Data from the Federal Statistical Office shows that German car exports to the United States slumped by 23.5 percent year-on-year in April and May, despite a 14.7 percent surge in the first quarter.

Mercedes-Benz was hit harder. The premium brand reported a 56 percent plunge in net profit to 2.7 billion euros for the first half, down from 6.1 billion euros a year earlier. It blamed the drop on ...