BMW AG will keep spreading the gospel of free trade and back its rhetoric up by investing more in its massive U.S. plant, all as the Trump administration mulls higher tariffs on imported autos.
The German automaker is presenting two SUVs at the Los Angeles auto show this week: a refreshed X5 crossover and a new three-row model, the X7, that’s BMW’s biggest sport utility vehicle ever. Both will be made in the company’s factory in South Carolina, Chief Executive Officer Harald Krueger said in a Bloomberg Television interview.
