BMW Plans to Invest $900 Million at U.S. Plant

Bayerische Motoren Werke AG (BMW), the world’s largest maker of luxury autos, will invest about $900 million in its South Carolina factory to expand capacity and prepare the facility to produce a new sport-utility vehicle.

The spending, to be completed by 2014, will help increase capacity at the plant in Spartanburg to 350,000 vehicles a year from the 276,100 autos made there last year, the Munich-based company said today in a statement. BMW will make the new X4 SUV at the factory, adding to the X3, X5 and X6 models already assembled there.


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pepito66 - 1/14/2012 10:52:26 PM

+1 Boost

I would love this model for sure.