BMW (FRA:BMW)

Add a New Bulls Reason Company: BMW (FRA:BMW) Current price: Headline: (100 character max) Analysis: Cancel 100% agree 1 votes   BMW begins to build second plant in China Top Contributor: Lawrence Gu | Created when FRA:BMW was $30.60 | Edit | History BMW has joined the ranks of other auto makers such as Ford, Volkswagen, Honda, and other foreign car makers in building another plant in China in 2009. BMW will build a second plant in China in Shenyang, which will increase its capacity in China to 100,000 cars per year. BMW's stronghold in China as a well known luxury brand joined with its increase capacity will bring greater sales for BMW. (100 character max) Cancel 0% agree 0 votes   BMW's shift to Mexican auto parts cuts down costs Top Contributor: Lawrence Gu | Created when FRA:BMW was $40.07 | Edit | History BMW is considering to invest more than $1 billion USD in Mexico to prepare local auto-parts companies to boost supplies to its U.S. plants. By choosing to purchase abroad rather than exporting from Germany, BMW is lowering costs by more than $4.9 billion USD by 2012 as well as reducing the impact of currency swings on earnings. (100 character max) Cancel

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