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BMW X5 & X6 SUV Will Suffer Because Of Tariffs

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To cope with the additional cost of tariffs on tU.S car imports, BMW will have to increase the price of their BMW X5 and BMW X6 in the US.

According to the reports, BMW will include the prices of those two models by 4% to 7%. The change will happen on Monday. While they did announce the price hike for the BMW X5 and X6, there was no mention of the BMW X4 getting a price hike.

BMW also released a statement saying that “BMW stands for free (trade) but can’t stand still without taking actions to respond to the market changes,”.

The rate of increase does suggest that BMW is going to absorb much of the higher cost. Automaker like Ford has also announced that they will not its increase the price of their vehicles and absorb the extra cost to sustain their business momentum.

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