BMW says no plan to move car production to U.S.

Newswire

FRANKFURT, Dec 20 (Reuters) - German luxury carmaker BMW has no plans to shift production of its cars to the United States, the firm said on Monday. The denial came after industry magazine "Automobilwoche" reported over the weekend that BMW's upgrade of its U.S. plant would enable it to build cars there. "There is no basis for speculations about relocation of production from other plants of the BMW Group to the Spartanburg plant," the firm said in a statement. BMW said its Spartanburg ...

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