Report: BMW is US’s largest automobile exporter in the industry
Bloomberg recently compiled some statistics and in those statistics, they found that BMW is the largest exporter of automobiles in the United States. Observing the Roundel’s South Carolina assembly plant’s 20th anniversary, BMW was found to shift more cars than all of Michigan’s Big Three combined.
BMW’s Spartanburg, South Carolina factory opened up in 1994, allowing for the assembly of BMW’s entire X crossover lineup (first starting with the X5), as well as BMW’s Z3 roadster from back in the day.
As of current stats, BMW’s plant in the south produces the X3, the incoming X4, the X5, and the X6 and 70 percent of the vehicles built there are exported to outside markets. BMW is even planning to expand, investing nearly $1 billion into the plant through 2016 to boost production from 300,000 units annually to 450,000. This will be partially achieved with a new full-size crossover, destined to receive the X7 name.
Source: Bloomberg