BMW Profits Slump on China Woes, US Tariffs
UPPER BAVARIA, BAVARIA, JUL 31 – BMW's net profit fell 32% in Q2 due to US tariffs and a 14% drop in China sales amid strong local electric vehicle competition, the company reported.
- BMW reported a 32% drop in pretax earnings to €2.6 billion due to currency effects and declining sales in China.
- In 2025, BMW expects US tariffs to impact the automotive segment's profit margin by about 1.25 percentage points.
- Despite the downturn, BMW's finance chief Walter Mertl stated that the carmaker's 'business model remains intact.'
- BMW benefits from a substantial US manufacturing presence that helps mitigate the impact of tariffs, according to CFO Walter Mertl.
Insights by Ground AI
Does this summary seem wrong?
69 Articles
69 Articles
In the second quarter, the car manufacturer BMW experienced the effects of US tariffs and a weak China business. Net profit fell by around 32 percent.
·Hamburg, Germany
Read Full ArticleDonald Trump's customs policy and weak business in China have brought BMW a significant decline in profits. Nevertheless, the Group is optimistic and expects a worldwide rising car market.
·Germany
Read Full ArticleIn the second quarter of 2025, BMW recorded a decline in profit of around one third to EUR 2.6 billion, with sales also shrinking significantly. The operating margin is 6.2 percent below the target, while the Group expects a maximum of seven percent for the full year.
Coverage Details
Total News Sources69
Leaning Left8Leaning Right12Center12Last UpdatedBias Distribution38% Center, 38% Right
Bias Distribution
- 38% of the sources are Center, 38% of the sources lean Right
38% Right
L 25%
C 38%
R 38%
Factuality
To view factuality data please Upgrade to Premium