Detroit auto stocks jump on report of tariff relief for U.S. vehicles
Production will begin at the Old Detroit-Hamtramck Assembly Facility less than two years after the GM has declared a large investment of $ 2.2 billion to completely renew all electric trucks and SUVs.
Photo: Jeffrey Sauger for General Motors
Detroit – Detroit automobile manufacturers shares shares, President Donald Trump’ın “important tariff relief” for the production of vehicles in the United States after a report on Friday afternoon jumped after a report
Stocks General motors– Ford engine and chrysler parents Stellantis The Reuters report increased from the transaction level or to approximately 2% to 4%.
Ohio’dan Republican Senator Bernie Moreno and automobile officials mentioned in the news organization, potential change “large automobile companies can effectively eliminate most of the costs paid,” he said.
“The signal of automobile companies around the world, look, you have the last assembly in the USA: We will reward you.” Reuters During an interview. “For Ford, for Toyota, for Honda, for Tesla, for GM, they will be immune to the tariffs, respectively the first five domestic content vehicle manufacturer.”
Reuters reported that the changes can be added to the expansion of a 3.75% tariff offset for five years, as well as to relieve US motor production.
US Electric Vehicle Maker Shares Tesla While approximately 2% in the afternoon trade remains in the US, according to other US lists for other automobile manufacturers with significant operations in the USA, for example, for example Honda Motor And Toyota engineI saw a multiplication.
Trump’s 25% tariffs on imported vehicles and parts have been a major concern for the automotive industry, and companies cost billions of dollars higher costs.
Automobile manufacturers are lobbing to relieve Trump management for vehicles produced by the United States as well as vehicles imported from Canada and Mexico.
The Ford shares, which collect the most vehicles in the USA, reached $ 52,66 per 52 weeks per share in the afternoon of Friday. The car manufacturer said that he had already expected $ 3 billion in costs related to the US tariff this year and that he could alleviate $ 1 billion.
