Autoindustrie: Drei Autobauer, vier Gewinnwarnungen: Die Elektrowelle überrollt VW, BMW und Mercedes
Elektro-Boom in Europa, Verbrenner-Kollaps in China: Die Gewinne der deutschen Autobauer sind im dritten Quartal eingebrochen. Besserung ist nicht in Sicht.
Düsseldorf saw the crisis in Germany's auto industry reflected in Volkswagen, Mercedes-Benz, and BMW having to revise their profit forecasts – BMW even twice in less than six months. Together, the groups generated €5.6 billion in profits in the first three quarters, a 57% drop compared to the weak previous year's period. The main culprit is Volkswagen's €6.4 billion write-off for its Porsche subsidiary, which is non-revenue generating but significantly impacts VW's profits.
The situation stems not only from a slump in China but also an unexpected boom in electric cars across Europe. In the third quarter, electric vehicles from the core VW brand, Audi, BMW, and Mercedes, accounted for 26% of sales – up from 19.5% before the year. This is evident in a Handelsblatt analysis based on data from provider Dataforce.
Over the years, electric cars from German manufacturers failed to resonate with customers. Now, the sales of the latest generation are significantly exceeding expectations, but the outlook for profits is a negative one.
Written by urgent.news from Handelsblatt's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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