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Tesla, BMW sue EU
BMW, Mercedes-Benz, and Tesla Join the Complaint Against Tariffs on Chinese Electric Cars
The lawsuit filed last week by BYD, Geely, and SAIC in the EU courts could last up to a year and a half. Tariffs on electric cars manufactured in China continue to gather opponents. If less than a week ago the three major Chinese manufacturers Geely,
Tesla, BMW sue EU after China-made EVs hit by tariffs
The EU imposed anti-subsidy tariffs of 7.8% on Tesla on top of the 10% levy. BMW’s imports were hit with a 20.7% duty. The firm was hit because its electric Mini Cooper and the 100% electric Mini Aceman are made in China, according to car website Autogear.
BMW Teams Up With Chinese EV Makers To Fight EU Tariffs In Court
BYD, Geely, SAIC and BMW are challenging the EU’s decision to apply up to 35.3 percent tariffs on cars entering the region
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on MSN
BMW Sees Auto Margin at Low End of Guidance on Weak Sales
BMW AG said its 2024 automaking profit margin will be at the lower end of guidance after sales of its premium cars fell.
Hosted on MSN
1d
BMW CEO calls for equal EU tariff on US car imports
Trump has not yet executed the range of tariffs he had indicated, he maintains that they remain a possibility, ...
2d
BMW expects full-year earnings margin in lower half of 6-7% target
BMW expects its earnings before taxes in the fourth quarter to be significantly below last year and for its full-year margin ...
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