Tariffs in global trade, high production costs and changes in the Chinese market negatively affect the financial results of German automotive giants.
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German automotive manufacturers face high costs and market shrinkage during the transition from internal combustion engines to electric vehicles.
Uncertainties in global trade, US customs tariffs, high production costs and structural changes in the Chinese market put the German automotive industry under pressure. Manufacturers' profit warnings and downward financial expectations are deepening the decline in automotive stocks on the Frankfurt Stock Exchange.
Customs tax debates in global markets, protectionist policies in some major markets, high production costs and structural changes in the Chinese market continue to negatively affect the German automotive industry.
These increasing macroeconomic uncertainties regarding the future of the sector and the profit warnings issued by manufacturers one after another bring about historical declines in the stock performances of automotive companies traded on the stock exchange.
INCREASING COSTS AND TRANSFORMATION PRESSURE ARE REFLECTED ON BALANCE SHEETS
Downward revisions in sales figures, financial results and profit forecasts announced by manufacturers also directly affect this downward trend in the Frankfurt Stock Exchange.
German manufacturers, which have been dependent on internal combustion engines for a long time due to the political and legal framework that remains unclear throughout Germany and the European Union (EU), are struggling with the difficulties brought by the transformation process.
In addition to high production costs and shrinking profit margins, manufacturers directly feel the pressure of US customs tariffs, crises in the Middle East and rising energy prices on their balance sheets.

At around 00.45 on Sarıyer TEM Highway, a car traveling towards Ankara hit a stationary taxi from behind. After the collision, a fire broke out in the taxi's LPG tank and both vehicles burst into flames. In the accident, 4 people in the car were slightly injured, and the taxi driver received a burn on his arm. A total of 5 people were injured. Fire brigade, police and medical teams were dispatched to the scene.
While German automotive giants are facing profit declines, factory closures and layoff plans due to the contraction in global markets, high production costs and competition in China, the sector is experiencing a historical decline in the ifo index.

Porsche's global vehicle deliveries in the January-September 2026 period decreased by 16 percent compared to last year, falling to 178 thousand 532. While sales in the Chinese market fell 33 percent, the 911 model increased its deliveries by 11 percent.

Hyundai IONIQ 3 was produced in Izmit and offered for sale as the first fully electric car in Türkiye. It hit the market with four versions: Select, Trend, Prime and N Line EVO, with prices starting from 1,799,000 TL. The model offers a range between 343 km and 482 km with 42 kWh and 61 kWh battery options.

The automotive industry achieved exports of 31 billion 144 million 829 thousand dollars in the first 9 months of the year, with an increase of 3.1 percent compared to the same period of the previous year. The industry's largest market was Germany.

The 2026 winter tire obligation, which came to the fore with the decrease in air temperatures, will start on November 15 for commercial vehicles carrying intercity cargo and passengers. Although it is not mandatory for private vehicles, it is recommended for security reasons.