German FAZ: German automobile manufacturers earn less than they have since the financial crisis010347

From July to September, German automobile manufacturers were under greater pressure than at any time since the financial crisis. Taken together, sales and revenue from Volkswagen, BMW and Mercedes-Benz remained largely stable. However, the manufacturers’ operating profit (EBIT) fell by almost 76 percent. With a total of just over 1.7 billion euros, they reached the… Continue reading German FAZ: German automobile manufacturers earn less than they have since the financial crisis010347

German FAZ: German automobile manufacturers earn less than they have since the financial crisis010349

From July to September, German automobile manufacturers were under greater pressure than at any time since the financial crisis. Taken together, sales and revenue from Volkswagen, BMW and Mercedes-Benz remained largely stable. However, the manufacturers’ operating profit (EBIT) fell by almost 76 percent. With a total of just over 1.7 billion euros, they reached the… Continue reading German FAZ: German automobile manufacturers earn less than they have since the financial crisis010349