European carmakers on the skids
BNP Paribas Wealth Management
00:00
Intro
This chapter explores the hurdles faced by European automakers as they adapt to a transition towards electric and hybrid vehicles, influenced by EU regulations for zero emissions by 2035. It highlights the struggles of major brands like Mercedes, Volkswagen, and Stellantis amidst declining demand and profit warnings, while also noting the sector's underperformance compared to the broader Eurostox 50 index.
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Transcript
