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BMW sees earnings hit from US tariffs

BMW sees earnings hit from US tariffs as EU warns against escalation

By Christoph Steitz, Balazs Koranyi and David Lawder FRANKFURT/WASHINGTON (Reuters) -German carmaker BMW said on Friday it expected tariffs to cost it 1 billion euros ($1.09 billion) this year, while European officials warned the U.

The Financial Times · 20h

BMW warns of €1bn profit hit from global tariff war

BMW has warned that EU, US and China tariffs will cost it €1bn this year after its profits fell 36 per cent in 2024 and it warned earnings were expected to remain at a similar level in 2025. The German group,

The Wall Street Journal on MSN · 15h

BMW Expects $1.1 Billion Earnings Hit From Tariffs This Year

The automaker expects earnings to remain flat this year while sales will grow only slightly as a result of global trade tensions and a demand shift in China.

BMW’s EV future will debut on a 2nd-gen iX3 this September.

The Verge · 3h

BMW’s EV future will debut on a second-gen iX3 this September.

The electric crossover (based on last year’s concept) will be the first built on BMW’s Neue Klasse EV platform, which introduces an 800-volt architecture and new “Gen6” battery packs featuring higher density cylindrical cells for up to 30 percent better range.

Autoweek on MSN · 5h

BMW iX3 EV Is on the Way, Then a Sedan—and Neue Klasse ICE Models

Following the iX3 will be more than 40 models of all drivetrain variants, including a sedan as the second Neue Klasse vehicle.

Road & Track on MSN · 10h

BMW's First Neue Klasse SUV Will Be Named iX3, and It Debuts This September

The crossover first teased as the Neue Klasse X concept will be the first on the brand's all-important new platform.

BMW, China and Trump

Business Insider on MSN · 13h

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 challenging.

Hindustan Times on MSN · 18h

BMW says Donald Trump's tariffs, trade conflicts may cost it €1 billion

This comes as BMW along with other European carmakers are bracing for impact from US President Donald Trump’s planned tariffs on vehicles imported to the US.

Cryptopolitan on MSN · 18h

China sees US trade wars as a joke, as it pushes key allies away

At the Group of Seven (G7) meeting in Canada, European Union foreign policy chief Kaja Kallas said the real winner of the ongoing tariff war is China.

21hon MSN

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 ...

CBT News4h

BMW holds prices steady to protects U.S. dealers from new tariffs

BMW shields U.S. dealers from new tariffs until May 1, ensuring stable pricing on pipeline vehicles despite rising import costs.

The Citizen11m

PODCAST: Why all-new BMW X3 is just what the doctor ordered

BMW’s three-pronged powertrain approach also caters for everyone. The 20d oil-burner is extremely frugal, the 30e plug-in ...

21h

BMW Net Profit Slumps as Weak China Sales, Brake Problems Plague Earnings

BERLIN (Reuters) - BMW's net profit crashed by over a third in 2024 to 7.68 billion euros ($8.32 billion), in line with an ...

CBT News9h

BMW faces profit pressure amid China challenges and rising tariffs

BMW anticipates a slight sales growth in 2025 but warns that earnings will remain flat due to ongoing challenges and rising ...

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 driver shot dead at Brooklyn auto shop was beloved dad of three

Joharis Rivas had just rolled his black BMW sedan up to Robel Auto Repair shop on Meserole St. in Williamsburg when he was ...

Cartoq47m

Bollywood Actor Govinda Buys New BMW 530 Li M-Sport [Video]

Bollywood actor Govinda purchases new BMW 530 Li M Sport,joining his family's impressive BMW collection. Learn about their ...

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BMW sees earnings hit from US tariffs

BMW’s EV future will debut on a 2nd-gen iX3 this September.

BMW, China and Trump

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