Aumovio's Role in BMW Brake Recall Might Make Investors Wary -- Market Talk
Dow Jones
Sep 19
1307 GMT - Aumovio's obligation to compensate BMW on its brake recall last year might be a stain on the company for some investors, UBS analysts write in a note. The Continental AG spinoff went public with a $4.1 billion valuation Thursday. Although UBS analysts cut the company's valuation by 700 million euros due to the fact that parent Continental supplied the faulty parts, the analysts consider compensation a manageable risk. The two companies could find a commercial agreement that softens the hit on Aumovio, they say. Aumovio shares are up 5.3% at 40.68 euros. (aimee.look@wsj.com)
(END) Dow Jones Newswires
September 19, 2025 09:07 ET (13:07 GMT)
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