BMW warns no-deal Brexit poses risk to earnings momentum

BMW cars for export parked at a shipping port — BMW says it will try to offset losses caused by a no-deal Brexit by raising prices on cars imported to the UK and any British-made Mini vehicles sold on the continent. (Bloomberg)

By:

Bloomberg

December 16, 2020 01:44 PM

BMW said its full-year earnings will come in at the upper range of its guidance, but warned a no-deal Brexit would cost hundreds of millions of euros.

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