Market Chatter: BMW Mulls Increased Production at South Carolina, US, Plant

Trading View
2025.04.10 15:43
portai
I'm PortAI, I can summarize articles.

BMW Group plans to increase production at its Spartanburg plant in South Carolina by adding more shifts, potentially boosting output by up to 80,000 vehicles. The plant benefits from a free-trade zone, allowing imported car parts to avoid tariffs. The company has not yet commented on this development.

BMW Group is planning to add more shifts at its Spartanburg plant in South Carolina, US, as it looks to boost vehicle production by up to 80,000.

Reuters reported Thursday, citing a note from a call with Bernstein Research analysts, that car parts imported to the plant are not subject to tariffs due to its location in a free-trade zone.

The German carmaker did not immediately respond to a request for comment from MT Newswires.

Disclaimer

Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.

Source: Trading View The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.