Hyperdrive

BMW Expects to Take €1 Billion Hit From Growing Tariff War

Finished Mini Countryman and a BMW cars in the BMW Group factory in Leipzig.Photographer: Krisztian Bocsi/Bloomberg

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By Joshua Gallu and Oliver Crook

March 14, 2025 at 8:27 AM UTC

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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.