Trump’s duties, which will come into force since April 2, could be painful for BMW, Audi and Porsche competitors
OR Bmw He does not see the need to negotiate a special agreement with the United States to avoid duties on imports, its market leader said, noting the significant presence of the car industry in the country and good relations with US government officials.
The BMW plant in South Carolina is the world’s largest production and major exporter in markets such as China, Germany and Britain. This gives the company the opportunity to restructure production and gain more for the local market, if US President Donald Trump follows the threats to impose duties about 25% on vehicle imports.
‘We are the largest vehicle exporter from the United States’, said the Joachim Post, Speaking to reporters on Monday at an event at the automotive factory in Landshut, Germany to present the new technology in the upcoming EV series “Neue Klasse”.
When asked if BMW was trying to negotiate an exception from the duties, the post said: “I don’t see a situation where we need an agreement.”
Trump’s duties, which could be in force since April 2, could be painful for BMW competitors, Audi and Porsche, Both Volkswagen brands without production in the US
Volkswagen’s chief executive, Oliver Bloomhe told the German television network ZDF earlier this week that his company was contacting Trump officials to remind them of the billions of dollars he has invested in the country. “Companies operating there should have some benefit”, Bloom told ZDF.
‘Technological Opening’
A slower than expected transition to electric cars overturns car manufacturers’ strategies with Mercedes-Benz Announce on Thursday more new models of internal combustion engines than battery electric cars over the next three years to stimulate demand.
BMW reported that the long-term approach to the “technological opening” of the automotive industry, the creation of production lines capable of alternating between internal combustion engine, plug-in hybrid and purely electric cars, yields fruit in this context.
“The US has always been relatively divided over the preferences of the driving system … This will continue”said the BMW executive.
In Europe, where the cost of energy and labor exceeds that of its China and of their USAautomakers, such as Mercedes-Benz and VW passenger cars, make large costs in their domestic markets and carry part of production from northern Europe to Eastern European countries where costs are lower.
However, BMW chose to build basic components for upcoming EV cars “Neue Klasse” in two factories in Germany and Austriawhich have been created with a level of production efficiency that overcars additional costs, the post said.
In Landshut in the south GermanyBMW will produce the so -called “energy master”, a control unit for its new generation of batteries fully produced internally, allowing BMW to provide distance updates through its software.
Her factory in her Steyr Austria It will produce the Neue Klasse electric motor, in the order of production starting at both facilities from the summer of 2025.
Source: Skai
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