LONDON, May 15 (Reuters) - European autos stocks surged on
Wednesday after Bloomberg reported, citing sources, that U.S.
President Donald Trump plans to delay imposing threatened
tariffs on car imports as the White House focuses on its spat
with China.
Europe's autos and suppliers index .SXAP jumped, up as
much as 2.2%, after the report which follows a Reuters report
last week that automakers expect Trump to delay his decision on
car tariffs for up to six months.
Germany's DAX .GDAXI , home to the region's biggest
carmakers, jumped on the news, up as much as 0.7%. The
pan-European STOXX 600 .STOXX rose briefly into positive
territory before giving back gains.