BMW expects trade tariffs to cost the carmaker 1 billion euros ($1.09 billion) this year, its CEO said on Friday, factoring ...
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Agence France-Presse 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 ...
BERLIN (Reuters) - BMW's net profit crashed by over a third in 2024 to 7.68 billion euros ($8.32 billion), in line with an ...
(Reuters) - BMW's Chief Financial Officer said on Friday that the added tariffs on U.S. imports imposed up until March 12 ...
The American auto industry is working out how to adjust supply chains if the trade war continues, a potentially expensive ...
BMW Motorsport founder Jochen Neerpasch recalls the company’s most important victory and how it helped establish the brand in ...
The incident occurred shortly after 5 a.m. in the 300 block of National City Boulevard when a pedestrian reportedly ran in ...
The threat of import tariffs has raised alarm bells in Europe, as vehicles and machinery are the European Union’s biggest ...
BMW does not expect the recently imposed U.S. tariffs to stay in effect until year-end. The carmaker's 2025 earnings margin ...
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 ...
Tariffs implemented from Wednesday will shave about 1 percentage point off the margin on earnings before interest and taxes in the auto division, Chief Financial Officer Walter Mertl said. As a result ...
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