Since its March 2024 peak, the combined market value of six major European carmakers (Renault, Stellantis, Volkswagen, BMW, Porsche and Mercedes-Benz) has fallen by more than 230 billion euros to about 170 billion euros, down nearly 60%, while the Stoxx 600 rose about 30%. Drivers cited include competition from Chinese brands, whose share of the European market rose from 5.5% to 11.7% per Dataforce, the high cost of the EV transition, and US tariff policy. Scope Ratings estimates sector EBITDA margins fell from about 13% in 2022 to below 9% by end-2025. Renault is now the smallest company in the CAC 40 and could be removed from the index, which may prompt index-tracking funds to adjust their holdings.
Summary written by Upside AI from the original article. Read the source for full details.
Original headline: Các hãng xe châu Âu mất 230 tỷ euro giá trị vốn hóa
Read the original on Vietstock ↗
Keywords
electric vehiclesEuropetariffsChina
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Related tickers and likely impact
TSLA
▼ Likely negativeTesla, Inc.
Relevance: low
| Market | US stocks |
|---|---|
| Sector | Consumer Discretionary |
| Industry | Automobile Manufacturers |
| Market cap | $1.5T |
| Close on 10/28/2026 | 404.41 |
| Change that session | -0.75% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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