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BMW will decide soon on its second North American plant

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BMW will decide soon on its second North American plant

While the BMW Group has not made a decision yet on where to set up its second manufacturing facility in North America, the chief executive, Norbert Reithofer is confident there would be a ruling by the summer break.

As it’s been previously reported in numerous occasions, the German automaker – the biggest premium maker in the world – has been considering locations in Canada, US and Mexico, needing a location in a country that has signed the North American Free Trade Agreement.

Most prominently, the reports coming from the media favor a Mexican location, with sources in April reportedly pointing out that at least two possible locations in the country are still in the competition and last month the German business newspaper Handelsblatt saying that at a new Mexican factory BMW would manufacture its 1 and 3 Series in addition to some Mini models.

BMW, Audi and Mercedes are all counting on China and the US to cater for new sales records this year, with the two biggest auto markets in the world still poised to grow. For that all three German rivals are increasing output in the North American region, with BMW also announcing its moving to invest $1 billion into the expansion of its South Carolina facility, making it by 2016 able to produce 450,000 units – thus becoming the company’s largest plant in the world.

Via Automotive News Europe

by Aurel Niculescu (my Google+) - Thursday, June 26th, 2014 - filed under BMW, Industry, News. Image credit: .
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