From Yahoo Finance: 2025-05-07 01:31:00

BMW anticipates a decrease in U.S. car tariffs starting in July, based on discussions with U.S. officials. The company remains optimistic about trade conditions, reaffirming its 2025 outlook. However, it warns of a significant impact on second-quarter results due to tariffs imposed by President Trump. BMW’s largest plant is in the U.S., supporting 43,000 jobs and contributing over $26 billion annually. The company is engaged in talks with U.S. policymakers to address tariffs, with hopes for changes in July. BMW’s 2025 forecast remains intact, with earnings and operating margin targets set. Despite uncertainty in U.S. trade policy, BMW’s decision to uphold guidance was well-received by the market. The company’s shares rose after reporting strong first-quarter earnings and operating margin, exceeding analyst expectations. BMW acknowledges potential risks from tariffs and supply chain disruptions in its 2025 outlook.



Read more at Yahoo Finance: BMW expects car tariffs to fall from July in upbeat take on trade war