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
Register to Attend Webinar
Presenter:
Daniel Higgins, MBA, CPB, Medusind
Next Up in Capital
-
Greenville, N.C.-based ECU Health received $25 million from the North Carolina General Assembly Oct. 8 to help restore emergency care…
-
Philadelphia-based Penn Medicine received a $25 million gift from the Smilow Foundation to establish the Smilow Center for Precision Therapeutics,…
-
Chapel Hill, N.C.-based UNC Health has begun construction on a 48-acre campus in Cary, N.C., that will include a 152-bed…
Join the 500,000+ healthcare executives who start their day with Becker's
Becker's Hospital Review Newsletter is sent Monday–Sunday.