BMW X5 and X6 Forum 2014-Current
BMW Garage BMW Meets Register Search Today's Posts Mark Forums Read

Go Back   BMW X5 and X6 Forum (F15/F16) > BIMMERPOST Universal Forums > General BMW News and Cars Discussion

Post Reply
 
Thread Tools Search this Thread
      08-07-2018, 06:34 PM   #45
Law
Global Moderator
Law's Avatar
United_States
6377
Rep
2,309
Posts

Drives: E90 M3 6MT
Join Date: Jan 2009
Location: USA

iTrader: (1)

Garage List
2011.5 BMW M3  [10.00]
2004 BMW M3  [10.00]
Quote:
Originally Posted by Germanauto View Post
Look at all these economic experts here.

Fact is that nobody, not even God, know what the long-term implications of these tariffs will be. Only time will tell. BMW building a few X5s abroad is not a marker for the entire economy.
See, that's the thing though.
It shouldn't even take a PhD in Economics to be able to grasp this concept.
Businesses will follow the money, it's basic Economics 101, not rocket-science.
Create a hostile environment for businesses and they will either fold or take their money elsewhere.

Okay so you see today's article as small potato stuff.
So a few more X5's are gonna be built abroad instead of the US, right?
But really, it's not that simple.

Today's article is about only one company, BMW.
When you zoom-out and look at the big picture, the tariff war is affecting virtually every single global business that involves import-export.
And then, with each business & industry there is a specific supply-chain, where one hiccup affects the entire thing, kind of like dominoes.

Every single step from the original extraction of the raw material in the earth, to forming it into a shape, to its integration into a component, to its installation into the final consumer product...all the way until it reaches its distribution network and finally the customer...Anywhere along the line where there is an impediment to the "flow", that affects everything after.

Even a small change in cost (for whatever reason) of a small component, part, or material, can affect the larger industry as a whole and every company in between (as well as those employed there), as in evanevery 's example.

Now, BMW, like every company, is profit-driven.
It will utilize the most of its resources to minimize cost and maximize profit.
Right now, there is situation where BMW products (i.e., X5) can potentially be noncompetitive/less profitable because tariffs have increased the cost of getting the USA manufactured BMW vehicle to its distribution network (i.e., dealers in China).

Solution? Well, the plant in Thailand was already planned for in 2016, but BMW is a global company and when the government of a certain country makes it difficult or economically unfeasible to do business, then they will simply reallocate resources from said country to a different country, USA to Thailand, in this case.
So now, that's one more thing the US economy just lost out on. Yeah the US economy loses money on the exporting of "a few X5s" but mind you, this is not the only US product that the tariffs affect.
Only time will tell to what degree the reallocation entails, but you'd be hard-pressed to find any company retaining the same number of factory workers at the same pay to stare at dormant machines when the volume of production slows down.
__________________
2011.5 E90 ///M3 | 6-Speed Manual | Slicktop | Jerez Black | Fox Red

E9x M3 Press/Media Archives Thread | S65-based Racing Engines Thread
Appreciate 2
SNAGuy91.00
Laki021366.50
      08-07-2018, 06:40 PM   #46
MacOSR
Private First Class
203
Rep
185
Posts

Drives: 16 X5M, 18 M550, 21 M5C, 23 M8
Join Date: Aug 2013
Location: Canton, Ohio

iTrader: (0)

Quote:
Originally Posted by Law View Post
See, that's the thing though.
It shouldn't even take a PhD in Economics to be able to grasp this concept.
Businesses will follow the money, it's basic Economics 101, not rocket-science.
Create a hostile environment for businesses and they will either fold or take their money elsewhere.

Okay so you see today's article as small potato stuff.
So a few more X5's are gonna be built abroad instead of the US, right?
But really, it's not that simple.

Today's article is about only one company, BMW.
When you zoom-out and look at the big picture, the tariff war is affecting virtually every single global business that involves import-export.
And then, with each business & industry there is a specific supply-chain, where one hiccup affects the entire thing, kind of like dominoes.

Every single step from the original extraction of the raw material in the earth, to forming it into a shape, to its integration into a component, to its installation into the final consumer product...all the way until it reaches its distribution network and finally the customer...Anywhere along the line where there is an impediment to the "flow", that affects everything after.

Even a small change in cost (for whatever reason) of a small component, part, or material, can affect the larger industry as a whole and every company in between (as well as those employed there), as in evanevery 's example.

Now, BMW, like every company, is profit-driven.
It will utilize the most of its resources to minimize cost and maximize profit.
Right now, there is situation where BMW products (i.e., X5) can potentially be noncompetitive/less profitable because tariffs have increased the cost of getting the USA manufactured BMW vehicle to its distribution network (i.e., dealers in China).

Solution? Well, the plant in Thailand was already planned for in 2016, but BMW is a global company and when the government of a certain country makes it difficult or economically unfeasible to do business, then they will simply reallocate resources from said country to a different country, USA to Thailand, in this case.
So now, that's one more thing the US economy just lost out on.
Only time will tell to what degree the reallocation entails, but you'd be hard-pressed to find any company retaining the same number of factory workers at the same pay to stare at dormant machines when the volume of production slows down.
Or when one country imposes a 25% tariff on the “import” of the US manufactured X5 you’ll build a plant in that country and shift manufacturing to avoid the 25% tariff.

BUT, is it then less expensive to build the X5 there and do more vehicles get produced in Thailand and shipped to Europe?

Again, just like we’re all saying...it’s not so simple and everyone has an opinion on what they THINK will be the outcome.
Appreciate 0
      08-07-2018, 06:42 PM   #47
Law
Global Moderator
Law's Avatar
United_States
6377
Rep
2,309
Posts

Drives: E90 M3 6MT
Join Date: Jan 2009
Location: USA

iTrader: (1)

Garage List
2011.5 BMW M3  [10.00]
2004 BMW M3  [10.00]
Quote:
Originally Posted by MacOSR View Post
Or when one country imposes a 25% tariff on the “import” of the US manufactured X5 you’ll build a plant in that country and shift manufacturing to avoid the 25% tariff.

BUT, is it then less expensive to build the X5 there and do more vehicles get produced in Thailand and shipped to Europe?

Again, just like we’re all saying...it’s not so simple and everyone has an opinion on what they THINK will be the outcome.
Read the article, this reallocation is being implemented with respect to the Chinese market.
The jury is still out for European market X5s
__________________
2011.5 E90 ///M3 | 6-Speed Manual | Slicktop | Jerez Black | Fox Red

E9x M3 Press/Media Archives Thread | S65-based Racing Engines Thread
Appreciate 0
      08-07-2018, 07:24 PM   #48
allinon72
Brigadier General
allinon72's Avatar
United_States
4892
Rep
3,783
Posts

Drives: 20' M2C, 23' X1
Join Date: May 2017
Location: Indianapolis, IN

iTrader: (2)

Quote:
Originally Posted by evanevery View Post
You don't jump off a cliff and then say "lets just wait and see how this plays out".

Smart folks don't jump off the cliff in the first place... Smart folks know it isn't going to end well...
I know, the sky is falling every day for 37 different reasons because of Trump. I'm disappointed there isn't a Russian connection!

Outrage culture getting old to just me?
Appreciate 0
      08-07-2018, 11:15 PM   #49
MrMoo
Second Lieutenant
Australia
132
Rep
288
Posts

Drives: G05 X5 M50i
Join Date: Aug 2014
Location: Australia

iTrader: (0)

Quote:
Originally Posted by evanevery View Post
The article states the Chinese Tariff is actually 40% (not 25%)...

BMW is the largest exporter of cars made in the USA. (Not Chevy, Ford, or Dodge...)

So the US wants to tax BMW cars 25% as we import them and then the Chinese want to tax BMW cars 40% as we export them.

BMW is taking it up the A$$ both coming and going. BMW can't win here. I wonder how all the Trump voters in Spartanburg are feeling right now? Probably a lot like the folks at Harley Davidson (and Chevy, and Ford)...
Trump will blame the chinese, the Trump voters will agree because technically his right the Chinese are to blame since they are implementing the new tariffs. Trump will vow vengeance the trump voters will vote for him. All in a days work
Appreciate 0
      08-08-2018, 02:55 AM   #50
DeeKay
Captain
DeeKay's Avatar
Denmark
553
Rep
646
Posts

Drives: 2021 Tesla Model 3
Join Date: Feb 2011
Location: Denmark

iTrader: (0)

Quote:
Originally Posted by evanevery View Post
The article states the Chinese Tariff is actually 40% (not 25%)...

BMW is the largest exporter of cars made in the USA. (Not Chevy, Ford, or Dodge...)

So the US wants to tax BMW cars 25% as we import them and then the Chinese want to tax BMW cars 40% as we export them.

BMW is taking it up the A$$ both coming and going. BMW can't win here. I wonder how all the Trump voters in Spartanburg are feeling right now? Probably a lot like the folks at Harley Davidson (and Chevy, and Ford)...
They should be happy BMW continues to invest in USA, despite stuff like this... They only "win" when they sell a X-car in the US that has been assembled there.
__________________
| 2021 Tesla Model 3 |
Appreciate 0
      08-08-2018, 06:15 AM   #51
F32Fleet
Lieutenant General
F32Fleet's Avatar
United_States
3540
Rep
10,327
Posts

Drives: 2015 435i
Join Date: May 2005
Location: Southeastern US

iTrader: (0)

Quote:
Originally Posted by desertfox73 View Post
Quote:
Originally Posted by F32Fleet View Post
Fake news in that the decision to build in Thailand was made well before any of this tariff talk.
It's not fake news, it's actual news. And the OP clearly stated that the factory dates to 2016, so they aren't being deceptive.
Really? Clearly the reporter framed the story as a response to US tariffs.

"..said it is producing between 10,000 and 20,000 X5 sports utility vehicles in Thailand as a way to supply Chinese customers now that imported vehicles from the United States face a 40 percent tariff."

The keywors are "now that"
__________________
"Drive more, worry less. "

435i, MPPK, MPE, M-Sport Line
Appreciate 0
      08-08-2018, 06:17 AM   #52
F32Fleet
Lieutenant General
F32Fleet's Avatar
United_States
3540
Rep
10,327
Posts

Drives: 2015 435i
Join Date: May 2005
Location: Southeastern US

iTrader: (0)

Quote:
Originally Posted by menelaos View Post
Quote:
Originally Posted by Maverik259 View Post
So much uneducated stupidity in this thread. Why does everyone find a need to bring politics into a car thread.

No one has lost their jobs in SC because of this. The plant wasn't built overnight in Thailand and has been long a plan for BMW (even before Trump) for quite some time as it's still much cheaper to get vehicles from Thailand to China than from anywhere else.

Yes the tariffs will have some growing pains. Theyre taxes of course it's going to cause some initial pain. But it's not just about the US economy here. China is still to this day being treated like an aspiring 3rd world economy in the economical markets. They aren't even closely taxed or treated the same as most other major economic powers when it comes to world economic dealings. Read/listen to something other than a major 24hr news show and you all might learn something.

No bring on the anti trump ANTIFA hate mail. I'm ready!
There's no uneducated stupidity as to the big picture sir.
Eventually, jobs will be lost... Just ask the subsidized farmers who are being kept hostage of DJT's stupidity.
US farmers have been receiving subsidies since the 1930's.
__________________
"Drive more, worry less. "

435i, MPPK, MPE, M-Sport Line
Appreciate 0
      08-08-2018, 06:32 AM   #53
F32Fleet
Lieutenant General
F32Fleet's Avatar
United_States
3540
Rep
10,327
Posts

Drives: 2015 435i
Join Date: May 2005
Location: Southeastern US

iTrader: (0)

Quote:
Originally Posted by dkhm3 View Post
Quote:
Originally Posted by F32Fleet View Post
Fake news in that the decision to build in Thailand was made well before any of this tariff talk.
It is ramping up production at the plant. This is a reallocation on resources to counteract market tariffs. This means there will be more opportunities shifted exporting from SC, to other markets. BMW is a business and it makes more sense now to make more cars elsewhere instead of exporting the cars from America. We need to find ways to export more of our stuff to other countries and not the other way around. Otherwise things just become more expensive to American consumers from Tariffs our OWN government hits us with.

"it will simply build more SUVs at its Thailand facility."

"CEO Harald Krueger told analysts ramping up production in Thailand was one action to counteract the tariffs."

https://www.carscoops.com/2018/08/bm...china-tariffs/
Thing is that we don't know how many vehicles BMW planned to build out of Thailand over the life of the plant. Surely you don't think a multinational isn't capable of putting out a little spin themselves?
see
Here's what is probablygoing on. The Chinese luxury car buyer generally doesn't like to wait for a vehicle to be built and some will gladly pay 2x for a car if they can get it off a lot from the US. In fact Mercedes and BMW are having to contend with Chinese brokers using US based strawbuyers to buy and then ship vehicles overseas to China.

A Thailand based facility will cut into that underground market and capture those customers who would normally just walk away.

Yes tariffs will have an impact in some way but imo the Reuters article framed it as if tariffs were the sole reason.
__________________
"Drive more, worry less. "

435i, MPPK, MPE, M-Sport Line
Appreciate 0
      08-08-2018, 06:49 AM   #54
menelaos
Lieutenant Colonel
menelaos's Avatar
1226
Rep
1,915
Posts

Drives: 2015 BMW X5 F15
Join Date: Nov 2017
Location: Cheboygan, MI

iTrader: (0)

Quote:
Originally Posted by F32Fleet View Post
Quote:
Originally Posted by dkhm3 View Post
Quote:
Originally Posted by F32Fleet View Post
Fake news in that the decision to build in Thailand was made well before any of this tariff talk.
It is ramping up production at the plant. This is a reallocation on resources to counteract market tariffs. This means there will be more opportunities shifted exporting from SC, to other markets. BMW is a business and it makes more sense now to make more cars elsewhere instead of exporting the cars from America. We need to find ways to export more of our stuff to other countries and not the other way around. Otherwise things just become more expensive to American consumers from Tariffs our OWN government hits us with.

"it will simply build more SUVs at its Thailand facility."

"CEO Harald Krueger told analysts ramping up production in Thailand was one action to counteract the tariffs."

https://www.carscoops.com/2018/08/bm...china-tariffs/
Thing is that we don't know how many vehicles BMW planned to build out of Thailand over the life of the plant. Surely you don't think a multinational isn't capable of putting out a little spin themselves?
see
Here's what is probablygoing on. The Chinese luxury car buyer generally doesn't like to wait for a vehicle to be built and some will gladly pay 2x for a car if they can get it off a lot from the US. In fact Mercedes and BMW are having to contend with Chinese brokers using US based strawbuyers to buy and then ship vehicles overseas to China.

A Thailand based facility will cut into that underground market and capture those customers who would normally just walk away.

Yes tariffs will have an impact in some way but imo the Reuters article framed it as if tariffs were the sole reason.
Quote:
Originally Posted by F32Fleet View Post
Quote:
Originally Posted by dkhm3 View Post
Quote:
Originally Posted by F32Fleet View Post
Fake news in that the decision to build in Thailand was made well before any of this tariff talk.
It is ramping up production at the plant. This is a reallocation on resources to counteract market tariffs. This means there will be more opportunities shifted exporting from SC, to other markets. BMW is a business and it makes more sense now to make more cars elsewhere instead of exporting the cars from America. We need to find ways to export more of our stuff to other countries and not the other way around. Otherwise things just become more expensive to American consumers from Tariffs our OWN government hits us with.

"it will simply build more SUVs at its Thailand facility."

"CEO Harald Krueger told analysts ramping up production in Thailand was one action to counteract the tariffs."

https://www.carscoops.com/2018/08/bm...china-tariffs/
Thing is that we don't know how many vehicles BMW planned to build out of Thailand over the life of the plant. Surely you don't think a multinational isn't capable of putting out a little spin themselves?
see
Here's what is probablygoing on. The Chinese luxury car buyer generally doesn't like to wait for a vehicle to be built and some will gladly pay 2x for a car if they can get it off a lot from the US. In fact Mercedes and BMW are having to contend with Chinese brokers using US based strawbuyers to buy and then ship vehicles overseas to China.

A Thailand based facility will cut into that underground market and capture those customers who would normally just walk away.

Yes tariffs will have an impact in some way but imo the Reuters article framed it as if tariffs were the sole reason.
Personally, I don't understand why they'd ship cars out of Spartanburg for Southeast Asian customers to begin with when they had a plant there.
The labor conditions are much looser over there.
Appreciate 0
      08-08-2018, 07:40 AM   #55
Laki021
Lieutenant
Laki021's Avatar
Switzerland
367
Rep
454
Posts

Drives: BMW 540i xDrive
Join Date: May 2015
Location: Zurich

iTrader: (0)

I'm failing to understand why some people are so obsessed with returning some of the hardest jobs back to the US.

The unemployment in the US is ~3.8%, which is considered a full employment, not like you are missing jobs. So really, no need for some extra jobs, especially not the tough ones with low salaries. It just means that with more jobs, the US would need more workers/immigrants. But at the same time, the same people who want those jobs back are against immigration.

Why would somebody want to bring back the steel and mining jobs when those jobs are poorly paid and at the same time are some of the most difficult and dangerous jobs around. Not to mention the environmental impact of such industries.
You should be happy for getting rid of those jobs and focus on better quality jobs such as engineering, services, design, manufacturing of complex devices (such as BMWs ) etc. Why would anyone want to work in a coal mine if he can work in a BMW factory?
I don't get why some folks are obsessed with "HARD WORKING", that should not be the goal of the progress. Why is MANUFACTURING better than engineering?


I agree that China is not playing fair and that something has to be done (jointly by the US, Europe, Canada, Japan etc.), but the taxes are not the solution since they are hurting the American companies the most.
Appreciate 0
      08-08-2018, 07:44 AM   #56
beammeupscottie
Major
beammeupscottie's Avatar
No_Country
1060
Rep
1,159
Posts

Drives: 2024 X5 Comp BGM / Sahkir
Join Date: Aug 2012
Location: Los Angeles

iTrader: (0)

Garage List
I tell ya this administration is more like a heavy ministration! Direct result of their dumb policy! Can't make this up folks. We are losing "bigley."
Appreciate 0
      08-08-2018, 09:22 AM   #57
MacOSR
Private First Class
203
Rep
185
Posts

Drives: 16 X5M, 18 M550, 21 M5C, 23 M8
Join Date: Aug 2013
Location: Canton, Ohio

iTrader: (0)

Quote:
Originally Posted by beammeupscottie View Post
I tell ya this administration is more like a heavy ministration! Direct result of their dumb policy! Can't make this up folks. We are losing "bigley."
I don’t agree.

What would your solution be to a country that imposes import tariffs on your goods?

Previous administrations did nothing. This one is imposing reciprocal tariffs.
Appreciate 0
      08-08-2018, 09:25 AM   #58
F32Fleet
Lieutenant General
F32Fleet's Avatar
United_States
3540
Rep
10,327
Posts

Drives: 2015 435i
Join Date: May 2005
Location: Southeastern US

iTrader: (0)

Quote:
Originally Posted by Laki021 View Post
I'm failing to understand why some people are so obsessed with returning some of the hardest jobs back to the US.

The unemployment in the US is ~3.8%, which is considered a full employment, not like you are missing jobs. So really, no need for some extra jobs, especially not the tough ones with low salaries. It just means that with more jobs, the US would need more workers/immigrants. But at the same time, the same people who want those jobs back are against immigration.

Why would somebody want to bring back the steel and mining jobs when those jobs are poorly paid and at the same time are some of the most difficult and dangerous jobs around. Not to mention the environmental impact of such industries.
You should be happy for getting rid of those jobs and focus on better quality jobs such as engineering, services, design, manufacturing of complex devices (such as BMWs ) etc. Why would anyone want to work in a coal mine if he can work in a BMW factory?
I don't get why some folks are obsessed with "HARD WORKING", that should not be the goal of the progress. Why is MANUFACTURING better than engineering?


I agree that China is not playing fair and that something has to be done (jointly by the US, Europe, Canada, Japan etc.), but the taxes are not the solution since they are hurting the American companies the most.
Not every 30-50 something can go back to school to obtain a job in the STEM field and come out with a new job with the same cost of living.
__________________
"Drive more, worry less. "

435i, MPPK, MPE, M-Sport Line
Appreciate 0
      08-08-2018, 11:05 AM   #59
DCG
REBEL
DCG's Avatar
United_States
781
Rep
1,269
Posts

Drives: BMW X4
Join Date: Sep 2014
Location: New York

iTrader: (0)

As long as they do NOT come to the United States.
Appreciate 0
      08-08-2018, 11:07 AM   #60
DCG
REBEL
DCG's Avatar
United_States
781
Rep
1,269
Posts

Drives: BMW X4
Join Date: Sep 2014
Location: New York

iTrader: (0)

As long as these vehicles do NOT come to the United States. If there for the Chinese market so be it.
Appreciate 0
      08-08-2018, 11:08 AM   #61
DCG
REBEL
DCG's Avatar
United_States
781
Rep
1,269
Posts

Drives: BMW X4
Join Date: Sep 2014
Location: New York

iTrader: (0)

Ff
Appreciate 0
      08-08-2018, 04:41 PM   #62
dkhm3
Brigadier General
dkhm3's Avatar
United_States
1881
Rep
3,341
Posts

Drives: 991.2 GT3 2020 X3MC
Join Date: Jan 2009
Location: Orange County

iTrader: (0)

Quote:
Originally Posted by F32Fleet View Post
Thing is that we don't know how many vehicles BMW planned to build out of Thailand over the life of the plant. Surely you don't think a multinational isn't capable of putting out a little spin themselves?
see
Here's what is probablygoing on. The Chinese luxury car buyer generally doesn't like to wait for a vehicle to be built and some will gladly pay 2x for a car if they can get it off a lot from the US. In fact Mercedes and BMW are having to contend with Chinese brokers using US based strawbuyers to buy and then ship vehicles overseas to China.

A Thailand based facility will cut into that underground market and capture those customers who would normally just walk away.

Yes tariffs will have an impact in some way but imo the Reuters article framed it as if tariffs were the sole reason.
Actually having ran a successful business and sold it, I think it is simpler than that.

BMW faces increased costs based on tariffs.
BMW shifts some production and investment to an existing facility that is cheaper to build the same item.
BMW saves money by avoiding tariffs.

Spartanburg is one plant of many BMW owns, one part of the whole, move resources as needed to maximize profit. That's business.

What do you want to spin? It's not bad news to investors, it's good news.
__________________
Currently:
2018 GT3 2020 X3MC

Previously:
1999 M3 2002 M3 2005 S4 2008 C63 2015 M3 2016 X5M 2019 911S
Appreciate 0
      08-08-2018, 04:49 PM   #63
allinon72
Brigadier General
allinon72's Avatar
United_States
4892
Rep
3,783
Posts

Drives: 20' M2C, 23' X1
Join Date: May 2017
Location: Indianapolis, IN

iTrader: (2)

It's just amazing how people beg for status quo. The same status quo that has gotten us nowhere.

Turn off your TV folks.
Appreciate 0
      08-08-2018, 08:39 PM   #64
DCG
REBEL
DCG's Avatar
United_States
781
Rep
1,269
Posts

Drives: BMW X4
Join Date: Sep 2014
Location: New York

iTrader: (0)

As long as they do NOT come to the United States.
Appreciate 0
      08-08-2018, 10:56 PM   #65
turboawd
Banned
1635
Rep
2,995
Posts

Drives: 2015 X5 35i
Join Date: May 2015
Location: United States

iTrader: (0)

Quote:
Originally Posted by MetalMK View Post
So factories are moving out of US instead of opening new ones like Trump said on Twitter. What a joke.
Quit watching CNN.
We need tariffs. We have a huge trade deficit. If you can't understand why that's bad, then I don't know what to tell you....
Appreciate 0
      08-08-2018, 11:27 PM   #66
DJM4
Private First Class
27
Rep
159
Posts

Drives: BMW M4
Join Date: Jun 2018
Location: Miami, FL

iTrader: (0)

Quote:
Originally Posted by evanevery View Post
Quote:
Originally Posted by FreudeamFahren18 View Post
How is this a political story? Its the truth. If they export X5 from the US to china they will face 25% tariff. Thats a fact , Its not just about politics. There are consequences to stupid decisions made by leaders who have zero grasp about how world economies function.
The article states the Chinese Tariff is actually 40% (not 25%)...

BMW is the largest exporter of cars made in the USA. (Not Chevy, Ford, or Dodge...)

So the US wants to tax BMW cars 25% as we import them and then the Chinese want to tax BMW cars 40% as we export them.

BMW is taking it up the A$$ both coming and going. BMW can't win here. I wonder how all the Trump voters in Spartanburg are feeling right now? Probably a lot like the folks at Harley Davidson (and Chevy, and Ford)...
If the US wants to compete at a world level we need to start building our own stuff. If a China built toaster costs $50 after tariff costs I promise you that a business person in the US will build toasters here for $15 and sell them for $30 making a 100% profit. People that speak about economics without having formal education in it might as well go work at McDonalds. BMW didn't get affected. They met the China demand by producing the cars in another country and avoiding the tariff.
Appreciate 0
Post Reply

Bookmarks

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off



All times are GMT -5. The time now is 05:20 PM.




xbimmers
Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2024, vBulletin Solutions Inc.
1Addicts.com, BIMMERPOST.com, E90Post.com, F30Post.com, M3Post.com, ZPost.com, 5Post.com, 6Post.com, 7Post.com, XBimmers.com logo and trademark are properties of BIMMERPOST