According to a study, the German auto industry loses the connection to the competition. “The three German car companies were left behind by the majority of competitors in sales and profit development last year,” is the conclusion of an analysis by the consulting company EY. “During the sales of the 16 leading car companies worldwide last year, the German car manufacturers together recorded a sales minus of 2.8 percent.” In particular, the Japanese car companies stood out when it comes to sales with an increase of 7.8 percent. The US corporations still increased by 5.7 percent. In the case of operational profit (EBIT), German corporations recorded a minus of 27.2 percent, the Japanese a minus of one percent and the US manufacturers an increase of one percent.
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Approximately examined Ey Mercedes-Benz, Volkswagen and BMW from Germany, from Japan, among others, Toyota, Nissan and Honda, from the USA Ford, General Motors and Tesla, plus Hyundai and Kia from South Korea as well as from Europe Renault and Stellantis. “At the moment it is not going well for German carers. Not because the demand is far from as strong as hoped, ”said Constantin M. Gall, Managing Partner at EY. “There are also homemade problems such as expensive software defects, restructuring costs and recalls.” He does not expect a trend reversal this year. According to the study, Suzuki, according to the 2024 sales growth, was 14 percent followed by Honda with plus twelve percent. Volkswagen (plus one percent), Mercedes-Benz (minus four percent) and BMW (minus eight percent) rank in the back places. After that, only the bottom of Stellantis comes with minus 17 percent. More on the topic of winning Suzuki takes first place with plus 39 percent, followed by General Motors with plus 32 percent. Volkswagen ranks tenth with minus 15 percent, even further back is Mercedes-Benz (minus 31 percent) and BMW (minus 38 percent). The red lantern also holds Stellantis with a break-in of 84 percent. Trading is likely to be a crisis of the auto industry tightening auto industry in view of the weak economy in the crisis and suffers from the lower demand primarily according to electric cars. Several manufacturers and suppliers have already announced savings programs with job cuts in recent months. The United States is likely to tighten significantly: In the past week, US President Donald Trump had made his threats true and announced additional tariffs of 25 percent for all car imports for the beginning of April. External content activate especially for manufacturers from Germany. Because the USA is its most important export market according to the latest figures from the Federal Statistical Office. No other country took as many new cars from Germany as the United States.
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