Pursuits
BMW, Audi Expand Factories as Record Sales Constrain Capacity
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Bayerische Motoren Werke AG, Daimler AG and Audi AG, the world’s three largest luxury-car makers, will expand factories this year to ease capacity constraints driven by record demand for their vehicles.
Volkswagen AG’s Audi, vying to top BMW as the world’s bigger maker of premium vehicles by 2015, said today it will increase production to build more cars and SUVs in 2011 than the 1.15 million produced in 2010. BMW and Daimler’s Mercedes-Benz also plan to expand plants, including in the U.S. and Germany.