Showing posts with label hybrid X5. Show all posts
Showing posts with label hybrid X5. Show all posts

Friday, 28 March 2014

BMW to invest US$1 billion in Spartanburg

The BMW Group is investing US$1 billion to expand capacity at its US plant in Spartanburg, South Carolina to meet demand for X models.

The company plans to make the investment by 2016 and annual production capacity by 50 per cent from 300,000 currently to 450,000 vehicles. This is according to BMW AG chairman of the board of management Norbert Reithofer at a ceremony in Spartanburg today to commemorate 20 years of BMW production in the US.