BMW Stock News

European carmakers are trying to work out how much their prices might have to rise in response to looming U.S. import tariffs, industry sources said, fearing any first-movers could risk a backlash from U.S. President Donald Trump.

BMW remains an attractive investment despite new US tariffs, thanks to its strong brand, premium pricing power, and balanced ICE/BEV strategy. The company's preference shares offer a 5.9% yield and trade at a low valuation, making them a compelling entry point. Tariffs will increase costs and prices, but BMW's strategic responses and historical management excellence mitigate long-term impacts.

Trump's 25% auto tariff shook markets, hitting stocks and sparking fears of a global trade war. UAW backed the move, while Tesla and foreign automakers warned of higher costs and job risks.

Tesla stock was rising in premarket trading Thursday, which looked set to be a bad day for the autos sector.

What matters in U.S. and global markets today

German carmaker BMW on Thursday urged the European Union and United States to strike a deal to prevent a spiralling trade conflict, in a statement issued in response to President Donald Trump's announcement of new car tariffs.

The global heads of German automakers BMW and Mercedes , as well as chip giant Qualcomm are among foreign business leaders due to meet with Chinese President Xi Jinping this week, two sources said on Thursday.

Tesla TSLA-5.58% stock was falling in early trading on Thursday—which looks set to be a bad day for the autos sector.