BMW eyes Asian market expansion

Newswire

By Vithoon Amorn BANGKOK, July 29 (Reuters) - German luxury car maker BMW AG unveiled its expansion plans for Asia on Monday, saying the region will be the main area of growth over the next decade. Norbert Reithofer, board member for global production, said BMW would start assembly and export of its flagship 7-Series limousines from its Thai assembly plant in Rayong in early 2003. "We strongly feel that the growth of the world automotive markets in the next 10 years, especially that of ...

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