Will German Automakers Be the Next to Be 'Trumped'?
VW and BMW invested billions in Mexican production plants just months before the election. Now that Trump is the president-elect, what does that mean for their future?
VW (VLKAY) and BMW invested billions in new Mexican production plants just months before the election. Now that Trump is the president-elect, what does that mean for their future?
In 2016, BMW made a €1 billion investment in a new plant in San Luis Potosi, Mexico. The plant is expected to come online in 2019 and will have annual production capacity of 150,000 cars.
This article was written by a staff member of TheStreet.
