Global Autos Daily: The Morning News

Research evidence excerpt

Global Autos Daily: The Morning News

Deutsche Bank

Research

Europe Strategy Date

2 July 2026

Global Autos Daily Market Update

The Morning News

Tim Rokossa

Continental Q2 preview, EU OEMs' in the US market, Head of European Equity Research

Stellantis US sales, Mercedes’ electric GLC launch update,

China OEMs' June deliveries, Thematic Research - Q2’s Christoph Laskawi

Research Analyst

emerging themes & This Month in Geopolitics

Nicolai Kempf

INVITES: Ferrari Expert call (7/9), Truck'n'Roll - Truck IAA

Field trip (9/15-16) Edison Yu

Continental AG - Q2-26 preview: Another strong quarter in Tires (Laskawi) Bin Wang

Continental is set to report Q2-26 results on August 4th before the market open and Research Analyst

will host a conference call the same day. While we see the Q2-26 numbers as a Nikita Papaccio

potential positive catalyst, as they should showcase strong operational execution Research Analyst

in the Tires business, the catalyst in focus remains the ContiTech disposal for which

Winnie Dong

an announcement is expected mid-year. We see the transaction on track and model

an EV of about €4bn in our valuation. Driven by a strong performance in Tires and

raising our forecasts, we lift our target price to €75. (See details here) Laura Li

Research Associate

EU OEMs in US market in June - Solid growth amid low comp base (Papaccio) James Mulholland, CFA

In June, US auto deliveries reached 1.4m units, a 3% increase y/y, with both pass Research Associate

cars (PC) and light trucks (LT) sales experiencing positive growth (adj. for one extra Wei Huang

selling day). According to MotorIntelligence data, all EU OEMs, with the exception Research Associate

of Porsche, outperformed the US market. This robust performance continues to be Mira Wiegratz