BMW Foresees Earnings Hit as Europe Counts the Early Cost of Tariffs
The EU's trade chief Maros Sefcovic is due to speak with U.S. Commerce Secretary Howard Lutnick and U.S. Trade Representative Jamieson Greer on the spiralling tariff conflict in a call scheduled for 1030 ET (1530 GMT) on Friday.
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 German luxury carmaker said net profits tanked by more than a third last year, and warned that 2025 was also likely to be ...
The battery pack that will underpin the Neue Klasse gets new tech, a new layout, and more range.
BMW this year will launch its new generation of EVs, known as Neue Klasse, starting with the production of an SUV based on ...
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's net profit crashed by over a third in 2024 to 7.68 billion euros ($8.32 billion), in line with an LSEG forecast, after ...
Nordot on MSN1d
BMW profits take big hit, down 37% in 2024German luxury carmaker BMW posted a steep drop in profit last year due to weakening sales in China and technical problems ...
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 ...
Results that may be inaccessible to you are currently showing.
Hide inaccessible results
Feedback