BMW to produce engines in China in 2012
BMW AG will launch production of engines in China in 2012 to increase the local content of its Chinese-produced vehicles, reports the Chinese Web site Global Times.
Ian Robertson, BMW's board member for marketing, told reporters at the Detroit auto show that the automaker's joint venture, BMW Brilliance Automotive Ltd., will produce engines at a new plant, according to the Global Times.
Roberston did not offer further details about the engine.
The joint venture also plans to invest 5 billion yuan ($757 million) to build a second assembly plant in the city of Shenyang, in Liaoning province. That plant, which will produce up to 100,000 units annually, will open in 2012.