0942 GMT - The EU's revised emissions legislation for European automakers shows it still prioritizes carbon reduction over competitiveness, Citi analysts write. The plan sees the previous 100% carbon dioxide emission cut for 2035 falling to 90%. While the bank sees any change to the EU regulations as a positive, it says it also seems clear that the EU maintains its environmental agenda at the cost of EU auto industry competitiveness and automotive jobs. This is in contrast to the support shown to U.S. and China peers by their governments, Citi adds. "With many investors already viewing the EU auto industry as 'uninvestable' relative to U.S. and China original equipment manufacturer peers, we think these EU changes will not alter that conclusion." Shares in Volkswagen, BMW, Mercedes-Benz and Stellantis all fall by between 0.5% and 0.7%. (dominic.chopping@wsj.com)

(END) Dow Jones Newswires

December 17, 2025 04:43 ET (09:43 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.