BMW said earnings rose 12 percent in the first quarter even as the war in Ukraine and COVID lockdowns in China disrupted the automaker’s supply chain.
BMW said earnings rose 12 percent in the first quarter even as the war in Ukraine and COVID lockdowns in China disrupted the automaker’s supply chain.
The expected tariff cost is significantly lower than the $4 billion to $5 billion crosstown rival General Motors estimates, which Ford attributes to its higher mix of U.S.-built vehicles.