Shares of Ford rose 0.6 percent and General Motors rose 0.5 percent after news of the investigation came out May 24.
President Donald Trump has discussed imposing a 25 percent tariff on auto imports, according to The Wall Street Journal.
More articles on business:
Comcast plans to outbid $52B Disney offer for Fox
Trump cools trade war with China, but other nations plan nearly $3.5B in tariffs on U.S. goods
J.C. Penney stock dips on news of CEO’s exit for Lowe’s
