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Automakers: How the electric wave is overwhelming VW, BMW, and Mercedes
Automakers: How the electric wave is overwhelming VW, BMW, and Mercedes: Electric boom in Europe, combustion engine collapse in China: Profits at German ...
handelsblatt.com/unternehmen/industrie/autobauer-wie-die-elektrowelle-vw-bmw-und-mercedes-ueberrollt/100265334.html
Key FactsEV boom and falling profits at German automakers
1 days ago · Reading time: ~30 sec.
Summary created with AI assistance · Source: handelsblatt.com
  • Volkswagen, Mercedes-Benz and BMW cut their profit forecasts; BMW did so twice in less than six months.

  • The VW Group recorded a 6.4 billion euro write-down on its subsidiary Porsche; the non-cash charge significantly reduces profit.

  • In the third quarter, electric cars made up 26 percent of sales across the VW core brand, Audi, BMW and Mercedes, versus 19.5 percent a year earlier.

  • Sales of the new generation of electric cars significantly exceeded expectations; the article describes this as bad news for profits.
manage:mobility: Stress test for the car trade, battery empty at Mercedes
Opinionmanage:mobility: Stress test for the car trade, battery empty at Mercedes: Why the automotive crisis is leading to ever more bankruptcies in the trade ...
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You can’t become Formula One world champion without India: Mercedes CEO
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Sale to French operator: Mercedes-Benz abandons its European charging ...
Sale to French operator: Mercedes-Benz abandons its European charging network: At the beginning of 2023, Mercedes-Benz CEO Ola Källenius announced its own ...
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Wage negotiations: Warning strike at Mercedes in Bremen
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Change in the board: Mercedes manager Jörg Bartels will become head of ...
Change in the board: Mercedes manager Jörg Bartels will become head of development at Porsche
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Key FactsJörg Bartels to lead Porsche development
Oct 30, 2026 · Reading time: ~30 sec.
Summary created with AI assistance · Source: stuttgarter-zeitung.de
  • Michael Steiner, Porsche’s development chief since 2016 and deputy chairman since 2025, is due to leave the executive board in May 2027.

  • Jörg Bartels, 52, is moving from Mercedes-Benz to Porsche as Steiner’s successor in research and development.

  • Bartels had taken over global responsibility for all drive systems at Mercedes-Benz only in May 2026.

  • Bartels is to implement the long-term realignment in research and development under the recently presented “Sportwagenschmiede ’35” strategy.
Car manufacturer: Mercedes pays up to €330,000 in severance pay in ...
Car manufacturer: Mercedes pays up to €330,000 in severance pay in production: The DAX-listed company Mercedes is already offering severance packages in two ...
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Mercedes-Benz: |
Mercedes-Benz: | "The stock is in a solid downtrend": Mercedes-Benz lowers its profit forecast for 2026 due to a sharp decline in sales in China ...
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Mercedes Faces Even Bigger Problems in the Chinese Market
Mercedes Faces Even Bigger Problems in the Chinese Market: Mercedes’ automotive division posted significantly lower operating profits in the third quarter ...
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Key FactsMercedes-Benz cuts annual outlook despite higher quarterly profit
Oct 28, 2026 · Reading time: ~45 sec.
Summary created with AI assistance · Source: stuttgarter-zeitung.de
  • Third-quarter revenue fell 4.5% to €30.7 billion; the passenger-car division’s adjusted margin declined from 4.8% to 2.5%.

  • Mercedes cited tougher competition in China, unfavorable exchange rates and high costs for launching new models as pressures.

  • For 2026, the group now expects Ebit at the previous year’s level; 2025 Ebit was €5.8 billion.

  • Industrial-business free cash flow fell about 87% to €172 million; Mercedes cited a temporary buildup of new-vehicle inventories as the cause.
  • “increasingly challenging market environment in China”— Wording from a mandatory disclosure by Mercedes-Benz to the stock exchange, explaining the lowered annual forecast.
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Thursday in review: Hocus pocus at Mercedes and skid marks at Volkswagen
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Mercedes beats BMW - | why Källenius is still warning
Mercedes beats BMW - | why Källenius is still warning: The German automotive industry is suffering. Not least because of the strong competition from Asia ...
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Mercedes completely destroyed by fire near Neresheim - | €20,000 damage
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