BMW expects big hit from tariffs

BMW foresees earnings hit as Europe counts the early cost of tariffs
German carmaker BMW said on Friday it expected tariffs to cost it 1 billion euros this year, while European officials warned the U.S. economy would be the biggest loser if President Donald Trump pursues an "idiotic" trade war.
BMW Expects $1.1 Billion Earnings Hit From Tariffs This Year
The automaker expects earnings to remain flat this year while sales will grow only slightly as a result of global trade tensions and a demand shift in China.
BMW Expects to Take €1 Billion Hit From Growing Tariff War
BMW AG expects escalating trade conflicts between the US, Europe and China to cost the carmaker about €1 billion ($1.1 billion) this year, Chief Executive Officer Oliver Zipse said.
BMW expects 1 billion euro hit to earnings as tariff war escalates
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 upending global trade.
BMW warns of profit hit from tariffs
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 of new European and US tariffs.
BMW expects big hit from tariffs after 2024 profits plunge
German automaker BMW warned Friday that it would take a big hit from trade wars between the United States, China and Europe this year, on top of weak Chinese demand, after profits plunged in 2024. US President Donald Trump's aggressive trade policy,
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