BMW's Chief Financial Officer said on Friday that the added tariffs on U.S. imports imposed up until March 12 would reduce ...
BMW expects trade tariffs to cost the carmaker 1 billion euros ($1.09 billion) this year, its CEO said on Friday, factoring in EU duties on its China-made EV and newly imposed U.S. tariffs which are ...
EU mid-market update: UK GDP and production data disappoints; Themes complex as Putin issues demands on Ukraine ceasefire ...
German premium carmaker BMW warned Friday of continued challenges in 2025 from trade tensions and weak demand in China after ...
BMW AG’s carmaking profits will lag well below its long-term targets this year as sales in China slump and escalating trade tensions threaten US deliveries.
BMW's net profit slumped by over a third in 2024 to 7.68 billion euros ($8.32 billion), in line with market expectations, ...
BMW’s net profits slumped by more than a third in 2024 as weaker demand in China and Germany weighed on the high-end car ...
Tariffs implemented from Wednesday will shave about 1 percentage point off the margin on earnings before interest and taxes in the auto division, Chief Financial Officer Walter Mertl said. As a result ...
U.S. tariffs could push allies to forge closer relationships with other countries like China and India, according to former U ...
European markets are set to open higher on Friday, as U.S. President Donald Trump’s tariffs regime remains in focus.