The American automotive industry is said to have benefitted from the US-Canada-Mexico trade agreement for decades.
BMW anticipates a slight sales growth in 2025 but warns that earnings will remain flat due to ongoing challenges and rising ...
BMW said newly imposed trade tariffs could dent the carmaker's earnings by 1 billion euros ($1.09 billion) this year, as escalating trade tensions between China, Europe and the U.S. take a mounting ...
That kicks off this Friday edition of Critical Materials, our morning roundup of technology and industry news. Also on ...
The automaker expects earnings to remain flat this year while sales will grow only slightly as a result of global trade ...
BMW anticipates a 1 billion euro impact due to U.S. tariffs amidst escalating trade tensions between the U.S. and EU. The ...
According to the company’s data, the largest share of the group's revenue (42.7%) came from the European market, with Asia ...
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 ...
Investing.com - European stock markets steadied Friday, stabilizing after recent losses as investors monitored a potential ceasefire deal for Ukraine, while U.S. President Donald Trump’s trade tariffs ...
Tariffs implemented from Wednesday will shave about 1 percentage point off the margin on earnings before interest and taxes in the auto division, Chief Financial Officer Walter Mertl said. As a result ...