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BMW Sees Tariffs

BMW warns on tariffs, China as 2024 profits plunge

German premium carmaker BMW warned Friday of continued challenges in 2025 from trade tensions and weak demand in China after reporting a plunge in profits last year. The Munich-headquartered group joins other German automakers in reporting sharply lower profits amid a choppy transition to electric vehicles and slowing demand in key market China.

Bloomberg on MSN · 44m

BMW Sees Tariffs, China Slump Weighing on Carmaking Profit

BMW AG’s carmaking profits will lag well below its long-term targets this year, weighed down by muted sales in China and escalating trade tensions between the US and Europe. The German manufacturer expects an automaking margin of between 5% and 7% this year,

Financial Times · 58m

BMW warns of profit hit from tariffs

BMW has reported a 36 per cent fall in profits last year following weak demand in China and a global recall of cars and has warned it expects earnings will remain at a similar level this year because of new European and US tariffs.

The future of BMW is being built at a battery factory in Germany

The battery pack that will underpin the Neue Klasse gets new tech, a new layout, and more range.

The Star3d

Nio introduces Firefly brand to take on BMW’s Mini

BMW’s pure electric Mini also sells from 148,800 yuan in China while Mercedes’ Smart #1 car is priced from 154,900 yuan. Domestic brand Firefly will compete against BYD’s Seal and Xpeng’s ...

19d

BMW says it will review timing of electric Mini production in UK

BMW said on Saturday it is rethinking its timetable for manufacturing all-electric Mini cars in Britain, citing uncertainties facing the industry.

BMW posts 37% drop in annual net profit, warns of ‘subdued' Chinese demand

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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