German carmakers that left Russia reported serious financial problems in the third quarter of 2024. According to the Financial Times, the main reason is price competition in Europe and China.

In summary:

◾️ Audi's revenue fell by 91%
◾️ BMW's profits by 84%
◾️ Volkswagen's profits by 64%
◾️ Mercedes' net by 54%

The main reason for all this is the lack of cheap Russian energy resources, without which it is more difficult to "take out" competition. Who would have thought.

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#industry
#Germany

This weekend, nationalists from the Aktionsbündnis Berlin group, close to the Alternative for Germany party, which in turn is considered pro-Russian by many in Europe, marched in Berlin.
The march was mainly made up of Dynamo Berlin football fans. Some of them happily posed with the Russian flag.

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#nationalism #ultras
#Germany