BMW in talks with EU on tariff exemption for ’Made in China’ Minis, Handelsblatt reports
#BMW #European Commission #Tariff Exemption #Made in China #Electric Vehicles #Mini #Trade Negotiations #Anti-subsidy Investigation
📌 Key Takeaways
- BMW negotiating minimum pricing model with EU to replace tariffs on Chinese-made Minis
- Similar deal previously reached between EU and Volkswagen for SEAT/Cupra brand
- BMW currently faces 20.7% tariff on Chinese-made electric Mini vehicles
- Other Chinese carmakers may seek similar tariff exemptions for EU-bound EVs
📖 Full Retelling
🏷️ Themes
Trade Policy, Automotive Industry, International Relations
📚 Related People & Topics
BMW
German automotive manufacturer
Bayerische Motoren Werke Aktiengesellschaft (BMW AG), trading as BMW Group (commonly abbreviated to BMW (German pronunciation: [ˌbeːʔɛmˈveː] ), sometimes anglicised as Bavarian Motor Works), is a German multinational conglomerate manufacturer of luxury vehicles and motorcycles headquartered in Munic...
Made in China
Country of origin label
Made in China or Made in PRC is a country of origin label, often in English, affixed to products wholly or partially made in the People's Republic of China (PRC). The label became prominent in the 1990s, when foreign companies based in the United States, Europe, and Asia moved their manufacturing op...
Electric vehicle
Vehicle propelled fully or mostly by electricity
An electric vehicle (EV) is a motorized vehicle whose propulsion is provided fully or mostly by electric power, via grid electricity or from onboard rechargeable batteries. EVs encompass a wide range of transportation modes, including road (electric cars, buses, trucks and personal transporters) and...
European Commission
Executive branch of the European Union
The European Commission (EC) is the executive cabinet of the European Union. It is composed of 27 members of the Commission (informally known as "commissioners") corresponding to the number of member states, unless the European Council, by unanimous consent, decides to alter this number. The current...
Entity Intersection Graph
Connections for BMW:
View full profile