BMW sees earnings hit from US tariffs
BMW expects $1 billion hit to earnings from escalating tariffs
STORY: BMW warned its earnings could take a more than $1 billion hit this year.The German carmaker blamed newly imposed tariffs.It comes as trade tensions escalate between China, Europe and the U.S.BMW forecast an earnings margin for its cars segment of 5-7% for the year.
The American auto industry is working out how to adjust supply chains if the trade war continues, a potentially expensive ...
BMW said newly imposed trade tariffs could dent the carmaker's earnings by 1 billion euros ($1.09 billion) this year, as ...
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 anticipates a slight sales growth in 2025 but warns that earnings will remain flat due to ongoing challenges and rising ...
Volkswagen's core brands, including VW Passenger Cars, Skoda, SEAT/CUPRA and Commercial Vehicles, reported a 4.3% drop in ...
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 ...
BMW does not expect the recently imposed U.S. tariffs to stay in effect until year-end. The carmaker's 2025 earnings margin ...
The German luxury carmaker said net profits tanked by more than a third last year, and warned that 2025 was also likely to be ...
Tariffs imposed by the Trump administration threaten to increase the cost of vehicles built both here and elsewhere — but the ...
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