Finance
German carmakers to meet Chancellor Merz at summit in October
Published by Global Banking & Finance Review®
Posted on September 26, 2025
1 min readLast updated: January 21, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on September 26, 2025
1 min readLast updated: January 21, 2026
German carmakers will meet Chancellor Merz in October to discuss challenges like US tariffs and slumping sales, with Volkswagen, Mercedes-Benz, and BMW attending.
BERLIN (Reuters) -Executives of Germany's top carmakers will meet Chancellor Friedrich Merz at a summit planned for October 9 in Berlin, a person with direct knowledge of the matter said.
The meeting comes as Germany's giant auto industry grapples with U.S. tariffs, slumping sales, and warnings on profits.
The Chancellery in Berlin did not immediately respond to a request for comment.
The source, who spoke on condition of anonymity, said Volkswagen, Mercedes-Benz and BMW would be among those companies represented.
Uncertainty for the sector grew on Friday after U.S. President Donald Trump announced tariffs on heavy-duty trucks, adding to trade tensions that have hit the automotive sector hard.
(Reporting by Christina Amann; Writing by Tom Sims; Editing by Thomas Seythal and Louise Heavens)
The summit aims to address the challenges faced by Germany's automotive industry, including U.S. tariffs and declining sales.
Executives from major German carmakers such as Volkswagen, Mercedes-Benz, and BMW are expected to attend the summit.
Uncertainty grew after U.S. President Donald Trump announced tariffs on heavy-duty trucks, exacerbating existing trade tensions.
The summit is planned for October 9 in Berlin.
The Chancellery in Berlin did not immediately respond to a request for comment regarding the summit.
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