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German carmaker BMW on Thursday urged the European Union and United States to strike a deal to prevent a spiralling trade ...

HiCar, the Chinese tech conglomerate's car mobile app connecting devices with vehicles, into its locally produced new models ...

Berlin, Germany — German automaker BMW warned Friday that it would take a big hit from trade wars between the United States, China and Europe this year, on top of weak Chinese demand ...

BMW anticipates trade tariffs will cost the company 1 billion euros in 2024, impacting its earnings margin. Tariffs, including 25% on steel and aluminium, and import tariffs on BMW vehicles to the U.S ...

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FRANKFURT/WASHINGTON (Reuters) -German carmaker BMW (ETR:BMWG) said on Friday it expected tariffs to cost it 1 billion euros ($1.09 billion) this year, while European officials warned the U.S ...

These figures highlight the financial strain caused by macroeconomic factors and shifting global trade policies. Tariffs played a major role in BMW’s declining earnings. The European Union’s ...

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 ...