The Good News: Growth. The Bad News: GrowthAlan Fine
During the international embargo against South Africa, the BMW plant near Pretoria exported components to the German company's other factories around the world, mostly items such as leather upholstery. But since the embargo was lifted, BMW South Africa has been exporting finished 3-series models to the rest of Africa and to Australia, and it's eyeing other potentially big markets such as India. Exports are expected to double over two years, to an estimated $200 million in 1995. "We are very optimistic," says BMW spokesman Chris Moerdyk.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.