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…
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 has been warning about the dangers and drawbacks of a trade war between the US and China (or any other major two parties for that matter) for quite some time now. The German company…
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…
Just recently, we were talking about how BMW remained quite tight lipped about the whole Trump tariff issue and how the Bavarians have been typically diplomatic about the whole thing. And while that may work…
President Donald Trump has again singled out Mercedes and BMW as part of his continued threats to impose protectionist trade measures. In a speech in Pittsburgh, Pennsylvania, Mr. Trump called on the European Union to…
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