Made in Germany | BMW in the US -- Natural Hedging

The strong euro is causing more and more problems, especially for European businesses that rely on trade with the US. One badly affected company is BMW. The car manufacturer lost half a billion dollars in 2007 thanks to the unfavorable exchange rate. Selling cars made in Europe to US customers is no longer profitable so BMW is expanding production in the US.

Meanwhile, more and more European workers are losing their jobs. Over the next few years, the company plans to make 8,000 employees redundant. But if the dollar gets stronger, the company may have to rethink its plans. Manuel Özcerkes investigates.

Category:

People & Blogs

Tags:

• Deutsche
• Welle
• DW-TV
• Made
• in
• Germany

[wigwamman1]

Make all the cars you want but if people can't afford them your job security is nil. How is that tax..tax..tax...control freak Obama working out for ya? Eric, if you like freedom and the idea of keeping your money and identity... don't vote for Obama!

[Anoush13]

How about a Global Currency so none of this BS can occur!

[200twistatwista]

@kinjat56 Oh wow then : P Germany it is mate I love BMW for life

Super Gut Auto Ja : )

[kinjat56]

see now i get it, the quality of those cars manufactured in US would not be the same as those produced in Germany. Im sure

[kinjat56]

@200twistatwista you better join thyssenKrupp in Germany. The salaries and benefits surpass almost any other company in the world. Fresh Grads get around 74000 euro/anum

[Mrjaguarpaw1]

X6 is ugliest SUV ever

[200twistatwista]

I want to work for bmw in Germany but I am in usa soo oi I guess I will go apply in Spartenberg : P

[victorh1414]

@jonascelemencki No BMW does not make cars in Canada.

[victorh1414]

The only cars that BMW makes in USA is the X3, X5 and X6. Thats it!

[dickhole726]

yeahh niccee