BMW signals €1bn tariff hit on 2025 earnings
BMW chief executive Oliver Zipse said the company expected a €1 billion euro hit to its 2025 earnings from the newly imposed US tariffs and EU duties on its China-made electric vehicles. Its profits are expected lag well below its long-term targets this year.
BMW Says U.S. Tariffs to Hit Auto Segment Profitability
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, the company's EBIT margin is now expected at between 5% and 7%.
The German luxury carmaker said net profits tanked by more than a third last year, and warned that 2025 was also likely to be ...
German carmaker BMW Group's annual net profit dove 36.9 percent in 2024, amid "continuing subdued demand in the Chinese ...
BMW anticipates a slight sales growth in 2025 but warns that earnings will remain flat due to ongoing challenges and rising ...
REVENUE FORECAST: Analysts expect the German luxury-car maker to report 2024 revenue of 147.71 billion euros ($160.83 billion), according to consensus figures compiled by the company and based on ...
BMW is a German luxury car and motorbike manufacturer and current owner of Mini, Rolls-Royce, and Alpina. With roots dating back to 1913 as Rapp Motorenwerke, it officially became Bayerische ...
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