German Auto Stocks Strong After Indecisive Election Result

German auto stocks spurted ahead after the election brought a narrow but inconclusive win for the left of center SPD over the right of center CDU/CSU. The Greens and left-wing Die Linke did worse than expected, suggesting extreme climate action that might have hurt auto companies is unlikely.
German auto stocks spurted ahead after the election brought a narrow but inconclusive win for the left of center SPD over the right of center CDU/CSU. The Greens and left-wing Die Linke did worse than expected, suggesting extreme climate action that might have hurt auto companies is unlikely.