BMW could shift more SUV production to China due to tariffs

BMW could shift more SUV production to China due to tariffs

6 years ago
Anonymous $L9wC17otzH

https://www.cnet.com/roadshow/news/bmw-crossover-suv-production-china-tariffs/

"If the tariffs undermine the competitiveness of BMW production and sales in the US, the result could be strongly reduced export volumes with negative effects on investments and jobs in the US," BMW spokesperson Kenn Sparks told Automotive News.

The Trump administration's tariffs are expected to reduce BMW's 2018 earnings by around $344 million, according to the report.

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