BMW warns of $1 billion earnings hit from escalating tariffs
BMW has warned that newly imposed tariffs will cost the company approximately €1 billion ($1.09 billion) this year as global trade tensions intensify between the United States, Europe, and China. The German automaker said on Friday that its earnings margin for its automotive segment is expected to fall between 5% and 7% in 2025,
Although 2024 was a challenging year for BMW, and the turbulent tariff-led start to 2025 has sent shocks through automotive ...
BMW anticipates a slight sales growth in 2025 but warns that earnings will remain flat due to ongoing challenges and rising ...
BMW’s pure electric Mini also sells from 148,800 yuan in China while Mercedes’ Smart #1 car is priced from 154,900 yuan. Domestic brand Firefly will compete against BYD’s Seal and Xpeng’s ...
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.
BMW tuner AC Schnitzer has unveiled a series of upgrade parts for the Mini Coope J01 ... Mini shifted the electric Cooper from its own platform to one co-developed with China’s Great Wall ...
The German manufacturer expects an automaking margin of between 5% and 7% this year, after the measure fell to 6.3% in 2024, ...
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