BMW to produce 2 million vehicles a year by 2020
The Germans from BMW plan to increase the global production and sell more than 2 million units a year by 2020. In order to make this happen, the Bavarians will expand the production outside of Germany, in countries such as the U.S. and China. These statements were made by BMW Production Chief, Frank-Peter Arndt, in an interview for Automotive News Europe.
BMW Plant
According to BMW, about 70% of the vehicles sold in 2002 by the company were produced in Germany. Eight years later, the figure dropped to 62% and this decreasing trend will continue as BMW claims that today, only 58% of the models are produced in Germany.
Moreover, thanks to the new plans for China and the U.S., this numbers will shift further toward 50-50 in the coming years. BMW wants to expand its production in China, a market which is growing continuously and is actually the largest in the world.
BMW Plant
Even so, Germany will remain the main country where BMW will produce their models. “That’s why we invest another 2 billion Euros in 2011-2012 to keep improving these plants. The next investment package for 2013-2014 will be decided soon,” adds the company.
