European shares slip on auto pressure, set for weekly loss

  • Posted on October 25, 2024
  • By Business News Today
  • 2 Views
European shares slip on auto pressure, set for weekly loss

German automaker Mercedes-Benz fell 3.7% after third-quarter earnings in core car division massively missed estimates, while Valeo shed 7.5% as the automotive supplier cut its annual sales guidance for the second time this year.
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