BMW holds firm on 2026 outlook despite tariff threats and China weakness
BMW is standing firm on its ability to weather U.S. tariffs, maintaining its 2026 guidance after beating profit expectations despite ongoing headwinds. The details: The German automaker’s optimism comes alongside mixed financial results, Reuters reported. BMW reported first-quarter pretax earnings of 2.3 billion euros ($2.70 billion), topping analysts’ expectations of 2.2 billion euros. The company’s…