BMW pouring $990M into Spartanburg plant to build more CUVs

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Filed under: SUV, Plants/Manufacturing, BMW, Luxury



BMW is expanding its operations in Spartanburg, South Carolina. The company has announced it will invest $990 million into the facility over the next three years to allow the plant to produce up to 350,000 vehicles annually. Currently, the Spartanburg assembly plant produces the BMW X3 (pictured), X5 and X6, and BMW says the company expects to see an increase in CUV demand in the coming years. BMW has already committed to broadening its presence in the crossover market with the introduction of the upcoming X4 model.

The BMW X3 helped BMW grow to become the best-selling luxury brand in the United States for the first time in the company's history last year. The model saw a 156 percent increase in global sales to a total of 117,944 units, and 27,793 of those found homes in the States.

Right now, 70 percent of the vehicles built in Spartanburg are exported to other markets around the world. Last year, the facility built 276,065 vehicles, which marks an increase of 73 percent over 2010. The plant originally opened in 1994, and the German automaker is currently celebrating the 2 millionth vehicle produced since then. Hit the jump for the full press release.Continue reading BMW pouring $990M into Spartanburg plant to build more CUVs

BMW pouring $990M into Spartanburg plant to build more CUVs originally appeared on Autoblog on Thu, 12 Jan 2012 18:20:00 EST. Please see our terms for use of feeds.



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