Home Stocks Trump’s deregulatory push hands Detroit automakers multibillion-dollar boost (F:NYSE)

Trump’s deregulatory push hands Detroit automakers multibillion-dollar boost (F:NYSE)

by Deidre Salcido
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Chip Somodevilla/Getty Images News

President Donald Trump’s rollback of EV incentives and emissions rules is reshaping the U.S. auto industry, freeing up billions of dollars for Detroit’s carmakers to reinvest in gasoline-powered vehicles, Bloomberg News reported Sunday.

General Motors (NYSE:GM), Ford (

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