Tag: inventory shortages

German automakers Volkswagen, Mercedes-Benz, BMW, Audi, and Porsche deal with an alarming crisis in 2025, with net earnings plunging over 40% in Q1 due to slumping sales in China and escalating U.S. tariffs. On May 23, President Trump announced a 50% tariff on EU imports, reliable June 1, unless production shifts to the U.S., sending…