BMW will lose more than a billion euro due to trade wars

This was stated by the head of the company Oliver Cipse, and this is a “conservative” forecast, writes Reuters. If the disagreements between the USA, Europe and China are aggravated, losses may be even greater. The barriers have not yet entered into force in force, but they already affect the market: consumers buy less, and investors invest less.

Cipse said that BMW expects a decrease in profit in 2025 by one billion euros (1.09 billion dollars). The most sensitive blow to the Bavarian company will be inflicted on the recently introduced duties of the United States and the EU on Chinese -made electric cars.

The new measures of US President Donald Trump are added to the fire. So, on April 2, he is going to introduce a 25 percent duty on cars from Mexico, where BMW has an enterprise in San Luis-Potoshi. However, the company top managers do not expect tariffs to remain in force throughout the year.

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BMW, like a number of other European auto giants, already falls profit. Last year, the decrease amounted to 37 percent, and forecasts for 2025 have not yet been inspired.

The company delivered less than 2.5 million cars around the world. The largest market remains China, which accounted for 29.2 percent of the sold cars. In second place is the United States with 16.3 percent. Germany with a 10.8 percent share took third place.

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