BMW Opens First Mexico Plant

June 7, 2019
BMW recently unveiled its San Luis Potosí factory in Mexico.

June 7, 2019—BMW opened its San Luis Potosí plant in Mexico, one of three plants that BMW is opening to help produce its new global 3 Series platform, according to a report by CNET.

BMW just opened this plant while the Trump administration is currently looking to impose tariffs on Mexican imports.

At the initial level of 5 percent, BMW could likely deal with the increased $2,000-$5,000 in cost. If the tariff escalates all the way to the proposed maximum of 25 percent, that would be an additional $10,000 to $12,000 in cost and would essentially make the San Luis Potosí factory useless for U.S. imports. 

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