By Kosaku Narioka
Shares in Asian and European carmakers rose Tuesday after President Trump suggested the sector might get tariff exemptions to give it more time to restructure North American supply chains.
-- Toyota shares rose 3.7% in Asian trading, while Honda gained 3.6% and Hyundai advanced 4.3%, following roughly similar gains in by General Motors and Ford in the U.S. on Monday.
-- European automakers such as Mercedes-Benz and BMW were also higher Tuesday morning.
U.S. auto plants, including those owned by Asian companies such as Toyota, use many parts from Mexico and Canada. Carmakers have said it is difficult to quickly build a U.S.-only supply chain.
This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage).
(END) Dow Jones Newswires
April 15, 2025 03:54 ET (07:54 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。