European carmakers on the skids

Stephan Kemper, Chief Investment Strategist at BNP Paribas Wealth Management, shares insights on the turmoil facing European automakers. He discusses the slow shift toward zero-emission vehicles by 2035 and the intense competition from Chinese brands. Kemper highlights challenges in maintaining traditional car production while innovating in electric vehicles. He also points out the growing interest in micro electric cars for urban mobility and identifies investment opportunities in the tire manufacturing sector as electric vehicles gain traction.