FRANKFURT -- BMW said it would not meet its full-year target of achieving a flat pretax profit and lowered its profit margin guidance for cars, blaming intense price competition in the wake of new emissions rules.
ET
By:
Edward Taylor
September 25, 2018 05:00 AM
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U.S. to reduce tariff rate on most U.K. vehicles to 10% as part of trade framework
A 10% levy will be placed on the first 100,000 British vehicles imported to the U.S. each year. The 10% tariff replaces the 25% levy vehicles have been subjected to since April 3.
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