Auto Tariffs Pressure Ford, General Motors Shares Lower

Group 1 - President Trump announced a 25% tariff on all cars not made in the U.S., effective April 2 [1] - Shares of General Motors Co (GM) and Ford Motor Co (F) declined in response to the tariff announcement, with GM down 6.8% to $47.48 and F down 4.4$9.84 [1][2][3] - J.P. Morgan Securities reduced its price targets for GM and F to $11 and$53 from $13 and$64, respectively [1] Group 2 - GM has experienced a 12.4% decline in 2025, while F has a year-over-year deficit of 22.3% [2][3] - GM's stock is approaching a support level at the $46 region, coinciding with its 200-day moving average [2] - Both GM and F are seeing increased options trading volume, with GM's volume at triple the intraday average and F's at double [4]