However, there’s a bit of good news as The Wall Street Journal is reporting that BMW has told U.S. dealers it will absorb tariffs on Mexican-made vehicles. The company will reportedly do this for at least the “next several weeks,” which could save buyers thousands of dollars.

(Reuters) -German automaker BMW is telling dealers in the U.S. it will absorb the added cost of new tariffs on its imports from Mexico, at least for the next several weeks, the Wall Street Journal reported on Wednesday.