BMW warns on tariffs, China as 2024 profits plunge
German premium carmaker BMW warned Friday of continued challenges in 2025 from trade tensions and weak demand in China after reporting a plunge in profits last year. The Munich-headquartered group joins other German automakers in reporting sharply lower profits amid a choppy transition to electric vehicles and slowing demand in key market China.
14 Mar 08:22 · YEN.com.gh