BMW warns of a €1bn tariff hit in 2025 as US and EU levies on China-made EVs and North American exports threaten to shake up ...

The American automotive industry is said to have benefitted from the US-Canada-Mexico trade agreement for decades.

The Neue Klasse iX3 entered pre-production in November at BMW's Debrecen, Hungary, plant. It's expected to borrow styling ...

The European Commission has imposed tariffs of up to 45.3% on Chinese-built electric vehicles since last October.

President Donald Trump has said that automakers can avoid his tariffs by simply moving production to American plants. But it’s not that easy. Not by a long shot.

This will be a big year for BMW, introducing a wholly new platform called Neue Klasse which will underpin a raft of models ...

BMW chief executive Oliver Zipse said the company expected a €1 billion euro hit to its 2025 earnings from the newly imposed ...

German carmaker BMW said it faced a €1bn hit from global tariffs this year as it reported a slump in annual profits amid weak ...

BMW anticipates trade tariffs will cost the company 1 billion euros in 2024, impacting its earnings margin. Tariffs, ...

This comes as BMW along with other European carmakers are bracing for impact from US President Donald Trump’s planned 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 ...