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The rise helped to lift the European autos and parts sector.
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Mr Trump had threatened to impose 25 percent tariffs on European auto imports.
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European autos, which have been particularly sensitive to headlines around tariffs, were flat.
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European auto stocks were the biggest sectoral fallers, down more than 1 percent.
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It's not the neutral ground of Geneva, the other big European auto show.
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GM reaffirmed that it expects the European auto market to contract further this year.
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Bear markets were multiplying with European banks, European autos and copper in that category.
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Total European auto sales fell more than 7 percent in the year to August.
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Still, European auto industry sales have been pressured in recent months in the economic downturn.
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It may be viewed as ambitious, with the European auto market now approaching a peak.
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European autos are the biggest gaining STOXX sector though.
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Peugeot's problems have been even deeper recently, reflecting its heavy exposure to southern European auto markets.
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But talking to reporters later, he said imposing the tariffs on European autos remained a possibility.
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FCA shares in Milan rose more than 5 percent on Thursday, outperforming the European autos sector.
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The European auto market has long been plagued by too much capacity, cutthroat price competition and paper-thin margins.
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European autos was the top-gaining sector, up 1 percent, while almost every other sector traded in positive territory.
