Emanuel Boeminghaus stated that Volkswagen had earned only 12 euros per vehicle sold after nine months in 2026. Citing a study by the Center of Automotive Management, he explained that special expenses of 8.7 billion euros had nearly squeezed the profit margin to zero; after adjustments, it had amounted to 3.8 percent. According to Boeminghaus, the average return of the automakers studied had dropped from 4 to 3.6 percent, with two-thirds of the companies reporting profit declines. Mercedes had earned 4,198 euros per vehicle, BMW 3,059 euros; the industry average had been 1,363 euros. According to study leader Stefan Bratzel, the profits had fallen almost six times more than the revenues. Boeminghaus interpreted the figures as an indication of the pressure on Volkswagen's earnings capacity and the need to improve the cost structure. He cited DER SPIEGEL as the source. https://t.co/pc34fdykFC #Volkswagen #Automobilindustrie #Gewinnkrise (translated)