BMW chief predicts lower tariffs from July
- BMW CEO Oliver Zipse said the company expects some US car tariffs to decline from July 2025, potentially easing trade tensions.
- The tariffs stem from US President Trump's 25 percent levy on car imports, which aimed to boost American manufacturing but created industry uncertainty.
- BMW operates its largest plant in South Carolina, exporting over $10 billion in vehicles, and has been lobbying officials to reduce tariff impacts.
- BMW reported first-quarter automotive earnings before interest and taxes of 2.02 billion euros, beating analyst forecasts and achieving a 6.9% operating margin.
- BMW maintains its 2025 guidance despite tariff risks and flagged possible supply bottlenecks, while anticipating tariff reductions to support future performance.
12 Articles
12 Articles
BMW keeps 2025 outlook, warns US tariffs will bite in Q2
German premium carmaker BMW has today confirmed its 2025 outlook and said it expected some of US tariffs on car imports to decline from July, but warned the duties will have a "notable" second-quarter impact on its business.
BMW Predicts U.S. Tariffs Will Fall by July Despite Profit Drop
BMW is bracing for a turbulent year, but its leadership is signaling optimism. CEO Oliver Zipse says the company expects a reduction in U.S. auto tariffs by July, despite reporting a sharp 25% drop in first-quarter profits. The prediction comes amid heightened global trade tensions and steep competition in the electric vehicle market—especially in China. Zipse believes the Trump administration’s 25% tariffs on imported cars could soon be rolled …
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