The German luxury carmaker said net profits tanked by more than a third last year, and warned that 2025 was also likely to be ...

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 ...

New tariffs could cost BMW upwards of a billion dollars. On Friday, the last of Europe’s big automakers to report results became the first to quantify the impact of higher import duties on its ...

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.

This comes as BMW along with other European carmakers are bracing for impact from US President Donald Trump’s planned tariffs ...

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 ...

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 expects to report slight sales growth this year but said earnings would remain flat as it faces headwinds from continuing ...

The Jaecoo 7 is the latest Chinese car to arrive in the UK. It's a fraction of the cost of other premium SUVs. But is it any good? Freda Lewis-Stempel drives it to find out.

Northvolt’s fortunes took a more decisive turn when BMW canceled a $2 billion contract in June 2024. The battery manufacturer ...