While the full impact of the Trump administration’s tariff policy is not yet felt, some major companies are already forced to raise prices, passing the additional costs of production and supply on to consumers. BMW confirmed a price increase for the 2-Series and M2 this month, but, fortunately for buyers, the cost of most imported models will remain unchanged until June.
According to an internal bulletin for US dealers, BMW will raise prices on the 2-Series and M2 by 4% in May, as these cars are manufactured in Mexico and imported to the States. Although this is a relatively small price increase (considering Trump’s 25-percent tariff on imported cars), it is still unpleasant news for customers.
However, there are positive aspects as well. Following other major automakers, BMW has decided not to raise prices on most imported models until the end of June. What happens next will depend on possible changes in the Trump administration’s policy.
In the same bulletin, BMW announced a “postponement” of electric vehicle production in May, without providing further explanation. As Sam Fiorani of AutoForecast Solutions noted, “the electric vehicle market is already oversaturated, so there is no point in adding even more expensive EVs to an overcrowded market.”
In the first quarter of 2025, BMW sold 13,538 electric vehicles in the US, which is 26% more than in the same period last year. The most popular model was the iX, whose sales increased by 57% compared to the first quarter of 2024. Likely, the possibility of canceling the federal $7500 EV tax credit also influenced BMW’s decision to postpone electric vehicle production, awaiting further political decisions.