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MarketScreener Homepage  >  Equities  >  Xetra  >  BMW AG    BMW   DE0005190003

BMW AG

(BMW)
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U.S. auto tariffs of 25% could cost German economy 6 billion euros a year - DIHK

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05/17/2019 | 04:31am EDT
An employee moves car components in a production line at the Volkswagen plant in Wolfsburg

BERLIN (Reuters) - If the United States imposes further tariffs of 25% on imports of cars and car parts, it could cost the German economy an extra 6 billion euros (5 billion pounds) a year, the managing director of Germany's DIHK Chambers of Commerce said on Friday.

"But ultimately this would not only affect German manufacturers, but also consumers in the United States," Martin Wansleben said in a statement.

U.S. President Donald Trump is expected to delay a decision on imposing tariffs on imported cars and parts by up to six months, three Trump administration officials told Reuters, avoiding opening yet another front in his global trade battles.

(Reporting by Reinhard Becker; Writing by Michelle Martin; Editing by Tassilo Hummel)

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VOLKSWAGEN AG 1.22% 171.44 Delayed Quote.21.90%
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Financials (EUR)
Sales 2019 98 807 M
EBIT 2019 7 230 M
Net income 2019 5 240 M
Finance 2019 15 602 M
Yield 2019 4,52%
P/E ratio 2019 8,49x
P/E ratio 2020 7,11x
EV / Sales2019 0,28x
EV / Sales2020 0,27x
Capitalization 43 595 M
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Mean consensus HOLD
Number of Analysts 31
Average target price 72,50  €
Last Close Price 67,41  €
Spread / Highest target 75,0%
Spread / Average Target 7,55%
Spread / Lowest Target -28,4%
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Managers
NameTitle
Oliver Zipse Chairman-Management Board
Norbert Reithofer Chairman-Supervisory Board
Nicolas Peter Chief Financial Officer
Susanne Klatten Independent Member-Supervisory Board
Manfred Schoch Deputy Chairman-Supervisory Board
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