DETROIT (Reuters) - BMW , the world's largest luxury carmaker, plans to invest nearly $900 million in its Spartanburg plant in South Carolina by 2014, boosting capacity to 350,000 vehicles in the mid-term. "This is in response to rising global demand for our BMW X models and the expansion of the BMW X family to include the BMW X4," BMW production boss Frank-Peter Arndt said in a statement on Thursday. The X4 would be the fifth sport utility vehicle (SUV) in the BMW brand's model range. ...
Friday, February 24, 2012
BMW to invest about $900 million in U.S. plant by 2014
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