The European automotive market is undergoing significant change, and one of the most striking developments is the rapid growth of Chinese car brands. Just a few years ago, these brands played only a marginal role, but today they are quickly gaining market share. By 2025, their combined market share is expected to reach around 6%, with projections pointing to approximately 9% in 2026. This growth is taking place in a market that is otherwise largely stagnant, meaning that the rise of Chinese brands is coming directly at the expense of established European manufacturers.

We all see the terrible situation unfolding in Ukraine. From a humanitarian perspective, a truly immeasurable tragedy. Our hearts and minds go out to everybody affected by these devastating circumstances.

First of all we hope you, your family members and employees are doing well. We live in unprecedent times and realize that the Corona-crisis has an impact on you personally.  The whole situation creates uncertainty and will mean new challenges and dilemmas, which we have to face together.

No, nowadays the cars aren’t even more environment unfriendly. Still they have a higher CO2 emission on paper since September 2017. How is that possible?