
BMW to Cover Tariff Costs for Cars Built in Mexico Through May 1
4 days ago · BMW is planning to eat the cost of the Trump administration's tariffs on cars built in Mexico—but only through May 1. The automaker currently imports the 3-series sedan, 2-series coupe, and M2 ...
What BMW's New Tariff Situation Means for Car Buyers
3 days ago · BMW of North America recently issued an important statement regarding the implementation of new tariffs on vehicles imported from Mexico. This development could significantly impact consumers looking to purchase certain BMW models in the coming months. Here's what you need to know if you've been eyeing a new BMW.
Trump Tariffs: 39 Car Models Most Likely to Get More Expensive ...
Mar 4, 2025 · President Donald Trump's tariffs enacted Monday could increase the sticker price of at least 39 car models sold in the US. The tariffs affect not just foreign automakers but many domestic...
BMW USA Shields Mexico-Built Models From Tariffs Until May ... - BMW …
4 days ago · However, starting May 1, 2025, any Mexico-produced BMW models arriving in the U.S. could face a new total import duty of 27.5%, up from the previous 2.5% tariff, since the Mexico tariffs started ...
BMW to absorb tariff costs on some Mexican-built models
4 days ago · BMW said it would "price protect" certain Mexican-built models that would be subject to tariffs - the 3 Series sedan and 2 Series coupe - until May 1, WSJ reported , citing a message to the ...
Volkswagen, BMW make preparations in response to US tariffs …
3 days ago · Volkswagen is working on back-up plans for how its passenger car brand could tackle U.S. tariffs on imports from Mexico, while BMW is preparing to absorb the cost, as the auto industry reels from ...
BMW expects big hit from tariffs after 2024 profits plunge
3 days ago · Finance chief Walter Mertl said at the presentation of BMW's annual results that US tariffs on steel and aluminium, in place since Wednesday, would hit the group's profit margins. CEO Oliver Zipse put the total cost of tariffs -- including European Union levies on cars imported for China -- at one billion euros ($1.08 billion) in an interview ...
BMW expects 1 billion euro hit to earnings from escalating tariffs
2 days ago · BMW said newly imposed trade tariffs could dent the carmaker's earnings by 1 billion euros ($1.09 billion) this year, as escalating trade tensions between China, Europe and the U.S. take a ...
BMW to shoulder tariff costs on select Mexican-made vehicles for …
3 days ago · BMW has made a formal announcement about covering newly introduced US tariffs that apply to its Mexican-imported vehicles. The company sent its announcement to American dealerships to reduce short-term financial challenges created by the new trade tariffs for both customers and dealers. According to ...
BMW Expects to Take €1 Billion Hit From Growing Tariff War
2 days ago · BMW AG expects escalating trade conflicts between the US, Europe and China to cost the carmaker about €1 billion ($1.1 billion) this year, Chief Executive Officer Oliver Zipse said.
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