US Stock Market Move | Car stocks rise, Stellantis NV (STLA.US) up more than 7%

On Wednesday, U.S. automotive stocks rose. As of the time of writing, Stellantis NV (STLA.US) surged over 7%, General Motors Company (GM.US) rose over 4%, Ford Motor Company (F.US) rose nearly 3%, and Tesla, Inc. (TSLA.US) rose 0.5%. In terms of news, Trump said he had talks with the three major U.S. automakers on Tuesday, preparing to give tax incentives for car loan interest payments, but the condition is that the cars must be manufactured in the U.S.