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Tuko on MSNBMW warns on tariffs, China as 2024 profits plungeGerman premium carmaker BMW warned Friday of continued challenges in 2025 from trade tensions and weak demand in China after ...
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 ...
The German luxury carmaker said net profits tanked by more than a third last year, and warned that 2025 was also likely to be ...
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.
Tesla will make a lower-cost version of its best-selling Model Y in Shanghai, three people with knowledge of the matter said, ...
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 ...
Xiaomi Corp., Geely Automobile Holdings Ltd., NIO Inc. and Xpeng Inc. will show how resilient China’s electric-vehicle sector ...
Tariffs imposed by the Trump administration threaten to increase the cost of vehicles built both here and elsewhere — but the ...
BMW plans to absorb the cost of Trump's tariffs on the M2, 2-series coupe, and 3-series sedan—but only for a short time.
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