BMW’s Chief Executive Oliver Zipse believes the 25% US tariffs on foreign-made cars will start rolling back in July 2025.  His optimism comes from ongoing talks happening behind the scenes in Washington.  “The negotiations are moving, developing and being negotiated everywhere,” Zipse said during BMW’s quarterly earnings announcement. The German automaker reported profits of €3.1 billion for the first quarter of 2025 (BMW Group), down 25% from the same period last year. This drop includes about €100 million in costs from EU duties on Chinese-made electric cars. Despite these challenges, BMW’s electric vehicle sales grew by 32% compared to last … Continue reading BMW CEO Predicts 25% US Auto Tariffs Ending July 2025 While Company Reports €3.1B Profit Drop and 32% EV Growth