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 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 ...
The automaker expects earnings to remain flat this year while sales will grow only slightly as a result of global trade ...
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.
BMW Chief Executive Oliver Zipse meanwhile said the company expected a 1 billion euro ($1.09 billion) hit to its 2025 earnings from the newly imposed U.S. tariffs and EU duties on its China-made ...
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 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 ...