Report: BMW to raise production capacity to 3 million cars by 2020
Report: BMW to raise production capacity to 3 million cars by 2020
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BMW, the German luxury carmaker Group will hike annual production capacity to 3 million cars by 2020 & also plan to build its X5 off-roader in China.

According to the Handelsblatt, "BMW Group, which includes the Mini and Rolls-Royce brands, and built 2.37 million cars last year, plans to double its production capacity in China to 600,000 cars"

Further added, "In North America and Mexico, production capacity will be increased to 750,000 vehicles from 410,000, the paper said, adding that BMW brand wants to overtake rival Mercedes-Benz, which is owned by Daimler, to reclaim the volume sales crown for premium carmakers."

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