Bayerische Motoren Werke AG, commonly known as BMW, has announced its intention to temporarily cover the additional expenses incurred by new tariffs on vehicles imported from Mexico to the United States. According to a report from the Wall Street Journal, the German automaker confirmed its commitment to “price protect” select models until May 1.

Read also: BMW CEO Advocates for EU Tariff Reductions on U.S. Car Imports

This decision, impacting models like the 3 Series sedan and 2 Series coupe, including the M2 performance version, comes at a time when the U.S. automobile market is closely watching developments in tariff policies. According to the IndexBox platform, the U.S. imports a significant volume of vehicles annually, with Mexico being a major supplier. The automotive trade relationship between the two countries plays a key role in the supply chain dynamics influencing car prices in the American market.

BMW’s latest measure aims to offer stability in vehicle pricing amidst the changing trade landscape, ensuring that consumers are not immediately affected by the variable costs associated with tariffs.

Source: IndexBox Market Intelligence Platform