BMW Unveils Plan to Boost Production in China
- German automaker to raise manufacturing capacity from 2019
- BMW currently sells SUVs in China that are made in the U.S.
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BMW AG is increasing manufacturing capacity in China in a move that will help the automaker lower its reliance on imports from a U.S. factory just as trade tensions between the two countries intensify.
BMW and Chinese partner Brilliance Automotive Group Holdings signed an agreement Monday to expand their joint venture BMW Brilliance Automotive, the German company said in a press release. The deal will boost the number of cars they produce annually at two facilities in China to 520,000 in 2019.