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BMW expects big hit from tariffs

BMW sees earnings hit from US tariffs as EU warns against escalation

German carmaker BMW said on Friday it expected tariffs to cost it 1 billion euros ($1.09 billion) this year, while European officials warned the U.S. economy would be the biggest loser if President Donald Trump pursues an "idiotic" trade war.

Yahoo Finance · 2d

BMW expects $1 billion hit to earnings from escalating tariffs

STORY: BMW warned its earnings could take a more than $1 billion hit this year.The German carmaker blamed newly imposed tariffs.It comes as trade tensions escalate between China, Europe and the U.S.BMW forecast an earnings margin for its cars segment of 5-7% for the year.

This Is Money on MSN · 2d

BMW faces possible €1bn earnings hit from global tariffs

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

Kronen Zeitung5d

New production lines-bmw

More than 1.187 million combustion engines produced, 4,900 employees, an average of more than 1.6 million euros invested per ...

2don MSN

BMW expects 1 billion euro hit to earnings from escalating tariffs

BMW said newly imposed trade tariffs could dent the carmaker's earnings by 1 billion euros ($1.09 billion) this year, as escalating trade tensions between China, Europe and the U.S. take a mounting ...

Autoblog3mon

The first BMW Neue Klasse test vehicles roll off the production line

BMW's next-generation electric vehicles are still in development, but the German automaker announced the first test models have rolled off the production line. BMW unveiled its next generation ...

2don MSN

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 ...

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