VW, Mercedes and BMW Lose Ground Against Global Rivals
3 Articles
3 Articles
Turnover down 2.9%, operating income down 19%: the German trio picks up as the world market progresses.
0 The world's largest automobile industry has just set a record turnover, but the three German giants are moving in the opposite direction. Volkswagen, Mercedes-Benz and BMW jointly reduced their revenues by 2.9% and their operating profit by 19% during the first half of 2026.The world car industry is going through a difficult time, but that has not prevented their largest companies from having billed more than ever during the first half of the …
VW, Mercedes and BMW lose ground against global rivals
Germany's three largest carmakers continued to lose ground against international rivals in the first half of the year, according to an analysis by consultancy EY, reported dpa. The combined total revenues for Volkswagen, Mercedes-Benz and BMW fell to around €284 billion- a 2.9% decrease over the previous year, EY said. By comparison, the 19 other international automotive groups examined by EY increased their revenues by 3.6% to just under €1.048…
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