BMW bears the tariff cost of imported cars from Mexico and opposes the new US tariff policy.

On March 14th, it was reported that BMW recently informed American dealers that it would bear the new tariff cost of importing vehicles from Mexico to the United States in the next few weeks. In early March, the United States imposed a new tariff of 25% on Canadian and Mexican goods, which is currently only applicable to cars that do not meet the rules of the US-Mexico-Canada Free Trade Agreement. The agreement requires that most parts of vehicles should be purchased in North America.

Affected by the agreement, BMW’s 3-Series sedan, 2-Series coupe and M2 high-performance coupe need to be subject to a 25% tariff when imported from Mexico to the United States. These two models account for about 12% of BMW’s sales in the US. BMW said that these vehicles will be "price protected" until May 1, during which the tariff costs will not be passed on to dealers and consumers.

However, BMW also stressed that "if the tariff situation is always maintained, we may need to re-evaluate it afterwards." At present, about 10% of BMW’s car sales in the United States are imported from Mexico. BMW objected to the new US tariffs. BMW previously said: "These tariffs will harm the interests of consumers and make products more expensive and lack innovation."

In addition, related car companies revealed that other affected car brands include Audi, Volvo, Buick and Lincoln.