The White House is poised to ease tariffs on the U.S. auto industry, a move that would deliver a major win for carmakers, Bloomberg’s Gabrielle Coppola and Catherine Lucey report. The Commerce Department is slated to announce a five-year extension for an arrangement that allows automakers to reduce what they pay in tariffs on imported car parts. Publicly traded companies in the space include Ford (F), General Motors (GM), Honda (HMC), Lucid Group (LCID), Mercedes-Benz (MBGYY), Nissan (NSANY), Rivian (RIVN), Stellantis (STLA), Tesla (TSLA), Toyota (TM) and Volkswagen (VWAGY).
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on F:
- “Fire Risks”: Ford Stock (NYSE:F) Slips as Another Recall Lands
- SCHD ETF News, 10/16/2025
- Ford recalling over 59,000 vehicles over fire risks
- “Didn’t Develop the Way Automakers Thought.” Ford Notches Up, Reconsidering the EV Market
- Ford Surveys the Damage Post-Novelis Fire, Ford Stock (NYSE:F) Gains Regardless