Blasting BMW, Trump Shows Scary Naivete - News Summed Up

Blasting BMW, Trump Shows Scary Naivete


Apple Could Sink $1B Into Softbank's Mega Tech FundA week ago, I carelessly opined that BMW would be among the last automakers exposed to the wrath of Trump. As a net-exporter of cars, BMW deserves a medal from the impending president. What Trump also failed to grasp is the fact that GM has a strong presence in Germany and Europe. Last year, each sold a similar amount of cars in Germany as BMW. Remember, the 25% "chicken tax" on light trucks was a reaction to German tariffs on chicken.


Source: Forbes January 16, 2017 15:25 UTC



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