BMW warns of €1B loss due to escalating trade tariffs
Renowned automaker BMW has projected a whopping €1 billion hit to earnings for the year 2024. The company's CEO Oliver Zipse blamed the forecast on rising trade tariffs, including EU duties on its China-manufactured electric vehicles (EVs) and newly imposed US tariffs.
Prior to the launch of the 2024 BMW i4 Gran Coupe xDrive40, the only way to get BMW’s electric fastback and all-wheel drive was to pony up for the more performance-focused M50 variant. However, that ...
BMW is preparing a massive redesign of its mid-size sedan with Neue Klasse vibes, something we've already seen on a BMW M5 ...
BERLIN] BMW’s net profit slumped by over a third in 2024 to 7.68 billion euros (S$11.13billion), in line with market ...
This is where the value of a long-term test comes in, and that I'm glad to say is what I'm embarking on with the 2024 BMW iX xDrive50 that you see here. I'll be chiming in every few weeks to ...
BMW added an all-electric model to its 5 series sedan lineup. The 2024 BMW i5 shares a platform with the gasoline versions of the 5 series making it a true sports sedan, minus the exhaust.
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