STLA, F, GM Climb Overnight As Trump Clears Fuel Economy Rollback

Trump said he approved looser fuel economy standards, promising cheaper cars and more U.S. auto jobs.

Official response and confirmed impact

NHTSA projected $930 in upfront savings per vehicle, alongside higher fuel use and spending through 2050.

Cox forecasts Ford and GM will lose U.S. market share through the third quarter.

Shares of Stellantis (STLA), Ford (F) and General Motors (GM) climbed overnight late Sunday after U.S. President Donald Trump said that he had approved less stringent federal fuel economy standards, promising cheaper cars and more U.S. auto jobs.

Shares of STLA rose 1% overnight, while GM gained 0.2% and F edged up 0.1%.

Trump Touts Fuel Economy Rollback Trump called it a “BIG DAY FOR AMERICAN AUTO WORKERS AND CAR BUYERS” in a Truth Social post.

He said the new standards would end the Biden administration’s “EV Mandate,” save families thousands on a new car and allow automakers to build more vehicles in the U.S.

“Every Manufacturer, from General Motors to Ford to Stellantis, has called me wanting to build here, and now they can,” Trump said.