After a drop of 2.5% in previous session, German DAX index rebounded on Wednesday supported by financials and car makers. Declining Spanish and Italian yields amid banking sector upgrade lifted Germany's main stock index. Deutsche Bank rallied 4.5% and Commerzbank jumped 4.8%. Volkswagen also contributed positively, gaining 3.8%, after posting a 15% improvement in worldwide car sales for its VW passenger model. Strong sales in the U.S. and Asia provided the main support for the total figure, company claimed. At the moment of writing DAX index is 1.46% or 96.10 points up at 6,702.26.