The BMW Group already announced in mid-March that it expects a €1bn hit to earnings from trade tariffs. Now, they added that “the Group expects some of the tariff increases to be temporary ...

BMW exports cars from its Spartanburg, S.C. plant. (Sean Rayford/AP) Higher tariffs could cost BMW almost $1.8 billion this year. The Munich-based car maker said new trade levies would reduce its ...

(Bloomberg) -- BMW AG’s earnings plunged 23% in the first quarter as intense competition in China pushed sales in its biggest single market to a five-year low. Earnings before interest and tax ...

BMW expects U.S. car tariffs to decline from July, based on its contacts with U.S. officials, a more upbeat assessment of the trade situation than many rivals and leading the German luxury automaker ...

BERLIN (Reuters) -Germany's BMW maintained its full-year guidance on Thursday despite U.S. tariffs and quarterly earnings dropping by a third, arguing that its large manufacturing presence in the ...

German carmaker BMW stuck to its 2025 targets Thursday despite quarterly profits tumbling a third due partly to US tariffs, insisting its large American operations meant it could weather the storm ...

BMW has predicted a decline in US car tariffs starting in July, citing communications with US officials. This optimistic outlook contrasts with many of its competitors and reinforces the German ...

BMW AG, Mercedes-Benz Group AG and other European automakers are getting a €4 billion ($4.7 billion) earnings lift from the trade deal the European Union struck with the US, according to ...

The German car maker said U.S. tariffs would cut its earnings by around $1.1 billion. (Bob Strong/Reuters) New tariffs could cost BMW upward of a billion dollars. On Friday, the last of Europe’s ...

Effective US tariff rate is 17.3%, IMF says Global growth projected at 3% in 2025 vs 2.8% forecast in April Growth to drop by 0.2 percentage point if maximum US tariffs imposed July 29 (Reuters ...