German automaker BMW warned Friday that it would take a big hit from trade wars between the United States, China and Europe this year, on top of weak Chinese demand, after profits plunged in 2024.US ...
The German manufacturer expects an automaking margin of between 5% and 7% this year, after the measure fell to 6.3% in 2024, ...
Announcement made in annual sales conference, which revealed one in five BMW Group cars sold last year was an EV ...
This comes as BMW along with other European carmakers are bracing for impact from US President Donald Trump’s planned tariffs ...
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 ...
In terms of different EV models, numbers have grown from 37 in 2020 to a whopping 132 options by the end of 2024. It means a ...
German premium carmaker BMW warned today of continued challenges in 2025 from trade tensions and weak demand in China after ...
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 ...