BMW to build new plant in the U.S; plans X7 SUV image

BMW, the largest premium carmaker in the world plans to significantly expand its actual capacity in the U.S. by building a new plant or expanding the actual plant in Spartanburg, South Carolina, German newspaper Handelsblatt reports.

Citing “consolidated circles”, the German daily reports BMW plans to raise output from 300,000 vehicles today to more than 400,000. The carmaker has already expanded its plant in Spartanburg several times.

On the same time, according to the same source – BMW will also decide wherever or not it will build the “long-discussed” X7 SUV. X7 is expected to compete with the upcoming Audi Q9 and Vw Cross Blue, which will be made and sold in the U.S. from 2016.

The report comes just days after the company said it will make a “significant economic and product” announcement at the Upstate plant next week.

The announcement is set for Friday, March 28 – and will take place in the North Assembly Hall where the X3 and X4 are assembled.

“You know it’s going to be fun, but every announcement in South Carolina is fun. They are all different.  What I love is we build things in South Carolina and whether its pharmaceuticals or cars or planes or tires carbon fiber, we are showing were are a work force that can handle making things …

It’s an exciting time in South Carolina,” Gov. Nikki Haley said.