Steel-style China safeguards may offer EU autos a re-rating option:
UK Jul vehicle manufacturing (11.6%) y/y to 63,655 units - SMMT
StreetAccount Summary - Trading higher/lower: EU mid-morning
Renault downgraded to equal weight from overweight at Barclays (€28.61, 0.00)
Follow-up: UK's SMMT publishes latest forecast for new car registrations
UK July new car registrations +11.7% to 156,571 units -- SMMT
UK Jul new car registrations +11.7% to 156,571 units -- SMMT
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