The company said it was engaged in multi-level talks with U.S. policymakers and that its arguments for easing tariffs were being acknowledged.

German premium carmaker BMW on Wednesday confirmed its 2025 outlook, saying it expected some of the tariffs that have been imposed on vehicle imports globally to be temporary and decline from July.

BMW confirmed its full-year guidance and said it expects current tariff increases to be temporary with reductions to come in July, striking a more upbeat tone on its prospects than most peers.Several automakers either suspended their outlooks or added caveats to their annual targets,