Tag: BMW

BMW
Tuesday, April 24th 2012 - 06:16 UTC

BMW sales in Brazil drop 30% because of tax rise; factory investment on hold

Henning Dornbusch, nevertheless “a country with a very, very big potential”

Bayerische Motoren Werke AG (BMW), the world’s largest luxury automaker, posted a 30% drop in first-quarter sales in Brazil due to a tax rise for imported cars, said Henning Dornbusch, the company’s country head.

Wednesday, January 25th 2012 - 07:37 UTC

BMW plans to build cars in Brazil as of 2014

The German corporation is the world’s largest luxury carmaker

Germany’s BMW Ag., the world’s largest luxury carmaker plans to build cars in the Brazilian state of Santa Catarina from 2014 reports Automobilewoche.

Saturday, August 6th 2011 - 08:26 UTC

Germany’s BMW planning assembly plant in Brazil to cater Mercosur luxury car demand

CEO Norbert Reithofer said BMW targets full year sales of 1.6 million units

German automaker BMW said this week it would probably build its first assembly plant in Brazil after strong demand for luxury cars generated stellar earnings for the global leader.

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