Ford pickups at a dealership in California. Automakers are keeping a wary eye on US demand since the outbreak of war in the Middle East

Ford pickups at a dealership in California. Automakers are keeping a wary eye on US demand since the outbreak of war in the Middle East

Carmakers are expected to report lower first-quarter US sales as the Middle East war clouds the industry's outlook compared with unusually favorable dynamics a year ago.

The US-Israeli offensive on Iran, launched on February 28, has boosted oil prices by more than 50 percent, sending gasoline prices to more than $4 a gallon.

Originally published on doc.afp.com, part of the BLOX Digital Content Exchange.

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