BMW to Build its First Plant in Brazil to Capitalize on Rising Sales
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BMW to Build its First Plant in Brazil to Capitalize on Rising Sales



The only solution for any manufacturer to dampen a sales slump in its home market or region is to expand its operations on a global level. Ford, GM, Fiat and other mainstream carmakers have been doing it for years, and now, even higher-end companies like the BMW Group are joining in.

On Thursday, the BMW Group confirmed plans to erect a new assembly plant in Latin America's largest economy, Brazil, where the German brand has seen its annual sales increase by an average of 74 percent since 2009, to 15,200 deliveries last year.

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