BMW sees earnings hit from US tariffs as EU warns against escalation
German carmaker BMW said on Friday it expected tariffs to cost it 1 billion euros ($1.09 billion) this year, while European ...
BMW expects 1 billion euro hit to earnings from escalating tariffs
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 ...
BMW Expects $1.1 Billion Earnings Hit From Tariffs This Year — 3rd Update
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 Is Bracing for $1 Billion-Plus of Tariff Pain
New tariffs could cost BMW upwards of a billion dollars. On Friday, the last of Europe’s big automakers to report results became the first to quantify the impact of higher import duties on its ...
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 ...
BMW warns of lower than expected autos margin as tariffs hit earnings
BMW forecast on Friday profit margins for its automotive business this year below analysts' expectations, factoring in the ...