Market cap of world's top five carmakers plunges $63bn

Supply chain disruptions and factory closures from the Covid-19 pandemic has caused the market capitalisation of the world’s five leading automobile manufacturers to plunge by $63bn this year.

This is according to data from BuyShares.co.uk, which reports that the combined market cap of VW, Toyota, Daimler, Ford and General Motors reduced from $426.5bn in December 2019 to $363.5bn this month...

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