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 ...
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BMW warns on tariffs, China as 2024 profits plunge
German premium carmaker BMW warned Friday of continued challenges in 2025 from trade tensions and weak demand in China after ...
BMW Sees Tariffs, China Slump Weighing on Carmaking Profit
BMW AG’s carmaking profits will lag well below its long-term targets this year, weighed down by escalating trade tensions between the US and Europe and muted sales in China. The German manufacturer ...
BMW expects 1 billion euro hit to earnings as tariff war escalates
BMW expects trade tariffs to cost the carmaker 1 billion euros ($1.09 billion) this year, its CEO said on Friday, factoring in EU duties on its China-made EV and newly imposed U.S. tariffs which are ...
BMW Warns Of $1 Billion Hit From Tariffs, Slashes Outlook Due To Supply Woes
BMW reports 2024 revenue decline of 8.4%. Automotive revenue down 5.6%, motorcycle revenue up 0.2%. Net profit decreases, trade war and tariffs impact.
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 ...
Ridiculous ‘Chinese Mint’ crypto scam, Japan dives into stablecoins: Asia Express
The totally nonsensical "official Chinese Mint crypto" scam, Japan dives into stablecoins, Bithumb chair vindicated: Asia ...