European Auto Stocks Rev Up After U.S.-Japan Trade Deal -- Market Talk

Dow Jones
Jul 23

0738 GMT - Car companies are among the top gainers in European stocks, after a U.S.-Japan trade deal lifted investor sentiment on the sector. Sweden's Volvo Car is the top riser among European auto stocks, climbing more than 10%, followed by Porsche AG with a 6.9% gain. Jeep maker Stellantis rises 5.5% and Volkswagen is up 5%. German luxury-car makers Mercedes-Benz and BMW rise 5.2% and 4.7%, respectively. Renault's stock gains lag behind those of its peers, up 2.7%, after the French automaker issued a sales update. The Stoxx Europe 600 Automobiles & Parts index is up 3.5%, while the broader Stoxx Europe 600 rises 0.9%. (adria.calatayud@wsj.com)

 

(END) Dow Jones Newswires

July 23, 2025 03:39 ET (07:39 GMT)

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