U.S. auto sales for Ford Motor and South Korea's Hyundai Motor rose in May, the companies reported on Tuesday, as concerns over potential tariff-related price hikes prompted buyers to act fast on their purchases of cars and SUVs.

Ford Motor Co. (F) on Tuesday said that it sold 220,959 vehicles in the U.S. in May, marking a growth of over 16% year-over-year, spurred by increased demand for its SUVs and trucks. While SUV sales rose 25% year-on-year (YoY) to 94,