Success in my Habit

Wednesday, March 16, 2011

BMW raises capacity at Chennai unit

MUNICH: German carmaker BMW has increased capacity at its Chennai manufacturing facility to 10,000 vehicles per annum from 6,000 vehicles as it looks to strengthen its number one position in the luxury car segment, it said on Tuesday.

"If the market continues to grow at the same pace, we could consider looking at a second production facility by 2015," said its board member Ian Robertson . The company, which so far been assembling the 3 series, 5 series, and X1 models in India, is looking at assembling the X3 model in the country by middle of the year.

Concerns over rising oil prices have prompted the company to enhance focus on its electric (i range) and hybrid range of cars for emerging countries such as India, China, and Brazil. From 2013, BMWi will offer highly sustainable electric cars and the i3 will be the first all-electric vehicle for urban centres, Mr Robertson said. "We are continuously looking at new models and cannot rule out launch of the second generation of the BMWi series in emerging markets," he said.

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