BMW foresees earnings hit as Europe counts the early cost of tariffs
FRANKFURT (Reuters) -German carmaker BMW said on Friday it expected tariffs to cost it 1 billion euros this year, while ...
What Are the Most Expensive Cars To Insure?
Dodge, Lexus and Tesla models are among the most expensive cars to insure while drivers often find cheap coverage on Mazda, ...
BMW to Cover Tariff Costs for Cars Built in Mexico Through May 1
BMW plans to absorb the cost of Trump's tariffs on the M2, 2-series coupe, and 3-series sedan—but only for a short time.
BMW expects 1 billion euro hit to earnings as tariff war escalates
BMW anticipates trade tariffs will cost the company 1 billion euros in 2024, impacting its earnings margin. Tariffs, ...
BMW Promises to 'Price-Protect' Cars Built in Mexico Through May 1
Tariffs imposed by the Trump administration threaten to increase the cost of vehicles built both here and elsewhere — but the ...
BMW's China problem isn't going away — and Trump's trade war may make things worse
The German luxury carmaker said net profits tanked by more than a third last year, and warned that 2025 was also likely to be ...
Volkswagen and BMW navigate tariffs, ready back-up plans amid trade policy changes
The American auto industry is working out how to adjust supply chains if the trade war continues, a potentially expensive ...
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 ...
VW readies back-up plans, BMW ready to absorb extra costs as US tariffs loom
Volkswagen's core brands, including VW Passenger Cars, Skoda, SEAT/CUPRA and Commercial Vehicles, reported a 4.3% drop in ...
BMW says tariffs could deliver a $1 billion hit to earnings this year
BMW on Friday warned that new tariffs could cost it as much as 1 billion euros ($1.09 billion) this year, as tensions heat up ...
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 ...