German car manufacturers are facing significant challenges, including weak profitability in electric vehicles and declining earnings in China, leading Goldman Sachs to downgrade Porsche AG and Mercedes-Benz AG. Analyst George Galliers highlights rising labor costs, tariff risks, and stringent environmental regulations as key issues. Despite a projected increase in Battery Electric Vehicle (BEV) sales, profitability remains a concern. The report indicates a challenging outlook for the European auto sector, with potential opportunities for Renault amidst the difficulties. Teljes cikk (Euronews.com)