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At Close: Jan 03, 2025
BMW shares flat after German carmaker warns of trade war impact on margins
04:11am, Friday, 14'th Mar 2025
BMW AG (ETR:BMW) shares were flat in early trading in Frankfurt on Friday after the carmaker warned that profit margins would take a hit from US tariffs and escalating trade tensions. The company exp
BMW Expects Flat Earnings This Year as Headwinds Continue
03:22am, Friday, 14'th Mar 2025
BMW expects to report slight sales growth this year but said earnings would remain flat as it faces headwinds from continuing challenges in China and costs related to tariffs and its supply chain.
BMW says U.S. tariffs to dent autos earning margin by one percentage point
03:07am, Friday, 14'th Mar 2025
BMW's Chief Financial Officer said on Friday that the added tariffs on U.S. imports imposed up until March 12 would reduce its earnings margin in the autos segment by one percentage point, according t
BMW posts 37% drop in annual net profit, warns of 'subdued' Chinese demand
02:52am, Friday, 14'th Mar 2025
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 manufacturer.
BMW net profit slumps as weak China sales, brake problems plague earnings
02:37am, Friday, 14'th Mar 2025
BMW's net profit crashed by over a third in 2024 to 7.68 billion euros ($8.32 billion), in line with market expectations, after a combination of weak sales in China and Germany as well as delivery hol
BMW to absorb tariff costs on Mexican-built 3 Series sedans, WSJ reports
04:22pm, Wednesday, 12'th Mar 2025
German automaker BMW is telling dealers in the U.S. it will absorb the added cost of new tariffs on its imports from Mexico, at least for the next several weeks, the Wall Street Journal reported on We
Volkswagen and Stellantis evade Trump's 25% tariffs, while BMW braces for impact
09:54am, Monday, 10'th Mar 2025
Last week, it was announced that President Donald Trump's new 25% tariffs on Mexico and Canada would exempt vehicles that comply with the USCMA trade deal. German carmaking giant Volkswagen told CNBC
VW may avoid 25% Trump tariff, but BMW faces trade levy
04:20pm, Thursday, 06'th Mar 2025
Volkswagen said Thursday that its vehicles made in North America comply with the United States-Mexico-Canada Agreement (USMCA), meaning they will likely avoid being subject to the 25% tariffs U.S. Pre
Tesla defies European slump in February as UK sales remain strong ahead of tax hike
09:39am, Wednesday, 05'th Mar 2025
After reporting dismal sales in Europe for January, Tesla’s Model 3 and Model Y remained highly popular in the UK in February, ranking among the top three best-selling car models of the month.Accord
BMW says it will review timing of electric Mini production in UK
12:23pm, Saturday, 22'nd Feb 2025
BMW said on Saturday it is rethinking its timetable for manufacturing all-electric Mini cars in Britain, citing uncertainties facing the industry.
BMW sees no need for special deal to avoid US tariffs, executive says
06:06pm, Thursday, 20'th Feb 2025
BMW does not see the need to negotiate a special deal with the United States to avoid import tariffs, its chief purchasing officer said, pointing to the carmaker's sizeable presence in the country and
Struggling Europe automakers have no choice but to 'take the situation as it is': Analyst
11:40am, Tuesday, 11'th Feb 2025
Horst Schneider of BofA Global Research discusses the struggles faced by Europe's auto sector due to the increasing Chinese competitiveness, made worse by potential Trump tariffs. Meanwhile he highlig
The Tesla Model S Was My Dream Car, But These 20 Factors Changed My Mind
08:30am, Monday, 10'th Feb 2025
Since the Tesla Model S was released, it has wowed worldwide with its giant touchscreen, fast performance, self-driving, and oh-so-much storage (the frunk!). The reality is that owning a Tesla has gon
BMW CEO proposes cutting EU tariff on US vehicle imports to 2.5%
12:02pm, Tuesday, 28'th Jan 2025
BMW will propose this week that the European Union lower its tariff on U.S. car imports to 2.5% from 10%, in line with the current U.S. import tariff, the German automaker's CEO Oliver Zipse said on T
BMW expects full-year earnings margin in lower half of 6-7% target
08:24am, Tuesday, 28'th Jan 2025
BMW expects its earnings before taxes in the fourth quarter to be significantly below last year and for its full-year margin to be in the lower half of its 6-7% target, according to slides posted on t
