If implemented, the full-on,25 percent tariff would have cost Detroit’s Big Three more than $14.4 billion.
BMW’s newest plant will build the 3-Series and have an annual production capacity of 175,000 units.
Average prices of vehicles imported from Mexico could rise by as much as $8500.
Automakers import 39 vehicles from Mexico and they include popular models such as the Audi Q5 and Chevrolet Equinox.
The tariffs are set to go into effect on June 10th and could rise to 25%.
The Mexican government believes it can raise at least $1.5 million from the sale of the cars.
The Mercedes GLB crossover will go on sale before the end of the year.
Trump brought up tariffs as a threat unless Mexico does more to stop illegal immigration and drug trafficking.
Roughly 70 percent of all wiring harnesses used by U.S.-built vehicles come from Mexico – and you can’t build a car without one.
The Koenisegg CCXR slammed into a concrete lamp post and curb.
The CCXR seems to have hit a concrete poll first and then slammed into a curb.
Canadian authorities seized 180 kg of meth delivered to Ford dealerships.