tariffs

Trump’s 25% Tariff on Imported Cars Sends Shockwaves Through Auto Industry

EU Lowers Import Tariff Of Electric MINI Models To 21.3%

EU Lowers Import Tariff Of Electric MINI Models To 21.3%

On July 4, the European Commission announced major import tariffs on electric vehicles manufactured in China. These duties came into effect a day later, on July 5. Per the original plan, the BMW Group’s electric…

BMW committed to Spartanburg SUV Plant despite Trade War

BMW committed to Spartanburg SUV Plant despite Trade War

It’s no secret that the trade war between the US and China is causing a lot of headaches for companies, both foreign and domestic. Due to tariff increases, Ford has recently announced huge losses, Harley…

BMW considers price hikes in China for U.S.-made models

BMW considers price hikes in China for U.S.-made models

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, South Carolina. BMW said in a statement it is “currently calculating related…