Tweet TweetIn all their years of operation, BMW has tried hard not to get dragged into politics. As far as Germany’s most prestigious car manufacturer is concerned, they don’t mind who’s in charge of which country so long as that country carries on buying BMWs. It’s worked fine as a strategy for more than eighty years, but global political affairs appear to be about to stage a two-pronged assault on BMW and its factories. As anybody who follows political news will already be aware, there are two major global factors currently in play which are expected to have an enormous impact on the world’s economy. One of them is the ongoing trade war between the United States of America and China, which has seen tariffs imposed on both sides, and companies which rely on import or export from one country to the other facing elevated costs as a result. The other is Brexit – the ongoing process of the United Kingdom leaving the European Union. The status of both situations often seems to change on a daily basis, making it difficult for BMW – along with many other international companies – to make long-term plans. Long term planning in companies… Read full this story
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