The shareholder value of Europe's automakers increased by 6 percent in the second three months of this year, according to the latest Automotive News Europe/PricewaterhouseCoopers Transaction Services Shareholder Value Indices. The biggest gain, by far, was enjoyed by Ferrari, which improved nearly 22 percent.
While this was the second quarter in a row in which automakers showed an improvement, it represented a slowdown on the 9.7 percent recorded in the first three months.
The increase, however, was in line with the stock market, with the German DAX 30 up 7.6 percent, the Euro Stoxx Blue chip 50 rising 6.1 percent and the French CAC 40 up 6.2 percent over the same period.