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The corporate updates come shortly after Trump imposed a 25% tariff on automotive imports into the U.S. earlier in the month.
The economy today is truly global. Tariffs would be great if the U.S. were the only source of certain goods, but we’re not.
In a March 2025 interview with CNBC, Ferrari CEO Benedetto Vigna said ... the average age of a Mercedes buyer is 55.7 years old, and BMW customers hover around the average age of 54.3 years ...
U.S. ride-hailing firm Lyft on Wednesday announced that it's buying European taxi app FreeNow in a 175 million euro ($199 million) deal. The company said that the acquisition — Lyft's first in Europe ...
While most stories about price increases in the past few weeks have been US-based, yesterday’s PlayStation 5 price hike announcement from Sony only applies to the UK, Europe, Australia, New ...
“For Ford, GM, Toyota, BMW, every car that’s sold in the United States, you’re going to want parts for that,” said Jack Perkowski, founder and managing partner of Beijing-based merchant ...
Afterward, CNBC’s Steve Liesman was unimpressed by the developments. “I mean, look, you can say this is a relief, but there’s another 90 days of uncertainty to come, which is worth it and ...
BMW Manufacturing Co. has responded to White House Senior Trade Advisor Peter Navarro’s comments about its business operations. Navarro mentioned the plant during an interview on CNBC while ...
Viewership of Fox Business and CNBC has soared since President Trump’s tariffs created chaos in the global economy. By Michael M. Grynbaum and John Koblin The plunge in the financial markets has ...
The 2026 BMW iX xDrive60 has an EPA range rating of 364 miles. That's one mile more than the longest-range Tesla Model 3. The BMW i5 sedan also gets slightly more range for the 2026 model year.
"BMW and Mercedes are among the top exporters ... equity analyst at Morningstar, told CNBC by email. She added that both companies could face double tariffs on vehciles manufactured in Mexico ...
The three-row gasoline-powered XT6 will soon be discontinued, according to an internal memo sent to plant employees and confirmed by the company for CNBC. The three-row electric Vistiq should play ...