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Munich,
Germany - BMW will be launching a completely new model series in the
upper segment of the lower middle class by the year 2004. This new
model series is an important element of the reorientation of the
company announced in mid-March. The development of the new BMW model
series is moving forward at top speed, with a number of concepts being
pursued at the moment.
The
BMW Group has decided to start production for the new model series in
the Regensburg factory. However, the existing capacity within the BMW
production network is not sufficient for the additional production
volume required for the new model series. BMW is therefore planning to
build a completely new factory. The decision in regard to the location
will be of very long-term nature and will require thorough,
comprehensive examination. A decision will probably be reached by
mid-2001. It is not yet certain which models will be produced in the
new plant.
At
today's works meeting in the Regensburg factory, Dr. Norbert Reithofer,
Member of the Board of Management of the BMW Group, responsible for
production, stated: "The Regensburg plant has excellent
experience in production start-ups and can thus guarantee the high
standards of the BMW quality for the new model from the very
beginning. Flexibility in shifting models from one plant to another
within the BMW production network will become even more important in
the future, and this will then increase the agility of the entire
company."
There
were several reasons for the decision to start production in the BMW
plant in Regensburg. The active use of the BMW production network,
with standardized production elements and sequences is efficient and
ensures that the individual plants are utilized permanently. Increased
flexibility in shifting models from one plant to another will also
mean shorter delivery periods for customers. In addition, starting the
production of a new model in an existing plant with proven experience
will save time and mean that the new workforce can be given intensive
training in the new factory.
In
the past weeks, the general requirements for a possible new location
have been specified: A sufficiently large site, over two square
kilometers; good traffic connections (motorway, railway, airport);
trained staff and staff who can be trained; the ability to be linked
with the BMW production network; the attractiveness of the local
market and the overall costs are all important. The general political
climate is also of crucial significance. The project will create
several thousand jobs at BMW and its suppliers.
BMW
builds primarily 3 Series models at the Regensburg plant.
(13.
July 2000) |