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 ...
Yahoo Finance will chronicle the latest news and updates on Trump's tariffs — from the threats to the eventual policy.
The electric SUV is going through the last stages of development in South Africa, together with the closely-related sedan.
BMW warned that tariffs and a "challenging competitive environment" could have a "significant impact on business performance" this year.
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.
Even Tesla can't escape the tariff chaos. Plus, the VW Group's Cupra brand U.S. launch is on track, and BMW takes a hit in ...
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 anticipates a hit to its earnings due to trade tariffs, impacting its finances by 1 billion euros. Despite challenges in China and U.S., BMW remains optimistic, forecasting a 5-7% earnings margin ...
German automaker BMW warned Friday that it would take a big hit from trade wars between the United States, China and Europe ...
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