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American automobile sales for Ford Motor and Hyundai Motor in South Korea increased in May, companies reported on Tuesday, as concerns Posts of prices related to prices Buyers prompted buyers to act quickly on their purchases of cars and SUVs.
The pricing policies of American president Donald Trump fueled uncertainty in the automotive industry, resulting in supply costs, putting pressure on margins and pushing certain car manufacturers to transmit expenditure to consumers.
Sales also obtained a boost from the offers and commercial offers for microphones and affordable multisgments.
Ford’s overall sales reached 220,959 units in May, against 190,014 units a year ago.
Truck sales from the F series of Detroit climbed 15% to 79,817 vehicles during the month.
In April, Ford extended reduced prices for its customers who are generally reserved for its workers in order to advance sales, although the automaker has also increased prices in three of its products made in Mexico in May.
Hyundai also reported an 8% increase in annual sliding of American automobile sales to 84,521 vehicles in May.
The company noticed a request in demand in March and April with a “little rush” from consumers having just bought because they were concerned about the potential increases in prices of the prices, said Tuesday Randy Parker, CEO of Hyundai Motor America, in an interview.
But no decision was made on the modification of the prices of the stickers for the vehicles of the brand following prices, added Parker.
A price protection program instituted by the automaker in early April ended on June 2 and was not extended. The program does not guarantee any hikes at the prices of stickers on new vehicles sold during the period.
“This period really marks our regular annual price exam,” said Parker. “We examine market dynamics, consumer demand, regardless of prices.”
