BMW expects €1bn hit to earnings from escalating tariffs
BMW says newly imposed trade tariffs could dent the carmaker's earnings by €1bn (R19.8bn) this year, as escalating trade tensions between China, Europe and the US take a mounting toll on global companies' finances.
14 Mar 13:34 · TimesLIVE
BMW sees €1bn hit from global tariffs as earnings slump
German carmaker BMW said it faced a €1bn hit from global tariffs this year as it reported a slump in annual profits amid weak demand in China.
14 Mar 11:27 · ShareCast
last updated on 15 Mar 13:32