BMW USA Shields Mexico-Built Models From Tariffs Until May—What Happens Next?
BMW USA price-protects M2, 2 Series, and 3 Series until May. After May 1, a 27.5% tariff on Mexico-built models could send prices soaring
BMW USA price-protects M2, 2 Series, and 3 Series until May. After May 1, a 27.5% tariff on Mexico-built models could send prices soaring
The MINI Cooper and Aceman EVs will be hit with lower tariffs, from 37.6% to 21.3%, according to the European Commission's draft decision.
%%excerpt%% Despite a looming trade war between the United States and China, BMW remains committed to its Spartanburg, South Carolina plant.
%%excerpt%% The looming trade war between the United States and China threatens to cost BMW 500 million Euros in 2019, due to the loss of SUV sales.
The proposed Chinese 25 percent tariff on imported U.S.-made models could force the German automaker to raise prices on its SUVs built in Spartanburg.Â
BMW says that US imposing additional tariffs up to 20 percent would only hurt more domestic jobs and investments for BMW in the United States
Just recently, we were talking about how BMW remained quite tight lipped about the whole Trump tariff issue and how...
Mr. Trump called on the European Union to “open up the barriers and get rid of your tariffs. And if you don’t, we’re going to tax Mercedes-Benz, we’re going to tax BMW.”