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BMW expects big hit from tariffs

BMW expects big hit from tariffs after 2024 profits plunge

German automaker BMW warned Friday that it would take a big hit from trade wars between the United States, China and Europe this year.

Bloomberg on MSN · 2h

BMW Sees Tariffs, China Slump Weighing on Carmaking Profit

BMW AG’s carmaking profits will lag well below its long-term targets this year, weighed down by escalating trade tensions between the US and Europe and muted sales in China.

DPA International on MSN · 5h

BMW profits take big hit, down 37% in 2024

German luxury carmaker BMW posted a steep drop in profit last year due to weakening sales in China and technical problems with braking systems. The company on Friday reported €7.7 billion ($8.6 billion) in after-tax profit,

57mon MSN

BMW expects 1 billion euro hit to earnings from escalating tariffs

BMW said newly imposed trade tariffs could dent the carmaker's earnings by 1 billion euros ($1.09 billion) this year, as escalating trade tensions between China, Europe and the U.S. take a mounting ...

NewsBytes1h

BMW warns of €1B loss due to escalating trade tariffs

Renowned automaker BMW has projected a whopping €1 billion hit to earnings for the year 2024. The company's CEO Oliver Zipse ...

BMW posts 37% drop in annual net profit, warns of ‘subdued' Chinese demand

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 ...

BMW net profit dips on weaker China sales & delivery setback in Germany

BMW's net profit crashed by over a third in 2024 to 7.68 billion euros ($8.32 billion), in line with an LSEG forecast, after ...

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