From Breakingviews - Breakingviews - COMMENTARY: EU carmaker turnaround hopes look doomed ↧ ↧ Breakingviews - COMMENTARY: EU carmaker turnaround hopes look doomed Shares in €41 bln VW, Stellantis and others have suffered as Chinese rivals take share in Europe. Today's valuations suggest that investors assign no value to core businesses. Deeper cost cuts and M&A will be tough to pull off and protection from Brussels may arrive too late.
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From Breakingviews - Breakingviews - COMMENTARY: EU carmaker turnaround hopes look doomed ↧
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