Here’s a huge surprise, BMW, a company that’s selling and growing by the day, is rumored to be looking into the building of new production plants.
The rumor may be more than hearsay because apart from the selling and increased targets, BMW is said to be looking in the right places.
Word has it the new plant locations would be either in Mexico or Eastern Europe. On top of that the Brazilian BMW plant is up for increased capacity.
All of these locations would produce more cars for BMW to sell in markets which are growing (Asia, South America) and those which are making a comeback (USA, Russia).
The latest version of the rumor was triggered by an article by German business daily Handelsblatt. It seemed thoroughly researched and cited several sources to back it up.
Automotive News got in touch with BMW to ask about the situation and the company’s spokesperson did very little to clear the air.
The reply however did include the fact that the Bavarians have no intention to build any new plant in the Eastern side of Europe.
The Brazil expansion was confirmed to be under negotiation but any other location was not commented upon so there’s still an open discussion around that.
As for the Brazil discussion, this is mostly happening because the government there made a few changes in taxation systems.
Even so, BMW may be interested but they’ll still need to make a few specific discussions and work out the chances at making a profit the new investment would have.