Ifo Business Climate Index: Mood in the German Car Industry Continues to Deteriorate

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The business climate of the automotive industry deteriorated in September. »The automotive industry continues to be in crisis«, says an expert at the ifo Institute.

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The business climate in the German automotive industry worsened sharply in September, according to a report published today by the Institute for Economic Research (Ifo) in Munich. The value of the index that measures business sentiment in the German auto industry fell from minus 22 points in August to minus 35 points, with companies rating the current business situation much worse. Besides […]

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BERLIN. The mood in the German automotive industry deteriorated strongly in September.

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The business climate index in the automotive industry has deteriorated sharply. The industry indicator was -35.0 points in September, compared to -22.0* points in August. {/mprestriction} The companies rated their business situation much worse than in August and even worse than in June and July respectively, when it reached a previous low of 2026. Business expectations had already fallen dramatically in August and remained low in September. "The…

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The mood in the German automotive industry deteriorated significantly in September, the Munich-based Ifo economic institute said today. The business sentiment index in the sector fell to minus 35 points from minus 22 points in August. "The automotive industry continues to struggle with the crisis," said An...

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The business climate in the German automotive industry has deteriorated significantly. The industry index stood at -35.0 points in September, compared to -22.0 points in August. In particular, companies assessed their current business situation much worse than in August, but also worse than in June or July, when it had reached its lowest level in 2026. Business expectations had already plummeted in August and remained low in September. “The auto…