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 warns of a €1bn tariff hit in 2025 as US and EU levies on China-made EVs and North American exports threaten to shake up ...
The automaker expects earnings to remain flat this year while sales will grow only slightly as a result of global trade ...
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.
The electric SUV is going through the last stages of development in South Africa, together with the closely-related sedan.
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 has reported a 36 per cent fall in profits last year following weak demand in China and a global recall of cars and has warned it expects earnings will remain at a similar level this year because ...
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 ...
The European Commission has imposed tariffs of up to 45.3% on Chinese-built electric vehicles since last Octobe ...
The German car industry is still in a deep crisis. After Porsche, Volkswagen and Mercedes-Benz, BMW has now also reported a ...
Elon Musk’s Tesla has warned that Donald Trump’s trade war could expose the electric carmaker to retaliatory tariffs that ...
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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 ...
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