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US automaker stocks dip in wake of parts tariffs

Mazda North America sales climbed 21% YoY in April

Aidan Bush

Mixed results marked the automotive stock market’s first trading day after a tariff on all imported auto parts went into effect May 2. American EV and internal-combustion engine automakers’ shares largely declined today, including Ford Motor Co., Rivian, Tesla and Stellantis. The manufacturers’ shares fell following implementation of President Donald Trump’s executive order to add […]

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