BMW Calls Brexit an ‘Uncomfortable Scenario’ Amid Tariff Concern
- Purchasing manager says any tariff could change value chain
- Executive spoke a day after Toyota, PSA shared Brexit worries
This article is for subscribers only.
BMW AG became the latest carmaker to weigh in on the Brexit debate as an executive warned the introduction of any tariff would have repercussions for the German carmaker’s business.
A day after Japan’s Toyota Motor Corp. and PSA Group of France expressed disquiet with the U.K.’s planning for departing from the European Union, BMW’s head of purchasing, Markus Duesmann, called Brexit a "very uncomfortable scenario.”