BMW warns of $1 billion earnings hit from escalating tariffs
BMW has warned that newly imposed tariffs will cost the company approximately €1 billion ($1.09 billion) this year as global trade tensions intensify between the United States, Europe, and China. The German automaker said on Friday that its earnings margin for its automotive segment is expected to fall between 5% and 7% in 2025,
BMW appears to not comply with the requirement that 75% of a vehicle's parts must originate from North America to avoid the ...
The threat of import tariffs has raised alarm bells in Europe, as vehicles and machinery are the European Union’s biggest ...
The German luxury carmaker said net profits tanked by more than a third last year, and warned that 2025 was also likely to be ...
Testing of the BMW iX3 is in full swing, BMW's CEO Oliver Zipse said at the event today. That includes benchmarking in extreme hot and cold weather conditions. To go with that, BMW released several ...
BMW foresees a 1 billion euro hit due to U.S.-EU trade tariffs. With escalating tensions, President Trump threatens further ...
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