BMW expects that handelsspanningen next year kind in the paper. The German automaker takes into account hundreds of millions of euros of extra costs due to import tariffs in the United States and China.
That leaves financial officer Nicolas Peter Monday know in a presentation for investors.
in Addition to import duties is expected BMW pressure on the results due to unfavourable exchange rates and rising commodity prices. There are more stringent environmental requirements on top.
The stricter environmental requirements are forcing the automaker more expensive technology to use, but those higher costs may not always be to customers be passed on. All setbacks to be in 2019, increase to at least 1 billion euros.
BMW warned last month at the presentation of its quarterly figures already for a brake on earnings in the coming quarters. The company saw net profit in the third quarter, with almost a quarter of a drop. The result from car sales halved even.
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