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Home Auto

BMW Group once again largest US automotive exporter

by The FINANCIAL
February 15, 2021
in Auto
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BMW Group once again largest US automotive exporter
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The FINANCIAL — Export value from US Plant Spartanburg totals more than 8.9 billion US dollars in 2020. New production record for second half-year. Growing percentage of electrified vehicles. According to BMW Group, for the seventh consecutive year, the BMW Group leads the US in automotive exports. Plant Spartanburg in South Carolina exported 218,820 vehicles with an export value of more than 8.9 billion US dollars in 2020. The BMW Group produced a total of 361,365 vehicles at the plant. About 218,000 of these units were manufactured in the second half of the year, setting a new plant record.

“Claiming the top spot once again for US automotive exports is a direct result of the commitment and dedication of the Plant Spartanburg team during the challenging 2020 production year,” said Milan Nedeljković, member of the Board of Management of BMW AG responsible for Production. “Despite the difficult conditions created by the coronavirus pandemic, the plant was able to set a new production record in the second half of the year. This not only demonstrates the strong appeal of our products, but also the exceptional flexibility and outstanding performance capabilities of our production network.”

According to BMW Group, the plug-in hybrid electric variants of the plant’s two most popular vehicles also set production records in 2020. The BMW X3 xDrive30e* and BMW X5 xDrive45e achieved all-time highs of around 23,000 and 24,000 units respectively – accounting for 13 percent of the plant’s total production – thanks, in part, to a 2019 expansion of the battery assembly. The BMW Group has produced high-voltage batteries for electrified vehicles in Spartanburg since 2015.

The top five export countries from Plant Spartanburg are China (23.3% of export volume), Germany (12.9%), South Korea (7.8%), Canada (6%) and Russia (5.3%). The vehicles are exported through the Port of Charleston (more than 189,000 units), and through five other south-eastern ports. More than 13,000 vehicles were also exported via rail.

Plant Spartanburg has been part of the BMW Group’s global production network since 1994 and currently produces about 1,500 vehicles each day, exporting more than two-thirds of its models to customers in 125 markets. The model portfolio includes the five BMW X models: the X3, X4, X5, X6 and X7; four Motorsport X models and two plug-in hybrid X models. The plant has an annual production capacity of up to 450,000 vehicles and employs more than 11,000 people.

Tags: 000 of these units were manufactured in the second half of the year365 vehicles at the plant. About 218820 vehicles with an export value of more than 8.9 billion US dollars in 2020. The BMW Group produced a total of 361automotive exportsBMW Group Plant MunichExport value from US Plant Spartanburg totals more than 8.9 billion US dollars in 2020. New production record for second half-year. Growing percentage of electrified vehicles. According to BMW Groupfor the seventh consecutive yearsetting a new plant record.the BMW Group leads the US in automotive exports. Plant Spartanburg in South Carolina exported 218US Plant Spartanburgvehicles
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