The DAX Index Opens 0.60% Lower

In Frankfurt, the DAX Index is losing 141 points.

Losses were led by Porsche AG (-7.26%), Volkswagen (-6.09%) and Mercedes-Benz AG (-2.62%).

Offsetting the fall, top gainers were MTU Aero Engines AG (1.18%), Rheinmetall (1.04%) and Siemens Energy (0.90%).