In his remarks, BMW CEO Oliver Zipse reaffirmed the critical importance of the Chinese market and described it as a highly dynamic and competitive market. "China remains unchanged as a key market for ...
The US has issued a major signal it could impose tariffs on cars from all countries, including South Korea, Japan and Germany ...
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 ...
CATL reported 15% growth in 2024 net profit, the slowest pace in six years, as a prolonged price war in China's electric ...
German automaker BMW warned Friday that it would take a big hit from trade wars between the United States, China and Europe ...
BMW chief executive Oliver Zipse said the company expected a €1 billion euro hit to its 2025 earnings from the newly imposed ...
Yahoo Finance will chronicle the latest news and updates on Trump's tariffs — from the threats to the eventual policy.
The German luxury carmaker said net profits tanked by more than a third last year, and warned that 2025 was also likely to be ...
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 ...