European Auto Stocks Buoyed by New Trade Deal -- Market Talk

Dow Jones

2025/07/28

0725 GMT - Shares in European automakers trade higher Monday, part of a wider market rally after the EU and the U.S. agree a new trade deal. U.S. President Trump and European Commission President Ursula von der Leyen on Sunday announced an agreement that will see a 15% tariff applied across the board on EU goods entering the U.S. The European auto sector had been slapped with a 25% tariff since the beginning of April. Porsche and Stellantis shares both rise over 3%, with Volkswagen up 2.5%, Mercedes-Benz up 2% and Ferrari and BMW up 0.5% and 0.4%, respectively. (dominic.chopping@wsj.com)

(END) Dow Jones Newswires

July 28, 2025 03:26 ET (07:26 GMT)

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