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 ...
German automaker BMW warned Friday that it would take a big hit from trade wars between the United States, China and Europe ...
Police are searching for four suspects involved in a smoke shop robbery that also led to a pursuit across two counties late Thursday night. The events began around 11 p.m. when the two victims ...
The German luxury carmaker said net profits tanked by more than a third last year, and warned that 2025 was also likely to be ...
New tariffs could cost BMW upwards of a billion dollars. On Friday, the last of Europe’s big automakers to report results became the first to quantify the impact of higher import duties on its ...
The German manufacturer expects an automaking margin of between 5% and 7% this year, after the measure fell to 6.3% in 2024, ...
According to the company’s data, the largest share of the group's revenue (42.7%) came from the European market, with Asia (32.7%) and North and South America (22.4%) in second and third place ...
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 ...
US president Donald Trump has kicked trading tensions up a notch by threatening tariffs on EU alcohol, even as ECB president Lagarde warns that an escalating trade war could have severe global ...
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 ...
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