BMW sees no reason to change its plans for Mexico in the wake of U.S. threats to...
SAN LUIS POTOSI, Mexico - BMW sees no reason to change its plans for Mexico in the wake of U.S. threats to slap duties on Mexican imports, a board member of the German carmaker said on Thursday, adding the company sells cars globally despite tariffs placed by most countries on imported vehicles.
The automaker also foresees no immediate change to its investment plans for North America, said Oliver Zipse, BMW board member in charge of production. Still, other automakers have warned that the imposition of punitive duties on Mexican imports could be damaging to the industry, with Toyota Motor Corp saying on Tuesday the proposal could cost its major suppliers $1 billion.
BMW is producing its 3 series at the San Luis plant, which started up in April and has a capacity of up to 175,000 vehicles per year.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
BMW and Jaguar Land Rover to jointly develop electric car componentsBMW and Jaguar Land Rover on Wednesday said they will jointly develop electric m...
Consulte Mais informação »
BMW and Jaguar Land Rover to jointly develop electric car partsBMW and Jaguar Land Rover on Wednesday said they will jointly develop electric m...
Consulte Mais informação »
Jaguar Land Rover, BMW Team Up On New Electric Drive TechnologiesThis particular partnership is not surprising given the number of form BMW executives in leadership at Jaguar Land Rover. JLR CEO Ralf Speth worked at BMW for 20 years before taking his current post.
Consulte Mais informação »
Mexico plans border 'unity' rally, nabs 2 migrant activistsThe rally will be held just two days before U.S. President Donald Trump is set to impose 5% tariffs on Mexican products unless the country prevents Central American migrants from traveling through its territory. President Andrés Manuel López Obrador expressed confidence Thursday that an agreement could
Consulte Mais informação »
Trump’s trade war gobsmacks Mexico and CanadaMexican and Canadian officials spent two years learning how to navigate a fractious U.S. president. Now they’re deploying those lessons to find a way out of Trump’s latest trade flare-up.
Consulte Mais informação »
Can Mexico Beat Trump At His Own Game?Trump wants to play at tariff brinkmanship, assuming that he can bully his way towards squeezing concessions from Mexico and other countries. But, Mexico may now capitalize on an opportunity implement corn tariffs, helping local farmers at the expense of U.S. exporters.
Consulte Mais informação »