Impact of Decline in the Chinese Market and Global Competition

Recent developments in the Chinese market are profoundly impacting the global automotive sector. Giants like Mercedes-Benz, BMW, and Volkswagen are experiencing significant profit losses due to declining sales in China.
Mercedes-Benz's third-quarter car deliveries fell by 27% due to a slowdown in luxury spending and the increasing market share of local electric vehicle manufacturers. This situation has negatively affected the brand's global sales.
BMW and Volkswagen are facing similar challenges. Particularly, tariffs in the US are putting pressure on these giants' profit margins. Experts suggest that this situation may also change the production plans of automotive giants in the coming period.
German automakers are redirecting their investments towards hybrid models due to falling demand and rising costs. This shift could further intensify competition in the sector.
Experts believe that there is a chance to reverse this trend with new technologies in the coming years, emphasizing the importance of investments in electric vehicles.