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Manufacturing

BMW opens first Mexico plant as Trump tariff standoff builds

BMW's new $1 billion assembly plant in Mexico -- with a maximum capacity of 175,000 vehicles a year -- is expected to account for one-fifth of the automaker’s annual North American output. (REUTERS)
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By:
GABRIELLE COPPOLA and ANDREA NAVARRO
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By:
Bloomberg
|
June 06, 2019 04:34 PM

MEXICO CITY/NEW YORK -- BMW Group executives opened the automaker’s first Mexican assembly plant extolling its value for the coming years, just a week after President Donald Trump made a fresh tariff threat on Mexican goods.

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