At what BMW describes as a constructive working meeting with representatives of the U.S. administration at the White House yesterday, “the BMW Group explained in detail the extent of its footprint in the USA. The mandate to talk about international trade politics rests solely with the relevant political institutions.”
Buried at the bottom of the release was the following threat clearly aimed in AutoInformed’s view at President “tariff” Trump and his own trade bluster and politically-motivated policies that are threatening US jobs as he runs up huge deficits by giving tax breaks to the very wealthy who buy European cars, not build them here.
“As communicated recently, the BMW Group is considering setting up a second site for power trains in the United States. With our plant in Spartanburg and the new plant in Mexico coming on stream in summer 2019, we will increase our production in North America. We will therefore in future have the scale where a step like this may make business sense. As of today, no decision has been taken on this topic.” Continue reading