BMW Says U.S. Tariffs to Dent Autos Earning Margin by One Percentage Point
(Reuters) - BMW's Chief Financial Officer said on Friday that the added tariffs on U.S. imports imposed up until March 12 would reduce its earnings margin in the autos segment by one percentage point, according to a copy of his speech seen in advance.
BMW anticipates a slight sales growth in 2025 but warns that earnings will remain flat due to ongoing challenges and rising ...
BMW’s net profits slumped by more than a third in 2024 as weaker demand in China and Germany weighed on the high-end car ...
As expected, BMW will launch the debut model of the 'Neue Klasse,' long heralded as the electric SUV in the 3 Series segment, ...
We’ve heard comments from Big Tech and retailers on the impact of tariffs even if they’re delayed, and now here are a few other reactions: * Lego CEO Niels Christiansen recently said, “At this point ...
The American auto industry is working out how to adjust supply chains if the trade war continues, a potentially expensive ...
BMW said it had certain Mexican-built models that would be subject to tariffs, the 3 Series sedan and 2 Series coupe, ...
German automaker BMW warned Friday that it would take a big hit from trade wars between the United States, China and Europe ...
This will be a big year for BMW, introducing a wholly new platform called Neue Klasse which will underpin a raft of models ...
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 ...
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