ADVERTISEMENT
  • News
  • New York
  • Technology
  • Culture
  • Entertainment
  • Sport
  • More
    • Politics
    • Lifestyle
    • TV
    • Games
Monday, May 19, 2025
  • Login
No Result
View All Result
NEWSLETTER
FINCHANNEL
  • Home
  • Business
    • BANKS
      • GeoBanks
    • Finance
    • Insurance
    • Markets
    • Pharmacy
    • Press Releases
    • RealEstate
    • RealEstate
    • Finance
    • Insurance
    • Banks
      • GeoBanks
    • Markets
    • Press Releases
    • Personal Finance
  • World
    • Americas
    • Europe
    • Georgia
      • Media
    • Ukraine
    • Europe
    • Georgia
      • Media
    • Ukraine
    • Americas
    • UK local news
  • Travel
    • Hotels in Georgia
    • Tours in Georgia
  • Videos
    • Promos
    • Soundslides
    • TheClinics
    • TheHoteliers
    • TheUniversities
    • TheHoteliers
    • TheClinics
    • TheUniversities
    • BestWorkplaces
    • Soundslides
    • Promos
    • Banking Forum
      • Promos
      • Soundslides
      • TheClinics
      • TheHoteliers
      • TheUniversities
  • Opinion
    • Editorial
      • Analysis
      • GORBI
      • OP-ED
      • VISA Editorial
    • Analysis
    • Gorbi
    • Book reviews
  • Tech
  • Interview
  • People
    • lifestyle
    • Health & Beauty
      • Coronavirus
    • LifeStyle
    • Employment
      • MyCareer
    • Education
    • Media
    • Celebrities
  • Oil&Auto
    • Auto
    • Energy
  • EN
    • EN
    • GE
  • Home
  • Business
    • BANKS
      • GeoBanks
    • Finance
    • Insurance
    • Markets
    • Pharmacy
    • Press Releases
    • RealEstate
    • RealEstate
    • Finance
    • Insurance
    • Banks
      • GeoBanks
    • Markets
    • Press Releases
    • Personal Finance
  • World
    • Americas
    • Europe
    • Georgia
      • Media
    • Ukraine
    • Europe
    • Georgia
      • Media
    • Ukraine
    • Americas
    • UK local news
  • Travel
    • Hotels in Georgia
    • Tours in Georgia
  • Videos
    • Promos
    • Soundslides
    • TheClinics
    • TheHoteliers
    • TheUniversities
    • TheHoteliers
    • TheClinics
    • TheUniversities
    • BestWorkplaces
    • Soundslides
    • Promos
    • Banking Forum
      • Promos
      • Soundslides
      • TheClinics
      • TheHoteliers
      • TheUniversities
  • Opinion
    • Editorial
      • Analysis
      • GORBI
      • OP-ED
      • VISA Editorial
    • Analysis
    • Gorbi
    • Book reviews
  • Tech
  • Interview
  • People
    • lifestyle
    • Health & Beauty
      • Coronavirus
    • LifeStyle
    • Employment
      • MyCareer
    • Education
    • Media
    • Celebrities
  • Oil&Auto
    • Auto
    • Energy
  • EN
    • EN
    • GE
No Result
View All Result
FINCHANNEL
No Result
View All Result
Home Business Auto

BMW Group once again largest US automotive exporter

The FINANCIAL by The FINANCIAL
February 15, 2021
in Auto
Reading Time: 2 mins read
8
A A
0
BMW Group once again largest US automotive exporter
Share on FacebookShare on Twitter

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.

RelatedPosts

The Advantages of Choosing Reputable Used Car Dealerships

Trends: Cars have become twice as powerful and fuel efficient

What Are the Most Common Injuries Sustained in Motorcycle Accidents?

THE DUQUEINE TEAM FORCED TO WITHDRAW DUE TO ENGINE FAILURE.

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

Related Posts

Tips for getting the best value for car India
Auto

The Advantages of Choosing Reputable Used Car Dealerships

by The FINANCIAL
March 31, 2025
0

  Table of Contents Introduction Understanding the Difference What are Certified Pre Owned Vehicles? Inventory Turnover Professional Expertise Post Purchase...

Read more
Trends: Cars have become twice as powerful and fuel efficient

Trends: Cars have become twice as powerful and fuel efficient

December 23, 2024
What Are the Most Common Injuries Sustained in Motorcycle Accidents?

What Are the Most Common Injuries Sustained in Motorcycle Accidents?

September 8, 2024
THE DUQUEINE TEAM FORCED TO WITHDRAW DUE TO ENGINE FAILURE.

THE DUQUEINE TEAM FORCED TO WITHDRAW DUE TO ENGINE FAILURE.

June 19, 2024

Discussion about this post

  • Trending
  • Comments
  • Latest
Ampersand wins £22m five-year contract at London Zoo

Ampersand wins £22m five-year contract at London Zoo

June 25, 2012
U.S. Lifts Sanctions on Syria: How This Will Affect Recognition of Russia-occupied Territories?

U.S. Lifts Sanctions on Syria: How This Will Affect Recognition of Russia-occupied Territories?

May 15, 2025
U.S. Money Reserve Reviews Why Other Nations May Want to Move Away From the Dollar

U.S. Money Reserve Reviews Why Other Nations May Want to Move Away From the Dollar

May 13, 2025

The World’s First Operating System for Smart Cities

May 16, 2025
BMW Group sources aluminium produced using solar energy

Global solar PV growth expected to slow to 10% in 2025, reaching 655 GW new installations

May 6, 2025

The World’s First Operating System for Smart Cities

May 16, 2025
Brooklyn Park Man Pleads Guilty to His Role in $250 Million Feeding Our Future Fraud Scheme

Two Men Sentenced for Real Estate and Tax Fraud

May 16, 2025
Teacher arrested, charged with distribution and possession of child pornography

Army Soldier Charged with Child Pornography Offenses

May 16, 2025
Why Is Geographic Mobility Declining?

Why Is Geographic Mobility Declining?

May 16, 2025
Self-Made Millionaire at 14 Shares His Empowering Journey From Food Stamps to Financial Freedom

Self-Made Millionaire at 14 Shares His Empowering Journey From Food Stamps to Financial Freedom

May 16, 2025
ADVERTISEMENT

Popular Last 24h

  • Ampersand wins £22m five-year contract at London Zoo

    Ampersand wins £22m five-year contract at London Zoo

    3326 shares
    Share 1330 Tweet 832
  • The London Diplomatic List, Addresses, Contacts & Working Hours

    2991 shares
    Share 1196 Tweet 748
  • Magical Night: Unique Hotels in Scandinavia

    685 shares
    Share 274 Tweet 171
  • Global solar PV growth expected to slow to 10% in 2025, reaching 655 GW new installations

    82 shares
    Share 33 Tweet 21
  • The World’s First Operating System for Smart Cities

    36 shares
    Share 14 Tweet 9
  • Rising Demand for Cybersecurity in Real-Time Operating Systems (RTOS)

    41 shares
    Share 16 Tweet 10
  • PwC to Cut 1,500 U.S. Jobs as Part of Strategic Workforce Adjustment

    165 shares
    Share 66 Tweet 41

LATEST POSTS

The World’s First Operating System for Smart Cities

May 16, 2025
Brooklyn Park Man Pleads Guilty to His Role in $250 Million Feeding Our Future Fraud Scheme

Two Men Sentenced for Real Estate and Tax Fraud

May 16, 2025
Teacher arrested, charged with distribution and possession of child pornography

Army Soldier Charged with Child Pornography Offenses

May 16, 2025
Why Is Geographic Mobility Declining?

Why Is Geographic Mobility Declining?

May 16, 2025
Self-Made Millionaire at 14 Shares His Empowering Journey From Food Stamps to Financial Freedom

Self-Made Millionaire at 14 Shares His Empowering Journey From Food Stamps to Financial Freedom

May 16, 2025
Why Board Portals Are Vital for Modern Businesses?

When Is the Best Time to Apply for a Business Loan?

May 16, 2025
HX5 Maintains Excellence in Mission-Critical Operations Through Navigating Regulatory Challenges

HX5 Maintains Excellence in Mission-Critical Operations Through Navigating Regulatory Challenges

May 16, 2025
How to Budget for a New Car Without Sacrificing Your Lifestyle

How to Budget for a New Car Without Sacrificing Your Lifestyle

May 16, 2025
U.S. Lifts Sanctions on Syria: How This Will Affect Recognition of Russia-occupied Territories?

U.S. Lifts Sanctions on Syria: How This Will Affect Recognition of Russia-occupied Territories?

May 15, 2025
Cyber risks are one of the biggest threats to the digital and networked economy

Munich Re posts net result of €1.1bn in Q1 despite high major-loss expenditure

May 15, 2025

LATESTBUSINESS

Brooklyn Park Man Pleads Guilty to His Role in $250 Million Feeding Our Future Fraud Scheme

Two Men Sentenced for Real Estate and Tax Fraud

by The FINANCIAL
May 16, 2025
0

Cyber risks are one of the biggest threats to the digital and networked economy

Munich Re posts net result of €1.1bn in Q1 despite high major-loss expenditure

by The FINANCIAL
May 15, 2025
0

Cryptocurrency Total Market Cap Jumped 80% After COVID-19 Crash

Confidence in regulation of the crypto and digital assets sector is rising, study

by The FINANCIAL
May 15, 2025
0

U.S. Money Reserve Reviews Why Other Nations May Want to Move Away From the Dollar

U.S. Money Reserve Reviews Why Other Nations May Want to Move Away From the Dollar

by The FINANCIAL
May 13, 2025
0

Thomas Priore Discusses How Unified Commerce is Transforming Business Financial Operations

Thomas Priore Discusses How Unified Commerce is Transforming Business Financial Operations

by The FINANCIAL
May 13, 2025
0

Homes Sold Faster than Ever in 2017

Tariffs Spur Home Improvement Shock: ‘Prices to Skyrocket,’ Expert Warns

by The FINANCIAL
May 7, 2025
0

Turkcell and Huawei Complete World’s First LTE Spectrum Coordination on a Commercial Network

Huawei Digital Power’s All-Scenario Grid Forming ESS Accelerates the Global Energy Transition and Construction of New Power Systems

by The FINANCIAL
May 7, 2025
0

PwC: Policymakers Must Offer Clarity and Coordination to Secure Net-Zero

PwC to Cut 1,500 U.S. Jobs as Part of Strategic Workforce Adjustment

by The FINANCIAL
May 6, 2025
0

GET IN TOUCH

Submit guest post/Letters to the Editor:

editor (at) finchannel.com

Sales & Marketing: (+995 558) 03 03 03 Email: marketing (at) finchannel.com

Whatsup: (+995 599) 96 52 52

Georgia:

(+995 599) 96 52 52 Email: editor (@) finchannel.com

Postal address: 17 Mtskheta str. Tbilisi, Georgia 0179 The FINANCIAL

RESOURCE

  • Work at the FINANCIAL
  • ePaper
  • Advertise in The FINANCIAL
  • Access ePaper
  • Guest posts
  • Contributed articles
  • AmericanStockNews
  • Coupon Codes
  • GLOSSY MAG
American Culture Center
ACC Partner

GUIDEBOOK

  • Meet our team
  • Invest in Georgia
  • Become contributor
  • Archive

FOLLOW US

  • Facebook
  • Twitter
  • Google+
  • Youtube
No Result
View All Result
  • Home
  • Business
    • BANKS
      • GeoBanks
    • Finance
    • Insurance
    • Markets
    • Pharmacy
    • Press Releases
    • RealEstate
    • RealEstate
    • Finance
    • Insurance
    • Banks
      • GeoBanks
    • Markets
    • Press Releases
    • Personal Finance
  • World
    • Americas
    • Europe
    • Georgia
      • Media
    • Ukraine
    • Europe
    • Georgia
      • Media
    • Ukraine
    • Americas
    • UK local news
  • Travel
    • Hotels in Georgia
    • Tours in Georgia
  • Videos
    • Promos
    • Soundslides
    • TheClinics
    • TheHoteliers
    • TheUniversities
    • TheHoteliers
    • TheClinics
    • TheUniversities
    • BestWorkplaces
    • Soundslides
    • Promos
    • Banking Forum
      • Promos
      • Soundslides
      • TheClinics
      • TheHoteliers
      • TheUniversities
  • Opinion
    • Editorial
      • Analysis
      • GORBI
      • OP-ED
      • VISA Editorial
    • Analysis
    • Gorbi
    • Book reviews
  • Tech
  • Interview
  • People
    • lifestyle
    • Health & Beauty
      • Coronavirus
    • LifeStyle
    • Employment
      • MyCareer
    • Education
    • Media
    • Celebrities
  • Oil&Auto
    • Auto
    • Energy
  • EN
    • EN
    • GE

© 2025 Intelligence Group llc

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.