BMW's next CEO Reithofer mulls expanding US production

Bayerische Motoren Werke AG's next chief executive Norbert Reithofer, who will take over from Helmut Panke September 1, told Boersen-Zeitung his company is considering expanding its US production to meet increasing North American demand.

He told the newspaper BMW might expand production at its Spartanburg, USA plant to 200,000 units from the current 140,000 level.

He did not state a timeframe for the expansion.

'We are going to continue the successful journey of the BMW Group,' Reithofer said.
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BMWRocks - 7/25/2006 6:03:34 PM

+1 Boost

Right on. Supply meets demand.

BMW650i - 7/27/2006 10:10:08 PM

+1 Boost

Bout time, more Z's on the street.