Finance
BMW to absorb tariff costs on some Mexican-built models
Published by Global Banking & Finance Review®
Posted on March 12, 2025
1 min readLast updated: January 24, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on March 12, 2025
1 min readLast updated: January 24, 2026
BMW will absorb tariff costs on Mexican-built models in the U.S., including the 3 Series and 2 Series, until May 1 to protect prices.
(Reuters) -German automaker BMW is telling dealers in the U.S. it will absorb the added cost of new tariffs on its imports from Mexico, at least for the next several weeks, a spokesperson for the company said on Wednesday.
The Wall Street Journal first reported the news.
BMW said it would "price protect" certain Mexican-built models that would be subject to tariffs - the 3 Series sedan and 2 Series coupe - until May 1, WSJ reported , citing a message to the company's U.S. dealers.
A spokesperson for the company confirmed the contents of the report.
Previously, a spokesperson for the company told Reuters that about 10% of BMW's U.S. sales are imported from Mexico.
(Reporting by Chandni Shah and Rajveer Singh Pardesi in Bengaluru; Editing by Chris Reese and Tasim Zahid)
The main topic is BMW's decision to absorb tariff costs on some Mexican-built models in the U.S.
The BMW 3 Series sedan and 2 Series coupe are affected by the tariffs.
BMW will absorb the tariff costs until May 1.
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