financetom
Business
financetom
/
Business
/
BMW CEO: potential U.S. import tariffs could even be 'advantage'
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
BMW CEO: potential U.S. import tariffs could even be 'advantage'
Nov 6, 2024 1:37 AM

FRANKFURT, Nov 6 (Reuters) - The United States remains a

key market for BMW regardless of which administration

is in charge, its CEO said, adding the group's local presence

would protect it in case of tariffs on car imports.

Oliver Zipse, speaking to journalists after presenting

third-quarter results, said BMW may even have "more of an

advantage" if there were tariffs "because we have a very, very

large footprint in the USA".

"In this respect, we shouldn't be too nervous about what

might happen."

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
BILL Fiscal Q2 Adjusted Earnings, Revenue Rise; Sets Guidance
BILL Fiscal Q2 Adjusted Earnings, Revenue Rise; Sets Guidance
Mar 11, 2026
05:29 PM EST, 02/05/2026 (MT Newswires) -- BILL Holdings ( BILL ) reported fiscal Q2 adjusted net income late Thursday of $0.64 per diluted share, up from $0.56 a year ago. Analysts polled by FactSet expected $0.56. Revenue for the three months ended Dec. 31 rose to $414.7 million from $362.6 million a year earlier. Analysts polled by FactSet expected...
Brazil's Bradesco sees credit book slowing down in 2026 after in-line Q4 profit
Brazil's Bradesco sees credit book slowing down in 2026 after in-line Q4 profit
Mar 11, 2026
SAO PAULO, Feb 5 (Reuters) - Brazilian lender Banco Bradesco ( BBD ) said on Thursday it expects a slower growth in its credit portfolio this year, citing macroeconomic uncertainties and a more moderate appetite for risk. Bradesco's loan ‌portfolio is expected to grow between 8.5% and 10.5% in 2026, it said in a ​securities filing, down from the 11%...
Voyager Acquisition Corporation Announces Redemption Results in Connection with its Business Combination with  VERAXA Biotech AG
Voyager Acquisition Corporation Announces Redemption Results in Connection with its Business Combination with VERAXA Biotech AG
Mar 11, 2026
BROOKLYN, N.Y., March 11, 2026 (GLOBE NEWSWIRE) -- Voyager Acquisition Corporation ( VACH ) (“Voyager” or the “Company”) today announced that holders of 25,217,315 of the Company's Class A ordinary shares (“Class A shares”) exercised their right to redeem their shares for a pro rata portion of the funds in the Company's trust account, reflecting redemptions of approximately 99.67% of...
Citi announces match program for government contribution to Trump Accounts
Citi announces match program for government contribution to Trump Accounts
Mar 11, 2026
Feb 5 (Reuters) - Citigroup ( C/PN ) will match the U.S. government's initial $1,000 contribution to the proposed Trump Accounts for eligible employees' families, the U.S. lender announced on Thursday. Trump Accounts, created as ‌part of President Donald Trump's One Big Beautiful Bill Act and ​expected to be rolled out on July 4, will ‍see the U.S. Treasury deposit...
Copyright 2023-2026 - www.financetom.com All Rights Reserved