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BMW builds X5 in Thailand to counteract U.S. China tariffs: CEO

August 2, 2018 1:16 PM
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FRANKFURT (Reuters) - BMW’s (BMWG.DE) said it is producing between 10,000 and 20,000 X5 sports utility vehicles in Thailand as a way to supply Chinese customers now that imported vehicles from the United States face a 40 percent tariff.

In spring 2016, BMW started building the X5 in Thailand and this plant is now capable of making a “significant portion” of the vehicles that would otherwise have been exported from its plant in Spartanburg, South Carolina to China.

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