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Analysis: Volkswagen, Mercedes and BMW lose ground against global rivals
Germany’s three largest automakers—Volkswagen, Mercedes‑Benz and BMW—recorded a 2.9 % drop in combined revenue to roughly €284 billion in the first half of 2024, according to EY analysis cited by dpa. Over the same period, 19 other global car groups grew their revenue by 3.6 % to just under €1.048 trillion, pushing the German firms to 16th, 17th and 19th places in the ranking, while Tesla led with the strongest growth, followed by Suzuki and Geely. Earnings before interest and taxes [...]