BMW foresees earnings hit as Europe counts the early cost of tariffs
German carmaker BMW said on Friday it expected tariffs to cost it 1 billion euros this year, while European officials warned ...
BMW expects 1 billion euro hit to earnings as tariff war escalates
BMW expects trade tariffs to cost the carmaker 1 billion euros ($1.09 billion) this year, its CEO said on Friday, factoring in EU duties on its China-made EV and newly imposed U.S. tariffs which are ...
BMW Net Profit Slumps as Weak China Sales, Brake Problems Plague Earnings
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 ...