Why BMW’s CEO Called the Auto Industry’s Tariff Concerns ‘Exaggerated’

Trump’s tariffs have taken automakers for a ride so far during 2023. Still, BMW’s CEO Oliver Zipse has remained composed despite analysts projecting that levies will impact the German manufacturer’s 2025 profits by up to $1.7 billion, a figure including losses from the European Union’s 30% ...

No comments

Read more