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.
BMW anticipates a slight sales growth in 2025 but warns that earnings will remain flat due to ongoing challenges and rising ...
The American auto industry is working out how to adjust supply chains if the trade war continues, a potentially expensive ...
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 ...
BMW shields U.S. dealers from new tariffs until May 1, ensuring stable pricing on pipeline vehicles despite rising import costs.
BMW does not expect the recently imposed U.S. tariffs to stay in effect until year-end. The carmaker's 2025 earnings margin ...
However, there’s a bit of good news as The Wall Street Journal is reporting that BMW has told U.S. dealers it will absorb ...
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