bmw mexico

BMW not changing plans for Mexico despite tariff threats

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 the North American region, said Oliver Zipse, BMW board member in charge of production.

Zipse was in the central Mexican city of San Luis Potosi for the inauguration of a $1 billion BMW plant.

Still, other automakers have warned that . . .