Quote:
Originally Posted by David70
If you are manufacturing outside of our country (I believe all BMW cars), your cost doesn't change but if you keep the price the same in the U.S. you get more for it.
Example - Previously sold for $56k in the U.S. and this equaled 48k Euro's, now selling for $56k in the U.S. equals 50k Euros because of the strong dollar so BMW actually gets more for the car in their currency.
Building in the U.S. eliminates much of this benefit but also helps them when the issue switches and the dollar drops against the Euro and their costs go up but they aren't getting more for the car.
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I had the euro going the wrong way
Do remember however that the largest auto exporter from the USA is BMW with their factory in SC