Tag Archives: Trump tariffs and taxes

BMW Group Opens Plant in San Luis Potosi, Mexico

Posted on 6 June 2019 by Ken Zino

Well starting four days from now prices will likely include a 5% tariff decreed by President Trump that increases by 5% each month until it stops – so far – at 25%. Every BMW Group vehicle today already contains at least one part from one of our 220 Mexican suppliers.   Continue reading →

Posted in economy, manufacturing, people | Tagged , , , , , , , | Leave a comment

Trump Tariffs on Mexico – Job Destroying Taxes on Workers

Posted on 5 June 2019 by Ken Zino

Ultimately, prices on models imported from Mexico could increase by $8500. Factoring in parts for assembly in the US, the average price of all vehicles sold in the US could rise by as much as $2,500-3,000. the substantial increase could lower sales by 500,000-1.5 million units annually. Continue reading →

Posted in AutoInformed Editorial, economy, news analysis | Tagged , , , , , , | 2 Comments