Chinese carmakers are projected to achieve record 12 million overseas vehicle sales in 2026, up 44% from 2025, driven by robust export growth and surging EV demand bolstered by Middle East conflict-related fuel price increases. Leading companies like BYD and Chery have doubled down on international expansion, evolving into major global competitors particularly in Europe and Africa, while domestic market weakness incentivizes overseas focus.
Volkswagen terminated most collective wage agreements in Germany to cut costs, potentially reigniting labor disputes, while BMW plans to eliminate 20% of management roles by mid-2027 using AI. Germany's transport ticket price increased to €66.80 monthly, and the SPD called for an immediate review of banning the far-right AfD party.