Europe's automakers, auto engineering groups and parts suppliers all enjoyed a strong recovery in shareholder value in the first three months of 2019 following significant losses in the preceding quarter. Automakers gained 9.7 percent, while parts suppliers improved 8.9 percent and auto engineering companies -- a new segment in Automotive News Europe/PricewaterhouseCoopers Transaction Services Shareholder Value Indices -- improved 10.9 percent.
These gains were in line with European stock markets generally, with Germany's DAX 30, which was up 9.2 percent, the French CAC40, up 13.4 percent, and the Euro STOXX Blue Chip 50, up 12.3 percent over the same period.