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Frankfurter Allgemeine 3d

The sales of electric cars in Europe are growing strongly, driven by high gasoline prices and new incentives, while Tesla is losing market share in Germany. (translated)

www.faz.net
Elektroautos Q3: Ölpreis und Prämien treiben Europas E-Auto-Absatz
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D
der Standard 4d

German companies, particularly in the automotive sector like VW and Mercedes, are experiencing a decline in sales due to a sales slump in China and are now seeking new market opportunities in India. #Exportnation #China #Indien (translated)

www.derstandard.at
Absatzflaute in China: Deutsche Unternehmen suchen Halt in Indien
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Emanuel Boeminghaus 7d

Emanuel Boeminghaus wrote that Audi plans to invest four billion dollars in a new plant in the U.S. state of Georgia. There, 200,000 SUVs should be produced annually, and starting in the early 2030s, the Q7, Q8, and Q9 models; around 4,500 jobs are expected. The construction start is planned for 2027. Additionally, 25,000 vehicles should be manufactured annually in South Carolina. Boeminghaus referred to around 1.2 billion euros in tariffs for Audi last year and a 16 percent decline in U.S. sales this year. At the same time, he wrote that the Neckarsulm plant may face closure after 2030, although this has not been decided. He viewed the investment in the U.S. as a sign of relocation and contrasted the planned jobs there with the uncertain future of German industrial locations. https://t.co/x3WDlilJSL #Audi #Automobilindustrie #Arbeitsplätze (translated)

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Frankfurter Allgemeine 2w

The Opel parent company Stellantis has been selling vehicles from the Chinese manufacturer Leapmotor in Europe since the end of 2024, which poses a problem for the German auto industry due to the lower prices of Chinese electric cars and the resulting competition, despite newly created sales opportunities for local suppliers. #China #EAutos #Automobilindustrie (translated)

www.faz.net
Autobauer aus China: Irritierende Starthilfe für die Konkurrenz
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Florian Warweg 2w

Florian Warweg stated that the federal government has since confirmed that pensioners in Russia have 200 euros deducted from their pensions each month. When he inquired at the government press conference in September, he was initially told that this was merely his claim. As evidence, Warweg referred to a subsequent statement from the Federal Ministry of Labor and Social Affairs regarding questions from the government press conferences on September 28 and October 5, 2026. The ministry stated that fees would be deducted for transfers of statutory pensions from Germany to accounts at Raiffeisen Bank International AG in Russia. The bank justified this with higher compliance risks and additional auditing and processing efforts. Despite efforts, alternative payment methods that could avoid the fees have not been found. According to the statement, statutory pensions would be transferred free of charge within the SEPA area. For payments outside this area, the benefit provider bears the costs up to the commissioned financial institution; fees from further correspondent banks are not covered by the German Pension Insurance or the Pension Service. Affected individuals could have their pension transferred to an account in another country, provided they meet the personal requirements and can set up an account there, according to the ministry. Warweg asked why the ministry initially labeled the deduction as an unfounded claim and then acknowledged it about two weeks later. He noted that the ministry had provided the supplementary information, while the Foreign Office, despite a commitment, had not sent any follow-up and later declared itself not responsible. The inquiry was about what advice it would give to affected German pensioners in Russia. #Rentner #Bundesregierung #Russland (translated)

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D
der Standard 2w

The Swiss chocolate manufacturer Lindt is parting ways with CEO Adalbert Lechner in order to return to a growth path after a decline in sales and rising prices. #Lindt #Schokolade #Unternehmensführung (translated)

www.derstandard.at
Schweizer Schokoladenhersteller Lindt feuert Konzernchef
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Spiegel Online 2w

Lindt & Sprüngli is dismissing CEO Adalbert Lechner after a sales crisis caused by high cocoa prices and summer heat, and is temporarily relying on former CEO Dieter Weisskopf to get the company back on a growth path. #Lindt #Schokolade #Vorstandwechsel (translated)

www.spiegel.de
Lindt & Sprüngli entlässt Konzernchef Lechner
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Emanuel Boeminghaus 2w

Emanuel Boeminghaus stated that BMW plans to cut around 8,000 jobs by the end of 2027 and save one billion euros annually starting in 2028, according to company circles. Individual severance payments could exceed 650,000 euros. Due to high interest, the employee portal temporarily crashed. Boeminghaus cited a sales crisis as the reason: BMW deliveries in China fell by about 25 percent in the third quarter of 2026. The company had already issued a profit warning in June. The voluntary severance program provides for exit dates in March and October 2027. Boeminghaus interpreted the strong demand as a sign that many employees are willing to leave voluntarily despite the difficult situation in the German automotive industry. https://t.co/2O6jCz1zCQ #BMW #Stellenabbau #Automobilindustrie (translated)

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Emanuel Boeminghaus 3w

Emanuel Boeminghaus wrote that the German automotive industry is experiencing a strong decline in sales, and Volkswagen CEO Oliver Blume is calling for political support. He reported declines in deliveries for the third quarter of 2026 of 19.7 percent for Audi, 15 percent for Porsche, 8 percent for Mercedes, and 6.3 percent for BMW. The Volkswagen Group has lost 14.3 percent, with the core brand down 19.3 percent. According to Boeminghaus, Blume demanded more flexible regulations and political incentives for production in Europe in light of the increasing import pressure from China. Volkswagen has lost 38.5 percent in China, Mercedes 31 percent, and BMW nearly 25 percent. At the same time, Volkswagen plans to cut tens of thousands of jobs and end production at four German plants. Boeminghaus cited ntv from October 13, 2026, as the source. https://t.co/nIvjrNk4z6 #Automobilindustrie #Volkswagen #Absatzkrise (translated)

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Zentrale Ermittlungsstelle 3w

The Central Investigation Office stated that a forced voting ban does not invalidate Article 41, Paragraph 2 of the Constitution of the State of Saxony-Anhalt. This guarantees representatives the individual right to vote in the plenary. According to their account, open pressure to vote violates the free mandate. https://t.co/O8tOh3y8R8 https://t.co/saHWoeMIzU #SachsenAnhalt #Verfassung #Abgeordnetenrechte (translated)

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Emanuel Boeminghaus 3w

Emanuel Boeminghaus wrote that BMW's sales decreased by 6.3 percent in the summer. This means that the Munich car manufacturer performed better than Mercedes with a minus of 7 percent, VW with a minus of 9 percent, and Porsche with a minus of 16 percent. This was mainly due to the success of Mini, although its returns did not match those of a 7-series BMW. Without Mini, BMW would be in a similarly poor position as Mercedes, in his view. According to Boeminghaus, the high-end segment has recently collapsed significantly. It fits that Rolls-Royce reported a 12 percent decline. While the Handelsblatt cites reasons and special effects for many developments, he sees a "decline on a broad front" and questioned who would ultimately be proven right. https://t.co/oQK2c4QKED #BMW #Automobilindustrie #Marktanalyse (translated)

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Frankfurter Allgemeine 3w

Porsche is facing a realignment, which includes a focus on the 718 and Macan models with battery power, as well as a drastic reduction in sales in China from 35 percent to about ten percent. #Porsche #Marktanpassung #Elektromobilität (translated)

www.faz.net
Porsche Zukunft: 718 immer, 911 nie, Macan wieder
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tagesschau.de 3w

The automotive industry in Slovakia is facing challenges as Volkswagen is cutting jobs and possibly relocating production sites due to a decline in sales and increasing savings requirements, while at the same time there is hope that flexible production in Bratislava could attract new models. #VW #Slowakei #Automobilindustrie (translated)

www.tagesschau.de
Autoindustrie: VW in der Slowakei - hoffnungsvolle Krise?
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Emanuel Boeminghaus 3w

Emanuel Boeminghaus wrote that VW reported today that 600,000 fewer cars were sold this year. Audi alone reported a sales decline of 20 percent for one quarter. Boeminghaus added that one might think the Germans deserved the economic downturn. #VW #Automobilindustrie #Wirtschaft (translated)

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Ralf Schuler 3w

The author wrote that VW sold 14 percent fewer vehicles and Audi's sales had declined by almost one fifth. https://t.co/LVZpuimGqU #VW #Automobil #Absatz #DE (translated)

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D
der Standard 3w

Volkswagen recorded a 14.3 percent decline in sales from June to September 2023 compared to the previous year, marking the largest decrease since 2022. #Volkswagen #Absatzrückgang #Automobilindustrie (translated)

www.derstandard.at
Volkswagen verzeichnet stärksten Absatzrückgang seit 2022
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Frankfurter Allgemeine 3w

Volkswagen's sales decreased by 14.3 percent to 1.88 million vehicles in the third quarter of 2026, with the Chinese market being the weakest, experiencing a decline of 38.5 percent. #Volkswagen #Absatzschwund #China (translated)

www.faz.net
Business-Ticker: Absatzschwund bei Volkswagen beschleunigt sich
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Emanuel Boeminghaus 3w

Emanuel Boeminghaus said that Volkswagen delivered 1.89 million vehicles worldwide in the third quarter of 2026 - about 315,000 fewer than in the same period last year, a decline of 14.3 percent. In China, sales fell by 38.5 percent. Boeminghaus described Volkswagen and Audi as being in free fall. For the first nine months of 2026, he mentioned over six million vehicles sold worldwide. This is about 600,000 cars or 9 percent fewer than in the same period last year. According to the figures, the decline accelerated in the third quarter. https://t.co/VCQeOmmFby #Volkswagen #Automobilindustrie #Absatzkrise (translated)

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Emanuel Boeminghaus 3w

Emanuel Boeminghaus wrote that Audi delivered 314,905 vehicles in the third quarter of 2026, which is a 19.7 percent decrease compared to the same period last year. In the second quarter, the decline was still around 8 percent. In the first nine months, sales dropped by 11.4 percent to 1.04 million vehicles. The declines were particularly strong in China, with nearly 25 percent, and in the USA, with around 17 percent. Boeminghaus cited high competitive pressure, US tariffs, and model changes as burdens. In Germany and Europe, however, Audi recorded slight increases. Boeminghaus described the development as a significant slump and wrote that the first German car manufacturer is experiencing a "flow separation." He cited t-online and dpa-AFX from October 12, 2026, as sources. https://t.co/BspP4hRPpM #Automobilindustrie #Absatzkrise #Audi (translated)

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Anna 3w

Anna wrote that US Senators Schumer, Shaheen, and Warren called Trump's diesel deal with Putin a "total betrayal" of Ukraine and pledged their support to Kyiv. They blamed the Iran war for rising fuel prices in the US and Europe and accused Trump of disregarding the bipartisan will of Congress, which had passed a law just weeks earlier prohibiting the purchase of Russian energy. The senators called for an end to the Iran war instead of financing Russia's war machinery, stating that Putin only responds to strength. Anna recalled that Trump told Zelensky in February 2025 at the White House that he had no cards. Now, Trump is allegedly asking Zelensky for oil with diesel prices exceeding $6 per gallon. According to Anna, Moscow is receiving a sanctions reprieve and new sales markets while Washington is facing accusations of betrayal in its own Senate. She cited a joint statement from the senators, the Senate Foreign Relations Committee, Arab News, and SRF as sources. #Ukraine #Trump #Putin (translated)

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