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 ...
Although 2024 was a challenging year for BMW, and the turbulent tariff-led start to 2025 has sent shocks through automotive ...
Elon Musk’s Tesla has warned that Donald Trump’s trade war could expose the electric carmaker to retaliatory tariffs that ...
BMW warned that tariffs and a "challenging competitive environment" could have a "significant impact on business performance" this year.
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 ...
The electric SUV is going through the last stages of development in South Africa, together with the closely-related sedan.
The European Commission has imposed tariffs of up to 45.3% on Chinese-built electric vehicles since last Octobe ...
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 ...
The car industry is rarely out of the news, often under gloomy headlines related to tariffs, falling sales, low uptake of ...
BMW reports 2024 revenue decline of 8.4%. Automotive revenue down 5.6%, motorcycle revenue up 0.2%. Net profit decreases, trade war and tariffs impact.
That kicks off this Friday edition of Critical Materials, our morning roundup of technology and industry news. Also on ...
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 ...