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BMW CEO calls for swift implementation of US-EU tariff agreement

ReutersJul 31, 2025 6:40 AM

BERLIN, July 31 (Reuters) - German carmaker BMW BMWG.DE welcomes the European Union's 15% tariff agreement with the United States, CEO Oliver Zipse said on Thursday, calling on both sides to swiftly implement the deal.

"The BMW Group welcomes the fundamental agreement between the European Union and the United States to reduce tariffs on both sides of the Atlantic. It's now important to quickly finalise and implement the agreed measures," Zipse said, according to a transcript of his speech following quarterly results.

The company remains on track with its 2025 targets "despite ongoing tariff uncertainty and fluctuations in the Chinese market", he added.

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