BMW will feel brunt of new auto tariff policy
BMW Says U.S. Tariffs to Hit Auto Segment Profitability
Tariffs implemented from Wednesday will shave about 1 percentage point off the margin on earnings before interest and taxes in the auto division, Chief Financial Officer Walter Mertl said. As a result, the company's EBIT margin is now expected at between 5% and 7%.
BMW iX3, 1st Neue Klasse EV, set for 2025 Munich auto show
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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 ...
Tariffs imposed by the Trump administration threaten to increase the cost of vehicles built both here and elsewhere — but the ...
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BMW X5 xDrive50e is a strong performer with a luxurious interior -- plus it can be used as an EV for day-to-day driving.
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