Although 2024 was a challenging year for BMW, and the turbulent tariff-led start to 2025 has sent shocks through automotive ...
The German luxury carmaker said net profits tanked by more than a third last year, and warned that 2025 was also likely to be ...
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 ...
BMW AG’s carmaking profits will lag well below its long-term targets this year, weighed down by escalating trade tensions ...
BMW predicts its automotive profit margin will be 5-7 per cent in 2025, below analyst expectations. This forecast considers recent U.S. tariffs and the potential for an escalating trade war. CEO ...
German automaker BMW warned Friday that it would take a big hit from trade wars between the United States, China and Europe ...
BMW expects trade tariffs to cost the carmaker 1 billion euros ($1.09 billion) this year, its CEO said on Friday, factoring ...
BMW said newly imposed trade tariffs could dent the carmaker's earnings by 1 billion euros ($1.09 billion) this year, as escalating trade tensions between China, Europe and the U.S. take a mounting ...
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 ...
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 ...
Chinese electric vehicle (EV) maker Zeekr Intelligent Technology will unveil a luxury model next month, targeted at luring ...
The electric SUV is going through the last stages of development in South Africa, together with the closely-related sedan.
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