BMW to invest $400 million in S. Carolina plant

Newswire

By Michael Ellis DETROIT, Sept 25 (Reuters) - German automaker BMW AG will announce on Thursday plans to invest $400 million to expand its Spartanburg, South Carolina plant, where it builds the X5 sport utility vehicle and will make the new Z4 roadster, BMW officials familiar with the plan said. The announcement coincides with the official unveiling of the Z4 at the Paris auto show. The racy Z4, which features BMW's new controversial styling, replaces the classic-looking Z3 roadster, ...

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