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’s net profits slumped by more than a third in 2024 as weaker demand in China and Germany weighed on the high-end car ...
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Tariffs Won't Affect Some BMW Prices, for NowBuy your BMW 3 Series or 2 Series before May 1. Donald Trump's on-again, off-again tariffs will raise new car prices, but some consumers might not immediately feel the pinch. BMW told its dealers that ...
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