The EU and US have agreed on a trade deal with a 15% baseline tariff rate for EU imports, benefiting automakers like Porsche, Mercedes-Benz, BMW, and Volkswagen. Stellantis and Ferrari are not expected to see significant gains. Volkswagen plans to negotiate a separate deal with the US. Share prices for BMW, Volkswagen, and Ferrari have already adjusted for lower tariffs, while Mercedes-Benz, Porsche, and Stellantis lag due to company-specific issues.

Read more at Morningstar: US-EU Trade Deal Boosts Porsche and German Peers; Stellantis Benefits Least