Shares of BMW, Volkswagen and Mercedes-Benz fall after Trump's victory

17:34 - 6.11.2024


November 6, Fineko/abc.az. The shares of premium car manufacturer BMW and its German competitors Volkswagen, Mercedes-Benz and Porsche fell by 3-5%, as traders are already taking into account the victory of Donald Trump in the U.S. presidential election.

ABC.AZ reports that Trump had previously threatened to impose heavy duties on imports of foreign cars.