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BMW "not budging" on Mexican plant

Posted on 1/16/17 at 1:46 pm
Posted by TejasHorn
High Plains Driftin'
Member since Mar 2007
10948 posts
Posted on 1/16/17 at 1:46 pm
quote:

For the second time in the span of just one week, the automaker has made it clear: It's building a plant in Mexico, regardless of what Donald Trump thinks.

In an interview with German news magazine Bild published this weekend, Trump said that BMW should reconsider plans to build a $1 billion plant in San Luis Potosí, Mexico. The automaker plans to begin building the BMW 3 Series sedan there in 2019.


quote:

"I would tell them, don't waste their time and money -- unless they want to sell to other countries," he said. "But I would tell BMW if they think they're gonna build a plant in Mexico and sell cars into the US without a 35% tax, it's not gonna happen."


So, Trump is proposing we pay more for our BMWs if they build in Mexico (cuz you know who ends up paying that tax, right?).

Furthermore, this is not even an American company.
And what better way to keep Mexicans in Mexico than them having jobs??

LINK

This post was edited on 1/16/17 at 1:47 pm
Posted by joshnorris14
Florida
Member since Jan 2009
45230 posts
Posted on 1/16/17 at 1:47 pm to
It's a negotiation tactic.
Posted by jamboybarry
Member since Feb 2011
32654 posts
Posted on 1/16/17 at 1:48 pm to
No one wants that overpriced shitty kraut sedan anyway
Posted by texag7
College Station
Member since Apr 2014
37538 posts
Posted on 1/16/17 at 1:49 pm to
quote:

BMW 3 Series sedan there in 2019.



Yuck
Posted by RockyMtnTigerWDE
War Damn Eagle Dad!
Member since Oct 2010
105415 posts
Posted on 1/16/17 at 1:49 pm to
Move to Mexico if you want cheaper BMW's bruh.
Posted by roadGator
Member since Feb 2009
140559 posts
Posted on 1/16/17 at 1:49 pm to
3 series/who cares
Posted by mmcgrath
Indianapolis
Member since Feb 2010
35408 posts
Posted on 1/16/17 at 1:49 pm to
If he continues this after Friday he will be out of the presidency real quick.
Posted by russellvillehog
Member since Apr 2016
9711 posts
Posted on 1/16/17 at 1:49 pm to
I get why trump is doing what he is doing.

But

BMW isn't an American company. They aren't moving from the US to mexico. I just don't see what angle he has here.
This post was edited on 1/16/17 at 1:50 pm
Posted by PaperTiger
Ruston, LA
Member since Feb 2015
22943 posts
Posted on 1/16/17 at 1:50 pm to
I thought this was a given but I guess not.
Posted by imjustafatkid
Alabama
Member since Dec 2011
50527 posts
Posted on 1/16/17 at 1:51 pm to
quote:

BMW isn't an American company. They aren't moving from the US to mexico. I just don't see what angle he has here.


They are building a plant in Mexico specifically to sell cars in the US. Surely you don't think the BMW market in North America is dominated by Mexican purchases.
Posted by Alabamya
Da Ham
Member since Jan 2009
9179 posts
Posted on 1/16/17 at 1:51 pm to
quote:

f he continues this after Friday he will be out of the presidency real quick.



Posted by russellvillehog
Member since Apr 2016
9711 posts
Posted on 1/16/17 at 1:52 pm to
Well they can take a 35% tax if they don't want to build here then.

Trump has said that is fine all along. I agree.
Posted by AbuTheMonkey
Chicago, IL
Member since May 2014
8008 posts
Posted on 1/16/17 at 1:52 pm to
quote:


So, Trump is proposing we pay more for our BMWs if they build in Mexico (cuz you know who ends up paying that tax, right?).

Furthermore, this is not even an American company.
And what better way to keep Mexicans in Mexico than them having jobs??

LINK



It's all a kabuki dance. Trump sings his song, and his supporters lap it up.

Trump knows good and well a few things...

1) Congress has the authority on tariffs, not the President.

2) The BMW plant (and all car plants in Mexico) utilizes a ton of suppliers from the United States. Something like this hurts them badly - a far worse impact than having 5,000 or whatever jobs it would create if they, say, expanded their Spartanburg plant.
This post was edited on 1/16/17 at 1:54 pm
Posted by udtiger
Over your left shoulder
Member since Nov 2006
98872 posts
Posted on 1/16/17 at 1:53 pm to
quote:

They are building a plant in Mexico specifically to sell cars in the US. Surely you don't think the BMW market in North America is dominated by Mexican purchases.


I would suspect this is a BMW-NA plant, specifically for sale in the US market. THAT's his deal.
This post was edited on 1/16/17 at 2:02 pm
Posted by KosmoCramer
Member since Dec 2007
76529 posts
Posted on 1/16/17 at 1:54 pm to
So Germans and Mexicans are going to pay for the wall?


Nice.
Posted by LSUDAN1
Member since Oct 2010
8979 posts
Posted on 1/16/17 at 1:54 pm to
I hope Trump sticks it to them and they shut down but just like higher taxes on cigarettes people will still just have to have them. Good those morons need to pay more for an overpriced ugly vehicle.
Posted by TailgateTiger
Bullard, Texas
Member since Oct 2008
2183 posts
Posted on 1/16/17 at 1:55 pm to
frick BMW...waste of money!
Posted by CubsFanBudMan
Member since Jul 2008
5072 posts
Posted on 1/16/17 at 1:55 pm to
quote:

I just don't see what angle he has here.


His angle is trying to get them to build in the US instead. I'm guessing the 35% tax is on all imports from Mexico, not just US companies that move to Mexico. Is Toyota an American company?

And as far as the tax being passed on to the consumer, that may be true in some cases, but not always. How much will BMW's sales drop if they pass the entire 35% increase to the consumer? In the free market, the consumer will decide if they want to pay the tax, or buy something else. If enough people buy something else, BMW will have to eat some, if not all of the tax.
Posted by Jack Bauers HnK
Baton Rouge
Member since Jul 2008
5714 posts
Posted on 1/16/17 at 1:56 pm to
So where are all the 3 series being built right now? I'm sure BMW was going to lower the price for the cars they already sell in America once they had access to cheap Mexican labor, right? Surely they weren't going to just pocket the increased profit were they?
Posted by MrCarton
Paradise Valley, MT
Member since Dec 2009
20231 posts
Posted on 1/16/17 at 1:57 pm to
quote:

They are building a plant in Mexico specifically to sell cars in the US.


Those cheating mother frickers!!!!!


Dont those assholes know anything about the free market!! FUCCKXKCKCKCKCKX
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