On Friday, shares of Detroit automakers, including General Motors, Ford Motor, and Stellantis, experienced notable gains after reports emerged that President Trump is contemplating significant tariff relief for vehicle production in the U.S. According to Reuters, the potential changes could effectively eliminate many costs associated with tariffs, which have been a major concern for the automotive industry. Republican Senator Bernie Moreno indicated that the relief would reward companies with final assembly in the U.S., potentially benefiting Ford, Toyota, Honda, Tesla, and GM. The proposed adjustments may include extending a 3.75% tariff offset for five years and adding U.S. engine production to the relief. Ford's stock closed at a new 52-week high, while GM and Stellantis also saw increases. The automotive sector has been lobbying for tariff relief, as Trump's existing tariffs have resulted in billions in additional costs for manufacturers.