Even Tesla can't escape the tariff chaos. Plus, the VW Group's Cupra brand U.S. launch is on track, and BMW takes a hit in ...
BMW on Friday warned that new tariffs could cost it as much as 1 billion euros ($1.09 billion) this year, as tensions heat up ...
Speaking on the media call, Chief Financial Officer Walter Mertl said that should the U.S. increase the tariff on imported cars from the EU to 10% from the current 2.5%, it would hit the margin by a ...
German automaker BMW warned Friday that it would take a big hit from trade wars between the United States, China and Europe ...
The German luxury carmaker said net profits tanked by more than a third last year, and warned that 2025 was also likely to be ...
FRANKFURT (Reuters) - German carmaker BMW (ETR: BMWG) said on Friday it expected tariffs to cost it 1 billion euros this year ...
Safe-haven gold surpassed $3,000 for the first time Friday, boosted by uncertainty over US President Donald Trump's tariffs, while stock markets gained on hopes US lawmakers will avert a government ...
According to the company’s data, the largest share of the group's revenue (42.7%) came from the European market, with Asia (32.7%) and North and South America (22.4%) in second and third place ...
India has firmly rejected Pakistan's claims linking it to the Jaffar Express attack. MEA spokesperson Randhir Jaiswal stated, "We strongly deny the baseless allegations. The world knows where the ...
EU mid-market update: UK GDP and production data disappoints; Themes complex as Putin issues demands on Ukraine ceasefire ...
BERLIN] BMW’s net profit slumped by over a third in 2024 to 7.68 billion euros (S$11.13billion), in line with market ...
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