BMW Sees Tariffs

BMW net profit slumps as weak China sales, brake problems plague earnings
BMW's net profit crashed by over a third in 2024 to 7.68 billion euros ($8.32 billion), in line with an LSEG forecast, after a combination of weak sales in China and Germany as well as delivery hold-ups because of problems with a brake dented performance.
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 muted sales in China and escalating trade tensions between the US and Europe. The German manufacturer expects an automaking margin of between 5% and 7% this year,
BMW warns on tariffs, China as 2024 profits plunge 37pc
German premium carmaker BMW warned today of continued challenges in 2025 from trade tensions and weak demand in China after reporting a plunge in profits
BMW profit to lag as tariffs and China slump threaten luxury car maker
BMW is facing another difficult year as it grapples with declining sales in China, where local electric-vehicle producers led by BYD are taking over. Picture: Bloomberg
BMW warns of profit hit from tariffs
BMW has reported a 36 per cent fall in profits last year following weak demand in China and a global recall of cars and has warned it expects earnings will remain at a similar level this year because of new European and US tariffs.
BMW faces profit decline as tariffs and China slowdown hit sale
BMW’s (ETR: BMWG) profitability faced challenges in 2024, as evidenced by an 8.4% revenue decline to €142.4 billion. The automaker of Friday said that factors
BMW Says U.S. Tariffs to Hit Auto Segment Profitability
Tariffs implemented from Wednesday will shave about 1 percentage point off the margin on earnings before interest and taxes in the auto division, Chief Financial Officer Walter Mertl said. As a result, the company's EBIT margin is now expected at between 5% and 7%.
BMW Expects to Take €1 Billion Hit From Growing Tariff War
BMW AG expects escalating trade conflicts between the US, Europe and China to cost the carmaker about €1 billion ($1.1 billion) this year, Chief Executive Officer Oliver Zipse said.
BMW Expects Flat Earnings This Year as Headwinds Continue
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 net profit dips on weaker China sales & delivery setback in Germany
BMW's net profit crashed by over a third in 2024 to 7.68 billion euros ($8.32 billion), in line with an LSEG forecast, after ...
Zeekr, Geely’s premium EV unit, set to take on BMW, Mercedes in China’s SUV segment
Chinese electric vehicle (EV) maker Zeekr Intelligent Technology will unveil a luxury model next month, targeted at luring ...
RTÉ Ireland2h
BMW's profit slumps as weak China sales, brake problems plague earnings
BMW's net profit slumped by over a third in 2024 to €7.68 billion, in line with market expectations, after weak sales in China and Germany as well as delivery hold-ups, because of problems with a ...