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BMW expects 1 billion euro hit to earnings

BMW Expects $1.1 Billion Earnings Hit From Tariffs This Year

The automaker expects earnings to remain flat this year while sales will grow only slightly as a result of global trade tensions and a demand shift in China.

U.S. News Money · 17h

BMW Foresees Earnings Hit as Europe Counts the Early Cost of Tariffs

The EU's trade chief Maros Sefcovic is due to speak with U.S. Commerce Secretary Howard Lutnick and U.S. Trade Representative Jamieson Greer on the spiralling tariff conflict in a call scheduled for 1030 ET (1530 GMT) on Friday.

Quartz on MSN · 14h

BMW says tariffs could deliver a $1 billion hit to earnings this year

BMW on Friday warned that new tariffs could cost it as much as 1 billion euros ($1.09 billion) this year, as tensions heat up between Europe, the U.S. and China.

22h

BMW Net Profit Slumps as Weak China Sales, Brake Problems Plague Earnings

BERLIN (Reuters) - BMW's net profit crashed by over a third in 2024 to 7.68 billion euros ($8.32 billion), in line with an ...

21h

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 ...

BMW Earnings Seen Lower, Guidance in Focus -- Earnings Preview

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 ...

17h

BMW Is Bracing for $1 Billion-Plus of Tariff Pain

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 ...

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