Mexican Media Brands
BMW Near Decision on Second N. American Plant
BMW AG will decide in the next few months whether to erect its second assembly plant in North America, Bloomberg News reports.
Share
BMW AG will decide in the next few months whether to erect its second assembly plant in North America, Bloomberg News reports.
The news service cites an internal staff publication, which quotes production chief Harald Krueger. Unidentified sources tell Bloomberg the company's site choices include at least two in Mexico.
Last month CEO Norbert Reithofer said BMW will need additional capacity in North America at some point. Bloomberg's sources report that a second factory will probably build the company's 3 Series sedan. That model accounted for about 55% of BMW brand sales in the U.S. last year.
BMW's 20-year-old factory in Spartanburg, S.C., is the company's global hub for SUV/crossover vehicle production. The complex will expand annual capacity 50% to 450,000 units by 2016, making it BMW's largest assembly plant anywhere.
RELATED CONTENT
-
On Electric Pickups, Flying Taxis, and Auto Industry Transformation
Ford goes for vertical integration, DENSO and Honeywell take to the skies, how suppliers feel about their customers, how vehicle customers feel about shopping, and insights from a software exec
-
Multiple Choices for Light, High-Performance Chassis
How carbon fiber is utilized is as different as the vehicles on which it is used. From full carbon tubs to partial panels to welded steel tube sandwich structures, the only limitation is imagination.
-
GM Seeks to Avert U.S. Plant Shutdowns Linked to Supplier Bankruptcy
General Motors Co. says it hopes to claim equipment and inventory from a bankrupt interior trim supplier to avoid being forced to idle all 19 of its U.S. assembly plants.
