BMW has told dealers it will keep most prices steady through June despite new tariffs that raise the cost of building and importing cars, according to a new report.
Industry publication Automotive News reports that BMW, in a memo to dealers, said it “will not raise prices on most imported vehicles built through June. However, the 2 Series and M2 performance coupes made in Mexico will get a 4% price hike starting in May.”
The Trump administration’s car tariff scheme exempts most cars built in Mexico under the U.S.-Mexico-Canada Agreement, a trade pact Trump signed in 2018. However, the 2 Series and M2 are exceptions. The USMCA exempts cars provided that at least 75% of their parts originate in one of the three signatory countries. BMW imports engines for the two cars from Europe, which means they miss the threshold.
Though the news is mostly good for BMW shoppers, AN also cited a problem ahead. The memo reportedly says BMW will “postpone” production of electric vehicles (EVs) next month. The report doesn’t say whether the production pause is global or just for the U.S.
InsideEVs notes, “BMW doesn’t build any EVs in the United States — all U.S. market electric BMWs come from Europe — so this could mean all of them.” The automaker currently sells the i4, i5, i7, and iX in the U.S.
Shoppers should still be able to find all four on dealer lots for some time. Kelley Blue Book parent company Cox Automotive reports dealers have a healthy supply of all four in inventory today.
BMW has bet much of its future on a new series of EVs, the Neue Klasse sedan and SUV. The company plans to build those in South Carolina in late 2026.
