Core Insights - BMW Group reported significant pressure on profitability due to U.S. tariffs, with a projected decline in EBIT margin for the automotive business by 1.5 percentage points for the year [1] Financial Performance - For the first nine months of the year, BMW's EBIT was €8.06 billion, a year-on-year decrease of 16.2% [1] - Revenue decreased by 5.6% to approximately €100 billion [1] - Net profit fell by 6.8% to €5.7 billion [1] Impact of Tariffs - The U.S. tariffs have led to a 1.75 percentage point decline in the EBIT margin for the automotive business in Q3 [1] - The expected free cash flow for the year has been revised down from over €5 billion to over €2.5 billion due to tariff impacts [1] Industry Trends - Other German automakers have also reported profit declines, attributing significant impacts to U.S. tariffs [1] - Volkswagen reported a 58% year-on-year decrease in operating profit for the first nine months, with potential losses from U.S. tariffs reaching €5 billion for the year [1] - Mercedes-Benz Group's net profit halved in the first three quarters, citing U.S. tariff policies as a source of uncertainty for performance [1]
【环球财经】宝马集团：美国关税致公司盈利承压