FRANKFURT (Reuters) – BMW <BMWG.DE> said vehicle sales fell 2.1 percent in May, weighed down by China tariffs, the launch of a new model, and a 13.6 percent drop in German deliveries as cities like Hamburg started banning older diesel vehicles from key streets. BMW said plans to retool its China factory to produce the X3 locally, rather than importing it from the United States, had hurt availability of this volume model in the world’s largest car market. Furthermore, customers in China have held back orders after the country announced it will lower tariffs on imported cars from 25 percent to 15 percent from July 1 onwards. Pieter Nota, BMW’s board member for sales, said: “In the second half of the year, the X3 will once again become fully available worldwide, bringing increased sales momentum in the third and fourth quarters.” Meanwhile in Germany, several bank holidays in May caused fewer working days compared with last year, and Hamburg said it … [Read more...] about BMW says May sales of BMW, Mini vehicles dip due to China tariffs
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AMBER ALERT: 2-year-old boy abducted in League City
Share Tweet Email Share: Share Tweet Email Share: Share Tweet Email KTRK LEAGUE CITY, Texas (KTRK) -- Police are searching for a 2-year-old boy who was abducted in League City.Authorities believe Malakhi Bankhead is with Katherine Ulrich, 21, and Cody Bankhead, 24. They were last seen driving a white 2015 BMW X3 with Texas license plate KSW8656.The child stands at 3'2" tall, and weighs about 35 pounds. He has black hair, brown eyes, and has eczema on his elbow.Police say Ulrich is 5'11", 150 pounds, has brown hair and brown eyes, and multiple tattoos.Cody Bankhead stands at 5'10", 160 pounds, and has black hair and brown eyes. There is a scar on his upper arm.Investigators believe the child is in grave or immediate danger.If you see the child or the suspects, call the League City Police Department at 281-332-2566. Report a correction or typo Related topics: league city texas news amber alert missing children … [Read more...] about AMBER ALERT: 2-year-old boy abducted in League City
Will: Bulletins from trade wars’ multiplying fronts make for hilarious reading
By George F. Will | PUBLISHED: July 25, 2018 at 6:01 pm | UPDATED: July 25, 2018 at 6:01 pm WASHINGTON — If you are not collateral damage in the escalating trade wars, the bulletins from the wars’ multiplying fronts are hilarious reading. You are collateral damage only if you are a manufacturer, farmer or consumer, so relax and enjoy the following reports. Whirlpool, which makes washing machines and demands for government protection, wheedled Washington into imposing tariffs on, and quotas for, imported machines. Unfortunately for Whirlpool, American steel and aluminum makers horned in on the protectionist fun, getting tariffs — taxes paid by Americans — imposed on imports of those materials that, The Wall Street Journal says, account for most of the weight of 200-pound washing machines. And for part of the decline in Whirlpool’s share price. And for declining demand for appliances, the prices of which have risen as protectionism increases … [Read more...] about Will: Bulletins from trade wars’ multiplying fronts make for hilarious reading