BMW CEO Zipse optimistic on 'manageable' US car tariff agreement
If both sides were to agree on such a mechanism, it could also benefit imports of car parts, according to people familiar with the matter.
'We have an important point because we are the largest car exporter in the US,' Zipse said, referring to the 225,000 cars it exported out of the country in 2024.
Hefty tariffs on car imports to the US have left European carmakers scrambling to respond while hoping for a deal to minimise their impact in talks between Washington and the European Commission.
Sources told Reuters earlier this week that Brussels had proposed a package of measures to ease the pressure, including export and investment credits and mutual reductions in existing tariff rates.
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33 minutes ago
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Text Color White Black Red Green Blue Yellow Magenta Cyan Transparency Opaque Semi-Transparent Background Color Black White Red Green Blue Yellow Magenta Cyan Transparency Opaque Semi-Transparent Transparent Window Color Black White Red Green Blue Yellow Magenta Cyan Transparency Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Dropshadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. Advertisement Next Stay Close ✕ Ad loading These companies are not just disrupting the beverage industry - they represent a blueprint for how innovation leads to growth, and growth leads to jobs. But none of it is possible without a generation of energetic, curious young people, equipped with the tools and mindset to turn ideas into viable businesses. 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