The major U.S. automakers were given a one-month exemption from new tariffs on Canadian and Mexican imports, the Trump administration said Wednesday.

Shares of GM, Ford, and Stellantis gained Wednesday as the White House granted the automakers a one-month exemption from new tariffs on Canada and Mexico.

Shares of General Motors, Ford, and Stellantis climbed on Wednesday after a report suggested that the Trump admin may delay auto tariffs.

S&P downgrades Stellantis rating ... Commerce Secretary Howard Lutnick said on Tuesday. Automakers warn that Trump tariffs will hike vehicle prices as much as 25% A trade group representing ...

The Trump administration has postponed tariffs for U.S. automakers by one month, while keeping the rest of 25 percent tariffs imposed on Mexico and Canada.

The announcement comes after Trump spoke with leaders of the "big 3" automakers, Ford, General Motors, and Stellantis on ... Commerce Secretary Howard Lutnick said there might be carveouts coming ...