BMW, Stellantis warn on surging costs as recession looms in Germany

BMW iX production Dingolfing — Production of the iX electric SUV is pictured at BMW's factory in Dingolfing, Germany. (www.guenterschmied.com)

By:

Bloomberg

November 04, 2022 04:04 PM

Stellantis has joined BMW in warning that Europe is struggling to cope with surging costs. As a result, consumers in the region are starting to dial back car purchases.

Featured Stories

2025 New York auto show will have strong brand presence, spotlight affordable vehicles

How multiple tariffs can be added to a vehicle, parts that cross U.S.-Canada-Mexico borders

Which vehicles are subject to Trump’s auto tariffs? Check our list

Nissan’s new scalable EV platform to support up to 5 models, including lifestyle pickup

Latest News

Live updates on tariffs: Europe exports to U.S. could drop by 200,000 in 2025

GM, Ford, BMW to feel brunt of extra China tariffs on U.S. imports

Which vehicles are subject to Trump’s auto tariffs? Check our list

How multiple tariffs can be added to a vehicle, parts that cross U.S.-Canada-Mexico borders

Staying current is easy with newsletters delivered straight to your inbox.

See More in Automakers

2025 New York auto show will have strong brand presence, spotlight affordable vehicles

Trump auto tariffs could cut European exports to U.S. by 200,000, study says

U.S. stock futures plunge overnight with Trump team defending tariffs

British government is relaxing EV rules to protect automakers from Trump tariffs

Staying current is easy with newsletters delivered straight to your inbox.