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BMW maintains 2025 outlook but warns of “notable” Q2 impact

BMW is the first automaker to predict that the Trump administration will soften its tariffs from July 2025 onwards. By Stewart Burnett

BMW has reaffirmed its 2025 financial outlook, forecasting earnings before tax at 2024 levels and an operating margin of 5-7% for its automotive segment. At the same time, the German automaker warned of a "notable" Q2 impact from US tariffs; Chief Executive Oliver Zipse has also become the first to predict that the Trump administration will soften its levies from July onwards.

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