In this episode of the Know More. Risk Better. podcast, the conversation explores how cyclical weakness and structural disruption are reshaping the outlook for European autos and influencing credit markets. Logan Miller is joined by Jim Williamson to discuss the growing impact of Chinese EV competition on market share, margins, and the long-term positioning of European OEMs, alongside lessons from historical US-Japan auto competition.<br><br>They examine the divergence between credit and equity signals, the role of protectionism and cost pressures, and how shifting fundamentals could affect investor risk sentiment. The episode delivers a clear, forward-looking perspective to help investors navigate credit positioning in an increasingly complex autos landscape.

Europe Autos Reset: Competition, Costs and Credit Risks

Know More. Risk Better.

Welcome to Know More, Risk Better, a CreditSights podcast. Across the global strategy team, we aim to make sense of the macro and the micro, highlighting opportunities and the risks facing the fixed income markets. As the macro makes headlines, we leverage our network of experts across Fitch solutions to better understand economic trends, rates, gyrations, geopolitical events, and how these factors impact corporates.

At Credit Sites, we understand that credit investing comes down to picking winners to generate alpha and avoiding losers. Our team of over 100 analysts across the US, Europe, and Asia provide unmatched sector expertise and fundamental knowledge. In our weekly podcast, the strategy team offers a look at the conversations we have with our colleagues, including analysts, fellow strategists, economists, and leverage finance market experts. If you want to know more so that you can risk better, you'll want to give this podcast a listen.

Welcome back everybody to the Credit Sites Know More, Risk Better podcast. My name is Logan Miller. I'm the head of European strategy based in London, and I'm pleased to be joined today by my colleague, Jim Williamson, who is a up and coming star or already a star at CreditSights. He's our head of European autos, also based out of London, and today we're going to go through a deep dive into some work that Jim has done in recent weeks regarding the auto cycle in Europe

and looking back at historical precedents as it relates to mid to late 1990s as it relates to Japanese competition with US auto manufacturers and how the crowding out of Chinese OEMs is playing out for European autos. But Jim, thanks for joining us.

Europe Autos Reset: Competition, Costs and Credit Risks

Read the full transcript

The candid version is on a podcast,
not the earnings call.

Europe Autos Reset: Competition, Costs and Credit Risks

Read the full transcript

The candid version is on a podcast, not the earnings call.

The candid version is on a podcast,
not the earnings call.