Finance

German carmakers to meet Chancellor Merz at summit in October

Published by Global Banking & Finance Review

Posted on September 26, 2025

1 min read

· Last updated: January 21, 2026

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German carmakers to meet Chancellor Merz at summit in October
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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

Top German Automakers to Confer with Chancellor Merz in October

Challenges Facing the German Automotive Industry

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.

Impact of U.S. Tariffs

The meeting comes as Germany's giant auto industry grapples with U.S. tariffs, slumping sales, and warnings on profits.

Key Players in Attendance

The Chancellery in Berlin did not immediately respond to a request for comment.

Current Market Conditions

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)

Key Takeaways

  • German carmakers to meet Chancellor Merz in October.
  • Summit to address US tariffs and industry challenges.
  • Volkswagen, Mercedes-Benz, and BMW to attend.
  • US tariffs impacting German automotive sector.
  • Meeting highlights trade tensions affecting profits.

Frequently Asked Questions

What is the purpose of the summit in October?
The summit aims to address the challenges faced by Germany's automotive industry, including U.S. tariffs and declining sales.
Which companies will be represented at the meeting?
Executives from major German carmakers such as Volkswagen, Mercedes-Benz, and BMW are expected to attend the summit.
What recent developments have increased uncertainty for the automotive sector?
Uncertainty grew after U.S. President Donald Trump announced tariffs on heavy-duty trucks, exacerbating existing trade tensions.
When is the summit scheduled to take place?
The summit is planned for October 9 in Berlin.
How did the Chancellery respond to inquiries about the meeting?
The Chancellery in Berlin did not immediately respond to a request for comment regarding the summit.

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