Logos of Mercedes-Benz, Volkswagen and BMW
The carmaker’s shares are among the stocks in the Dax with the lowest ratings.
(Photo: Getty Images)
The environment for shares in VW, BMW and Mercedes looks bleak. The automotive industry lacks semiconductors and batteries. Add to that high inflation and rising interest rates, and Germany is on the verge of recession. War is raging in Europe, the tone between the West and China is becoming sharper.
“Anyone who only looks at the auto industry from a macro perspective sees a major crisis brewing,” explains Jürgen Pieper, an analyst at Bankhaus Metzler. On closer inspection, however, many risk factors would be put into perspective. “The auto industry is more alive than ever. Profits are at a record level and there will be no recession in the sector in 2023 either,” states the capital market expert.
Read on now
Get access to this and every other article in the
Web and in our app free of charge for 4 weeks.
Continue
Read on now
Get access to this and every other article in the
Web and in our app free of charge for 4 weeks.
Continue