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 ...
BMW warns of $1 billion earnings hit from escalating tariffs
BMW has warned that newly imposed tariffs will cost the company approximately €1 billion ($1.09 billion) this year as global ...
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 ...