Ford and GM shares both added about 0.6% after opening with declines on the day. The White House has until May 18 to make a decision on whether it will add duties to imports of vehicles and auto parts.
Bloomberg first reported the auto tariffs delay.
He is manipulating the market! Every time he does this!
The guy is a menace
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Ford shares jump after Bank of America upgrades the stock to buyFord shares rallied in before the opening bell Friday morning after Bank of America Merrill Lynch upgraded the equity to buy form neutral. IPODave Ford has no upside ,hyundai / kia moving into the suv market with vehicles designed to crush ford ,lower price better quality and made in the u.s. .Example .Kia cant keep up with demand for there telluride suv.And service/ warranty much better then ford
Source: CNBC - 🏆 12. / 72 Read more »
Workhorse shares surge as Trump reports deal with GM over Lordstown plantShares of Workhorse Group surged 32% as President Trump, in a tweet, said that General Motors is selling its Lordstown, Ohio, plant to the Cincinnati...
Source: MarketWatch - 🏆 3. / 97 Read more »
Trump says GM will sell Lordstown, Ohio plant to Workhorse for electric truck productionTrump says Chinese negotiators 'just informed' the White House they are 'coming to the U.S. to make a deal' on trade. So he will do all he can to help ELECTRIC vehicles succeed? tsla MAGA ... POTUS on fire!!! And he supports electric trucks and cars. Wow RepTimRyan looks like the President is actually looking out for your constituents. Saved a lot of jobs!
Source: CNBC - 🏆 12. / 72 Read more »
GM to invest $700 million in Ohio, create 450 new jobs“I have been working nicely with GM to get this done,” President Donald Trump tweeted on Wednesday. 450 new jobs compared to the 14,000 lost largely due to trump's import taxes on metal. that's 1/28th of them back. So if 14,000 mfg jobs were lost since 11/2018 and the Ohio investments only add 450 jobs..........do the math. why does the media still fall for this chicanery?
Source: NBCNews - 🏆 10. / 86 Read more »
GM In Talks to Sell Ohio Plant, Drawing Praise From TrumpGeneral Motors said it is in talks to sell its shuttered assembly plant in Lordstown, Ohio, to an electric-truck maker, a development that drew praise from President Trump for creating jobs in the politically pivotal state. This is to anybody who believes anything that comes out of Donald Trump's mouth if you believe with Donald Trump is saying I would like to meet you because I want to sell you a bridge and a three-legged dog that's blind in one eye
Source: WSJ - 🏆 98. / 63 Read more »
Trump: GM selling Lordstown plant to small truck-makerGeneral Motors is selling its plant in Lordstown, Ohio, to a small electric truck-maker called Workhorse, President Trump tweeted — news that could blunt anger in the battleground state over the impending loss of 1,700 jobs BUY FORD!!! They won't be picking up even 1/2 that number of jobs, if it even works out at all. Some of these announcements haven't really resulted in any jobs, but they're not claiming more than 450 jobs at best here. That is great? What is the catch?
Source: politico - 🏆 381. / 59 Read more »
Under pressure from Trump, GM in talks to sell idled Ohio plantUnder pressure from President Donald Trump, General Motors Co said on Wednesday ... TV free enterprise?....'pressure from trump' sounds more like communist china TV US in Trump-top shape. TV And yet one of his big campaign promises was to revitalize the auto industry so we could bring back jobs. Another LIE
Source: Reuters - 🏆 2. / 97 Read more »
Trump tweet sends penny stock Workhorse surging by more than 90%, crashes websiteShares of Ohio-based automaker Workhorse jumped after a tweet from President Trump. The power of the Donald. I love him. Thats Felix Sater's job.
Source: CNBC - 🏆 12. / 72 Read more »
Trump 'very surprised' about subpoena for his son Donald Trump Jr.Pres. Trump told ABC's jonkarl he was 'very surprised' the Senate Intelligence Committee subpoenaed Donald Trump Jr. 'My son is a very good person, works very hard, the last thing he needs is Washington, D.C. He would rather not ever be involved.' jonkarl His son is a private citizen. Who wants popcorn? jonkarl You can’t have your son in a public serving capacity and expect him to not be held accountable like every other public official jonkarl The Dems have no platform! 😂😂
Source: ABC - 🏆 471. / 51 Read more »
Trump 'very surprised' Republican-led Senate Intelligence Committee subpoenaed Donald Trump Jr.The Senate Intelligence Committee issued the subpoena on Wednesday; it was not immediately clear why he was being subpoenaed. TrumpCrimeSyndicate *The family that stays together preys together* Why is he surprised!? His son is just as much a criminal as he is! They should be used to subpoenas by now! Wait til he gets defeated next year, he can look forward to dozens more!! Harrassment, plain and simple. When will Democrats do their job? This was purely partisan minus 1 antiTrumper rep.
Source: USATODAY - 🏆 100. / 63 Read more »
Senate Intelligence Committee subpoenas Donald Trump Jr. over Trump Tower Moscow testimonyThe Republican-led Senate Intelligence Committee has subpoenaed President Donald Trump's eldest son, Donald Trump Jr., to answer questions about his claim to have just limited knowledge of an ultimately aborted plan to build a Trump Tower in Moscow. CASECLOSED 🤣 Ruh Roh!!! Old news.
Source: CNBC - 🏆 12. / 72 Read more »