- EV sales down 39%
- Hybrids up 29.6%
- ICE up 17.5%
This is an interesting number because it shows that the race to beat the tariffs was real. That’s going to create a bullwhip effect down the line and it shows a real effect on consumer behaviour. That’s going to lead to a blockbuster April retail sales report.
Ford shares are up 1% premarket, which puts them right back to where they were in 1985.
This article was written by Adam Button at www.forexlive.com.
