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Tesla, BMW Sue EU
Tesla and BMW sue EU as discontent over Chinese EV tariffs mounts
Both BMW and Tesla have been hit with tariffs by the EU on imports of electric vehicles made in China, along with other Chinese manufacturers such as BYD and SAIC. View on euronews
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.
Tesla, BMW take EU to court over China EV tariffs
Elon Musk's Tesla and German auto giant BMW have challenged EU import tariffs on China-made electric vehicles at the bloc's top court, the European Commission said Monday.
DPA International on MSN
3d
Carmakers take action against EU tariffs on e-cars from China
Carmakers are taking legal action against European Union special tariffs on electric cars from China. In addition to Tesla ...
3d
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.
3d
Tesla, BMW sue EU after China EVs hit by tariffs
Elon Musk’s Tesla and Bayerische Motoren Werke AG (BMW) have sued the European Union’s (EU) executive, adding to a flurry of ...
2d
BMW Expects Full-Year Earnings Margin in Lower Half of 6–7% Target
BMW expects its fourth-quarter pre-tax earnings to be significantly below last year and its full-year margin to be in the ...
AM-online
1d
European car market growth driven by hybrids and Chinese brands
China has become the sixth largest country of origin for new vehicles registered in Europe, according to the latest data from JATO Dynamics.
1d
EU vows 'action plan' for beleaguered auto sector
EU promises 'action plan' to help the bloc's beleaguered auto sector, as it holds talks with industry leaders who have ...
Just Auto
2d
BMW CEO calls for equal EU tariff on US car imports
BMW CEO Oliver Zipse is set to propose that the European Union reduce its tariff on US car imports from 10% to 2.5%.
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