Reported about 17 hours ago
General Motors and Ford have seen significant stock price increases following the announcement of robust domestic sales and favorable federal policy adjustments. The easing of tariffs on certain auto parts and reduced fuel emissions regulations are expected to contribute to substantial savings for these companies. Both GM and Ford reported an increase in domestic sales, particularly in SUVs and crossovers, while benefiting from a pre-expiring tax credit rush for electric vehicles. Overall, the positive changes in regulatory policies are enhancing profit prospects for American car manufacturers.
Source: YAHOO