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2017-01-16 — nbcnews.com
``German auto industry officials are privately expressing frustration with the threats from Trump, noting that they have quadrupled their U.S. automotive production since the beginning of the decade. And about half of the 850,000 vehicles the Germans produced here last year were exported. The BMW plant in Spartanburg, South Carolina, for example, is the sole source for the globally popular X5 model.
"It is surprising that Trump singles out the carmaker that exports more vehicles from the United States than any other manufacturer," said a report from Evercore ISI. BMW exports about 65 percent of the production from Spartanburg.'' Japanese manufacturers have expressed similar frustration, noting they have invested tens of billions of dollars in the U.S., broadly expanding their American operations since the country emerged from recession. Honda, for example, produces more than 90 percent of the vehicles it sells in the States in U.S. plants, but it does import a small number of products from the U.S. and Mexico. source article | permalink | discuss | subscribe by: | RSS | email Comments: Be the first to add a comment add a comment | go to forum thread Note: Comments may take a few minutes to show up on this page. If you go to the forum thread, however, you can see them immediately. |