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BMW expects U.S. tariffs to decrease in July, boosting optimism for their South Carolina plant's future.
BMW expects US car tariffs to drop in July, based on discussions with US officials, offering a more optimistic outlook than competitors amid trade tensions.
The company's South Carolina plant, a major US auto exporter, supports 43,000 jobs and generates $26 billion annually, aiding in tariff negotiations.
Despite tariffs' notable impact on Q2, BMW maintains its forecast, expecting earnings and a 5-7% operating margin similar to 2024 levels.
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BMW espera que los aranceles estadounidenses disminuyan en julio, impulsando el optimismo por el futuro de su planta en Carolina del Sur.