Blog: BMW minivan for US production
Dave Leggett | 26 November 2004
Okay, BMW would never want to call it an MPV or minivan. To them, it's a 'sports wagon'. Helmut Panke, CEO of BMW, has said that BMW "will never bring a minivan" to the market. Yeah right. If Merc has R-Class, BMW dealers will demand a similar offering. Looks like US production is on the cards for the seven-seater and that makes sense. US will be a big market for such a vehicle of course and the dollar is hitting new lows against the euro. Auto executives must be concluding that there has been a permanent shift in the dollar-euro rate with no dollar recovery in sight. Even if the dollar does come back next year, it is unlikely to be a strong recovery given the scale of the US trade deficit and the reasons for it. Expect Volkswagen to look at further boosting NAFTA area production also.
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