VW, BMW and Mercedes: many cars, few small cars: why German companies are losing importance in the electric car market

Henry Ford, the inventor of the assembly line car, left many a clever sentence.

VW, BMW and Mercedes: many cars, few small cars: why German companies are losing importance in the electric car market

Henry Ford, the inventor of the assembly line car, left many a clever sentence. One reads, "A deal that only makes money is a bad deal." The bosses of the German car manufacturers should have the bon mot tattooed on their arms. As a lesson. VW, BMW and Mercedes were able to make a net profit of around 50 billion euros in the crisis year 2022, but they are currently doing pretty bad business on the world market. Especially in the future electric car sector.

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