FRANKFURT -- BMW will invest 3 billion euros through the end of this year on the development of its electric vehicle lineup, funding the "i" subbrand with earnings from its booming business in China, a German business newspaper reported.
May 13, 2013 05:00 AM
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Tariff costs, policy uncertainty prevent suppliers from investing in the U.S., MEMA says
Suppliers have become more pessimistic about their financial outlooks and how globally competitive they are since tariffs have gone into place, MEMA data shows.
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