BERLIN, July 31 (Reuters) - German carmaker BMW
maintained its full-year guidance on Thursday, holding
strong against the threat of U.S. tariffs as the company's
strong manufacturing presence in the country gives it an edge on
competitors.
European carmakers are still digesting a new 15% tariff
agreed between the European Union and U.S. President Donald
Trump, which is lower than the current rate but still poses a
major obstacle to their export-focused business.
Of the deal, BMW said the effects could still only be
represented through assumptions regarding ongoing negotiations
and that its forecast included mitigating measures in response
to increased tariffs.
In 2025, the group expects a tariff-related impact of around
1.25 percentage points on its automotive segment's profit
margin, the company said.
In the second quarter, the EBIT margin in the segment came
in at 5.4%, just missing analysts' forecast for 5.5% in a
company-provided poll, but within its 2025 target range of 5.0%
to 7.0%.