Berlin, March 14, 2025 (AFP) - BMW warns on tariffs, China as 2024 profits plunge

NAMPA / AFP
2025-03-14
German premium carmaker BMW warned Friday of continued challenges in 2025 from trade tensions and weak demand in China after reporting a plunge in profits last year. For 2024, the group's net profit fell 37 percent to 7.7 billion euros ($8.3 billion) while revenues were down over eight percent to 142.4 billion euros. The Munich-headquartered group joins other German automakers in reporting sharply lower profits amid a choppy transition to electr......
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SWAKOPMUND, 14 March 2025 - Executive Director of Intergrated Rural Development and Nature Conservation (IRDNC) John Kasaona speaking to NAMPA at the completion of the 360-kilometre walk from Windhoek to Swakopmund on Friday. The walk aimed at raising awareness on human-elephant conflict and advocating for sustainable coexistence between communities and wildlife. (Photo by: Isabel Bento) NAMPA

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