Audi and BMW will maintain its investment plan in Mexico
Executives from Audi and BMW will maintain their investment in this country, despite the threat of new taxes imposed on vehicles imported from Mexico. Scott Keogh, President of Audi North America, said that the Puebla plant is global and it could not be closed, as the Company supplies its operations in a North and South America, Europe and Africa from there. Likewise, BMW maintains its plans for investment in Mexico. Additionally, the company has a portfolio of 64 providers across Mexico that serve the South Carolina facilities. BMW has tripled the value of its components purchases in Mexico over the last five years, shifting from US$600 million to US$2 billion.