Business · Markets · 1 hr ago
Dax opens higher as Volkswagen shares rise
Germany’s main stock index, the Dax, opened higher on Monday, up about 0.4% to 25,210 points.
Volkswagen shares rose 1.3%, even though the company delivered 14.3% fewer vehicles worldwide in the third quarter than a year earlier.
The company faces falling sales in China and stronger competition from Chinese carmakers in Europe.
Audi, which is part of Volkswagen, also delivered fewer cars, with sales of its core brand down 19.7%.
Investors are watching the auto industry, oil prices, rising interest rates and conflicts in the Middle East.
The IMF and World Bank began a seven-day annual meeting in Bangkok, where finance ministers and central bank leaders will discuss risks to global growth and financial stability.
The US earnings season also begins this week, with major banks due to publish results on Tuesday and Wednesday.
The Dax opened 0.4% higher at 25,210 points on Monday.
Volkswagen shares rose 1.3% at the start of trading, despite weaker delivery figures.
The Volkswagen Group delivered about 1.89 million vehicles worldwide from July to September, down 14.3% from a year earlier.
Investors were also watching the Paris motor show and the start of the IMF and World Bank annual meetings.
Oil prices eased, with Brent for December delivery down about 0.8% to $103.92 a barrel.
- Who
- The Dax and Volkswagen shares were the focus of the market report.
- What
- The Dax opened higher, while Volkswagen shares gained 1.3%.
- When
- Monday, 12 October 2026.
- Where
- The German stock market.
- Why
- The report cited investor attention on the automotive industry and support from an EU-China agreement on export restrictions for hybrid cars.
This story does not have two clearly opposing sides.
With the official beginning of the US reporting season, investors face a potentially turbulent week.
The Dax opened at 25,210 points, up about 0.4%.
Volkswagen shares gained 1.3% at the start of trading.
- Dax opening
- 25,210 points; up about 0.4%
- Volkswagen shares
- Up 1.3% at the start of trading
- Volkswagen Group deliveries
- About 1.89 million vehicles in July–September, down 14.3% year on year
- Audi deliveries
- 314,905 vehicles, down 19.7% year on year
- Brent crude
- $103.92 a barrel; down about 0.8%
Sources
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