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European Commissioner for Trade Maroš Šefčovič said on Friday that China and the European Union have reached an agreement that could reduce exports of Chinese hybrid vehicles to the EU bloc by half over the next four years. #automobilovýprůmysl #elektrickávozidla #vývoz (translated)

Emanuel Boeminghaus said that Volkswagen delivered 1.89 million vehicles worldwide in the third quarter of 2026 - about 315,000 fewer than in the same period last year, a decline of 14.3 percent. In China, sales fell by 38.5 percent. Boeminghaus described Volkswagen and Audi as being in free fall. For the first nine months of 2026, he mentioned over six million vehicles sold worldwide. This is about 600,000 cars or 9 percent fewer than in the same period last year. According to the figures, the decline accelerated in the third quarter. https://t.co/VCQeOmmFby #Volkswagen #Automobilindustrie #Absatzkrise (translated)

Emanuel Boeminghaus wrote that the current numbers from Audi and VW have overtaken the debate about the cut of 50,000, 100,000, or 150,000 jobs. For both companies, it has now become about their own survival. The decline is happening faster than the corporations can react, and it is costing companies of this size a lot of money, he explained. The unions can no longer demand anything but can only pray, Boeminghaus wrote. #Automobilindustrie #Arbeitsplätze #Wirtschaft (translated)

Emanuel Boeminghaus wrote that Audi delivered 314,905 vehicles in the third quarter of 2026, which is a 19.7 percent decrease compared to the same period last year. In the second quarter, the decline was still around 8 percent. In the first nine months, sales dropped by 11.4 percent to 1.04 million vehicles. The declines were particularly strong in China, with nearly 25 percent, and in the USA, with around 17 percent. Boeminghaus cited high competitive pressure, US tariffs, and model changes as burdens. In Germany and Europe, however, Audi recorded slight increases. Boeminghaus described the development as a significant slump and wrote that the first German car manufacturer is experiencing a "flow separation." He cited t-online and dpa-AFX from October 12, 2026, as sources. https://t.co/BspP4hRPpM #Automobilindustrie #Absatzkrise #Audi (translated)

The German automotive industry is facing an historically unprecedented crisis, with managers highlighting pessimism due to tariffs in the USA, problems in China, and internal sluggishness within companies, leading to anticipated layoffs and factory closures. #automobilky #ekonomika #Německo (translated)

"This Paris Motor Show is taking place at a very special time," estimated the delegated minister in charge of Industry, Sébastien Martin, on Sunday during a presentation of the new models from the Volkswagen group. #MondialAuto2023 #Electrification #InnovationAutomobile (translated)

At the Paris International Motor Show, Emmanuel Macron positions himself as a defender of the European automobile industry against Chinese competition, emphasizing electrification, European preference, and innovation. #MondialAuto2023 #Electrification #InnovationAutomobile (translated)

For a car manufacturer like Škoda, it doesn't make a difference whether it will be 90 or 100 percent. The share of internal combustion engines is so low that it is no longer profitable to manufacture something like the Octavia when you sell 10,000 of them a year. It may be profitable for a brand that makes expensive sports cars, but not for Škoda Auto. Today, the former member of the management board of Škoda Auto, Martin Jahn, who is now the sales director of VW, commented on this clearly in a June interview for Hospodářské noviny: "For a car manufacturer like Škoda, it doesn't make a difference whether it will be 90 or 100 percent. The share of internal combustion engines is so low that it is no longer profitable to manufacture something like the Octavia when you sell 10,000 of them a year. It may be profitable for a brand that makes expensive sports cars, but not for Škoda Auto." #elektromobily #spalovacímotory #emise (translated)