BMW, dialogue with Brussels to curb tariffs

BMW, dialogue with Brussels to curb tariffs

BMW and the European Commission are negotiating a possible agreement to reduce the impact of tariffs on electric MINIs produced in China by the group. Reuters reports, citing the German newspaper Handelsblatt: according to rumors, the parties are working on an agreement that involves the adoption of a “minimum price” model that could replace the tariffs imposed by the EU.

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BMW in talks with the EU

Not an absolute novelty in the automotive world. In early February, in fact, Brussels and Volkswagen reached an agreement under which the group’s Seat/Cupra brand secured an exemption from tariffs for its fully electric Tavascan SUV coupe after months of discussions. BMW hopes to achieve the same result and reach a similar agreement, considering that several Chinese automakers are also considering exemptions for their electric vehicles destined for the EU.

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Stemming the effect of tariffs

As mentioned, BMW and Brussels seem to be negotiating a solution that involves a minimum import price. At the moment, a BMW spokesperson has refused to comment on the report, just as the European Commission has not released statements on the matter. It should also be noted that BMW is separately challenging the European tariffs in a legal case along with other automakers. This is in light of the fact that the EU imposed tariffs on electric vehicles produced in China at the end of October 2024, after an anti-subsidy investigation. Keep in mind that the rate for BMW, which produces the electric MINI Cooper and the electric MINI Aceman in China, is 20.7%.

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