BMW Says It Will Absorb Tariffs On Mexican Built Vehicles

German automaker BMW  is telling dealers in the U.S. it will absorb the added cost of new tariffs on its imports from Mexico, at least for the next several weeks, a spokesperson for the company said on Wednesday.

 

BMW said it would "price protect" certain Mexican-built models that would be subject to tariffs - the 3 Series sedan and 2 Series coupe - until May 1, WSJ reported , citing a message to the company's U.S. dealers.