US tariffs threat a headache for foreign automakers

US tariffs threat a headache for foreign automakers

6 years ago
Anonymous $qrGo_Xv_Cm

https://phys.org/news/2018-06-tariffs-threat-headache-foreign-automakers.html

Most of these brands, such as Mercedes and BMW as well as Nissan, Honda and Volkswagen, have at least one auto plant on US soil, where they employ tens of thousands of workers.

These automakers have invested billions of dollars in their US facilities. Toyota and Mazda announced at the start of the year plans to build a $1.6 billion joint facility in Alabama that will be capable of producing 300,000 vehicles a year.

US tariffs threat a headache for foreign automakers

Jun 10, 2018, 9:17am UTC
https://phys.org/news/2018-06-tariffs-threat-headache-foreign-automakers.html > Most of these brands, such as Mercedes and BMW as well as Nissan, Honda and Volkswagen, have at least one auto plant on US soil, where they employ tens of thousands of workers. > These automakers have invested billions of dollars in their US facilities. Toyota and Mazda announced at the start of the year plans to build a $1.6 billion joint facility in Alabama that will be capable of producing 300,000 vehicles a year.