BMW N.A. head expects regional growth in 2019







BMW North America CEO Bernhard Kuhnt said he expects the company to keep growing in the region, while the overall auto market would see slight growth in 2019.

In a CNBC interview on Wednesday, he also said potential U.S. tariffs of up to 25 percent on auto imports are “not going to be good” for the company.

U.S. Commerce Department recommendations into whether Trump should impose tariffs of up to 25 percent on imported cars and parts on national security grounds are due this month.