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BMW CEO: potential U.S. import tariffs could even be 'advantage'
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BMW CEO: potential U.S. import tariffs could even be 'advantage'
Nov 6, 2024 1:37 AM

FRANKFURT, Nov 6 (Reuters) - The United States remains a

key market for BMW regardless of which administration

is in charge, its CEO said, adding the group's local presence

would protect it in case of tariffs on car imports.

Oliver Zipse, speaking to journalists after presenting

third-quarter results, said BMW may even have "more of an

advantage" if there were tariffs "because we have a very, very

large footprint in the USA".

"In this respect, we shouldn't be too nervous about what

might happen."

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