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BMW foresees earnings hit

BMW warns of lower than expected autos margin as tariffs hit earnings

BMW forecast on Friday profit margins for its automotive business this year below analysts' expectations, factoring in the impact of U.S. tariffs imposed in recent weeks and anticipating an even more intense trade war.

The Wall Street Journal on MSN · 14h

BMW Expects $1.1 Billion Earnings Hit From Tariffs This Year

The automaker expects earnings to remain flat this year while sales will grow only slightly as a result of global trade tensions and a demand shift in China.

MarketWatch · 1d

BMW Earnings Seen Lower, Guidance in Focus -- Earnings Preview

BMW is expected to report earnings before interest and taxes of 12.18 billion euros, according to a company-compiled consensus. It reported EBIT of 18.48 billion euros for the year-earlier period. At BMW's closely watched automotive segment,

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BMW vows next-gen EV batteries will slash costs and boost range by 30%

With the debut of its first Neue Klasse, or “New Class” EV, in just a few months, BMW is giving us a closer look at the batteries and electric drive systems. BMW revealed new details of its ...

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BMW foresees earnings hit

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