US: BMW to invest and add model at US plant
BMW has announced that the company will invest nearly US$900m and add 300 new jobs in 2012 at its Spartanburg, South Carolina, plant where it is to add a new model called X4.
The announcement was made during a ceremony to commemorate a production milestone - 2,000,000 vehicles have rolled off the assembly line since the company began US production in 1994.
Frank-Peter Arndt, BMW Group Board Member responsible for Production, revealed that production of the new BMW X4 will take place at the Spartanburg plant, spurring significant investment and job creation necessary to prepare the facility for the new model.
“The X4 is to be a sleeker, restyled version of the second generation X3,” said just-auto new product specialist Glenn Brooks. “The working name for the project is 'Advanced Sports Tourer'. The project was confirmed by BMW Group's CEO Norbert Reithofer in September 2011. Expect the X4 to be built alongside the X3 from 2013.”
BMW said that it plans to be able to produce 350,000 units at Spartanburg in the mid-term.
"This is one reaction to the rising global demand for our BMW X Models," Arndt said.
With the addition of 300 new jobs this year the plant will raise production capacity to 300,000 units.
By the end of the year, the plant will employ nearly 7,500 people at its more than 4.0 million square foot facility.
In 2011, the plant produced 276,065 vehicles for over 130 markets around the world representing a 73% increase versus 2010. Seventy percent of the vehicles produced (192,813) were exported making BMW the largest automotive exporter to the non-NAFTA countries.
According to Arndt, throughout the world, more that 117,000 X3's were sold in 2011 representing a 156% growth of this vehicle versus its predecessor.
Since 1994, the Spartanburg plant has undergone four major expansions and produced 6 different BMW models and their variants (318i, Z3, Z4, X5, X6, X3). Employment has grown from 500 in 1994 to more than 7,000 today.
At the beginning of the week the head of PSA's second-biggest union announced the automaker would increase its job cuts target in France alone to 8,000-10,000, writes Frost & Sullivan senior consultan...
It's been a busy week as usual with a whole raft of announcements jostling for position, but one of the most eye-catching, along with BMW and Toyota formalising their joint ventures, was Mazda's decis...
- Jaguar Land Rover's lightweight future
- INTERVIEW: Ford of Europe's chief, Stephen Odell
- GENEVA WRAP: Europe still struggles, future bright
- INTERVIEW: Ford UK fleet director, Phil Hollins
- THE WEEK THAT WAS: iOS (and Android) in the car
- 'One Ford' has kept us alive in Europe
- GENEVA: Jaguar names 'small' saloon XE
- GENEVA: Apple launches car iOS
- EXCLUSIVE: Renault axes another EV
- GENEVA SHOW: World premieres [final list]
- Tesla: The Californian start-up that made head way on the automotive giants
- Dacia: The no frills automotive brand, that is becoming a serious world contender
- PLDB - vehicle cycle plan database (annual subscription)
- China’s One-Child Policy is Shaping a New Automotive Landscape
- Global light vehicle HVAC market 2008 to 2028