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Detroit auto stocks jump on report of tariff relief for U.S. vehicles
CNBC·2025-10-03 19:39

Production is now set to begin at the former Detroit-Hamtramck assembly plant, less than two years after GM announced the massive $2.2 billion investment to fully renovate the facility to build a variety of all-electric trucks and SUVs.DETROIT – Shares of the Detroit automakers jumped Friday afternoon following a report that President Donald Trump is considering "significant tariff relief" for the production of vehicles in the U.S.Stocks for General Motors, Ford Motor and Chrysler parent Stellantis shifted ...