Volkswagen Warning Fails to Derail Optimism About Auto Stocks

So much bad news is priced into European auto stocks that some see Volkswagen AG’s profit warning as further evidence that things can only get better for the struggling sector.

By Isolde MacDonogh and Sagarika Jaisinghani · Bloomberg Markets

So much bad news is priced into European auto stocks that some see Volkswagen AG’s profit warning as further evidence that things can only get better for the struggling sector.