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German Carmakers Witness Profit Decline and Heightened Operational Stress Amid Trade Barriers
2025-05-01 /
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Author：小编
The first-quarter financial reports of 2025 from several prominent German automakers reveal a prevalent and substantial drop in profits. Volkswagen's net profit for the quarter plummeted by 41% compared to the previous year, while Mercedes-Benz experienced a decline of 43%. The German automotive industry is currently grappling with multiple challenges, chief among them the uncertainty fueled by US tariff policies, which has further intensified operational pressures. In response, the German Association of the Automotive Industry (VDA) has urged the US government to eliminate additional tariffs on vehicles and components, advocating for the resolution of trade disputes through constructive dialogue.
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