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BMW warns of lower than expected autos margin

The Wall Street Journal on MSN · 16m

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.

Reuters on MSN · 5h

BMW says U.S. tariffs to dent autos earning margin by one percentage point

BMW's Chief Financial Officer said on Friday that the added tariffs on U.S. imports imposed up until March 12 would reduce its earnings margin in the autos segment by one percentage point, according to a copy of his speech seen in advance.

NewsBytes · 44m

BMW warns of €1B loss due to escalating trade tariffs

Renowned automaker BMW has projected a whopping €1 billion hit to earnings for the year 2024. The company's CEO Oliver Zipse blamed the forecast on rising trade tariffs, including EU duties on its China-manufactured electric vehicles (EVs) and newly imposed US tariffs.

BMW Will Cover the Tariff Costs for Cars Built in Mexico

U.S. News Money · 1d

BMW to Absorb Tariff Costs on Some Mexican-Built Models

BMW said it had certain Mexican-built models that would be subject to tariffs, the 3 Series sedan and 2 Series coupe, including its M2 performance version, and it would "price protect" these vehicles until May 1, WSJ said. Copyright 2025 Thomson Reuters.

Reuters on MSN · 1d

BMW to absorb tariff costs on Mexican-built 3 Series sedans, WSJ reports

(Reuters) -German automaker BMW is telling dealers in the U.S. it will absorb the added cost of new tariffs on its imports from Mexico, at least for the next several weeks, the Wall Street Journal reported on Wednesday.

Car and Driver on MSN · 14h

BMW Will Cover the Tariff Costs for Cars Built in Mexico Through May 1

BMW plans to absorb the cost of Trump's tariffs on the M2, 2-series coupe, and 3-series sedan—but only for a short time.

6h

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 ...

16h

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 ...

Motor Authority2h

BMW iX3, first Neue Klasse EV, set for 2025 Munich auto show

Comment Now! BMW's first Neue Klasse EV will be a compact crossover in the X3 family, badged as the iX3; Production starts in ...

Top Gear on MSN2h

BMW confirms the first Neue Klasse car – the iX3 – will arrive in September ‘25

And BMW boss Oliver Zipse confirmed der neue Neue Klasse iX3 will be unveiled this September at a motor show in Munich. Soon ...

1d

Want a brand new BMW? Either pay £52k or tell the DWP about your mental health

If you want a brand new BMW i4 M Sport, you have two choices. The first is to lay out the full £52,770. The second is to tell ...

6don MSN

Man held over death of girl on sports pitch released from custody

Poppy Atkinson was fatally struck by a BMW i4 electric car at Kendal Rugby Club in Cumbria on Wednesday afternoon. The ...

Evening Standard on MSN5d

Youth football teams hold minute’s silence for 10-year-old Poppy Atkinson

Poppy Atkinson, 10, was fatally struck by a BMW i4 electric car at a football training session in Cumbria on Wednesday ...

3don MSN

Volkswagen and Stellantis evade Trump's 25% tariffs, while BMW braces for impact

Automakers Volkswagen and Stellantis have confirmed that their vehicles made in North America will be exempt from U.S.

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