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Best photo: BMW Next-gen Bmw X3 to be Made in Us; Magna to Lose ContractBMW AG has officially announced that the next generation BMW X3 SUV will be manufactured at its plant in Spartanburg, South Carolina. This will be built when its present contract of agreement is already used up in 2010 to 2011. The move, though not entirelyunexpected, is a surprising a blow for Magna International which currently assembles the X3 for BMW at its Magna Steyr factory in Graz, Austria. First introduced in January 2004, the next generation BMW X3 will be released soon with added innovative features. In connection with this, Magna acquired its adjoining neighbor, Chrysler’s Euro star plant. The said plant was building minivans and PT Cruisers. Minivan production will be moved to Magna’s original plant once Magna owned the whole complex. At the plant in Toluca, Mexico, PT Cruisers were merged. And the space vacated by Euro star was prepared to set up Magna as the only source for the new BMW. The X3 had an estimated 45 percent of Graz’s total automobile output in 2006. But the speculations began after BMW executives started suggesting that the next generation X3 could shareunderpinnings with the Z4 and both could end up having the new 3-series architecture and design. To expand plant capacity in Spartanburg, BMW is spending $3 billion. The new plant capacity is expected to convert 140,000 units to 200,000 annually. It already fixed operations, substituting two separate assembly lines with a single flexible one that builds the Z4 and the midsize X5 SUV. Also to be sourced out next year from South Carolina is the new coupe-shaped X6 (based on the X5). BMW pointed several reasons for manufacturing more of the BMW lineup in the U.S, and one of the main reasons is the continued strength of the euro versus the dollar. Magna, on the other hand, a manufacturer that is more focused in producing niche-vehicle, said that it is appealing to customers to fill the excess capacity that seems dismal in a couple ofyears. The said appeal or talking includesPages: [1] 2 3 Updates: Next-gen Bmw X3 to be Made in Us; Magna to Lose ContractBMW AG has officially announced that the next generation BMW X3 SUV will be manufactured at its plant in Spartanburg, South Carolina. This will be built when its present contract of agreement is already used up in 2010 to 2011.Seven "international Engine of the Year" Awards Won byBmwBMW has recently been shopping for awards--- imagine seven awards for four of its engines! Yes, readers BMW has received that many…eat your heart out Mercedes!Seven "international Engine of the Year" Awards Won by BmwBMW has recently been shopping for awards--- imagine seven awards for four of its engines! Yes, readers BMW has received that many…eat your heart out Mercedes!First Aid Supplies Fresh news: © Copyright 2009 - Real Estate |
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