Advertisements
Motoring

BMW commits to new car plant despite car tax warning by Trump

BMW commits to new car plant despite car tax warning by Trump

Advertisements

BMW is committed on spending $1bn on a plant in Mexico, while other firms are investing in the US or moving production back. This is amid all the uncertaintly Donald Trump is causing, with his border taxes. On Sunday Fiat Chrysler Automobiles (FCA) announced a $1bn (£816m) plan to produce three Jeep models in the US.

President-Elect Donald Trump has criticised General Motors for buildings cars for the US market in Mexico. He told GM to make the cars in the US “or pay big border tax!”.

On Sunday, Fiat Chrysler Automobiles, said it will invest $1bn to modernise two plants in Ohio and Michigan and produce three Jeep models on US soil, creating a projected 2,000 jobs.

BMW ‘commits’ to new Mexico car plant despite Donald Trump’s border tax threats. The Guardian

BMW ‘absolutely committed’ to a new Mexican plant. BBC News

Advertisements
Click to comment

You must be logged in to post a comment Login

This site uses Akismet to reduce spam. Learn how your comment data is processed.


The Latest

To Top
%d bloggers like this: