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.
Some of the best sports sedans ever made have come out of Germany, and many of them now cost less than a base-level 2025 BMW ...
According to a new report from CNBC, the makers of the Ultimate Driving Machine said that if the USMCA guidelines remain for ...
The battery pack that will underpin the Neue Klasse gets new tech, a new layout, and more range.
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 ...
Rheinmetall is open to the prospect of buying up an unwanted Volkswagen site, the latest sign of a shift in Germany's ...
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 ...
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 this year will launch its new generation of EVs, known as Neue Klasse, starting with the production of an SUV based on ...
Stoxx 600 up 1.15%, Germany's DAX rises 1.86%, Britain's FTSE 1.05%, and Italy's FTSE MIB 1.73% - Anadolu Ajansı ...
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