The European Commission has imposed tariffs of up to 45.3% on Chinese-built electric vehicles since last Octobe ...
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 anticipates a slight sales growth in 2025 but warns that earnings will remain flat due to ongoing challenges and rising ...
The German luxury carmaker said net profits tanked by more than a third last year, and warned that 2025 was also likely to be ...
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 posts sharp 2024% decline in profits in 36,9, cuts dividend, but grows electric vehicle sales. Mixed forecast for 2025 ...
German premium carmaker BMW warned Friday of continued challenges in 2025 from trade tensions and weak demand in China after ...
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’s net profits slumped by more than a third in 2024 as weaker demand in China and Germany weighed on the high-end car ...
The EC released its Action Plan to drive innovation, sustainability, and competitiveness in the automotive sector on March 5. The plan reaffirmed the commission’s commitment to the EU-wide zero CO2 ...