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BMW Is Largest U.S. Automotive Exporter by Value for 7th Consecutive Year

BMW Is Largest U.S. Automotive Exporter by Value for 7th Consecutive Year

by admin
February 11, 2021
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Export Worth From South Carolina Plant Totals Extra Than $8.9 Billion in 2020.
Plant Units New Excessive for Six-Month Manufacturing Interval Regardless of Manufacturing Interruption.

Spartanburg, S.C. – February 11, 2021… For the seventh consecutive yr, BMW Manufacturing led the nation in automotive exports by worth, in response to information launched by the U.S. Division of Commerce. BMW Manufacturing exported 218,820 Sports activities Exercise Automobiles and Coupes throughout 2020 with an export worth of greater than $8.9 billion. The BMWs produced in Spartanburg, South Carolina, have been exported via the Port of Charleston, SC (greater than 189,000 items), and thru 5 different southeastern ports: Savannah, GA; Brunswick, GA; Jacksonville, FL; Miami, FL; and Everglades, FL. Greater than 13,000 BMWs have been additionally exported through rail.

The highest 5 export nations from BMW Manufacturing have been China (23.3% of export quantity), Germany (12.9%), South Korea (7.8%), Canada (6%), and Russia (5.3%).

“Claiming the highest spot as soon as once more for U.S. automotive exports is a direct results of the dedication and dedication of the Plant Spartanburg workforce in the course of the difficult 2020 manufacturing yr,” mentioned Knudt Flor, president and CEO of BMW Manufacturing. “BMW is proud to contribute to the U.S. steadiness of commerce as we proceed to be the main producer of premium automobiles for the world.”

“South Carolina’s lengthy, profitable partnership with BMW proves that the expansion potential in South Carolina is limitless,” mentioned Governor Henry McMaster. “As BMW celebrates main the nation in automotive exports by worth for the seventh straight yr, we all know that with our pro-business local weather and elite workforce they’ve solely scratched the floor of what they’ll obtain in South Carolina.”

“When BMW introduced greater than 28 years in the past the choice to find the corporate’s first North American manufacturing operations in South Carolina, it was a real sport changer for the Palmetto State,” mentioned S.C. Secretary of Commerce Bobby Hitt. “The truth that our state stays the chief within the export gross sales of accomplished passenger automobiles, significantly throughout a difficult yr, is a mirrored image of the unbelievable dedication and partnership between BMW and South Carolina.”

“For greater than 25 years, SC Ports has had a robust partnership with BMW Manufacturing,” mentioned Jim Newsome, SC Ports President and CEO. “BMW exports 70 % of its South Carolina-made automobiles to greater than 125 nations via the Port of Charleston. We’re proud to assist the delivery wants of this world-class automotive firm, and we sit up for continued success for BMW.”

Difficult However Profitable Manufacturing 12 months

Like all automotive producers, Plant Spartanburg skilled a manufacturing interruption as a result of coronavirus pandemic. After a five-week non-production interval, associates returned for one shift on Might 4. With new well being pointers and procedures in place, manufacturing slowly ramped up as the provision chain stabilized and prospects returned in the summertime. Over the last six months of the yr, Plant Spartanburg produced practically 218,000 BMWs, a file for any six-month interval within the manufacturing facility’s historical past. All totaled, the plant produced 361,365 automobiles for the whole yr 2020.

The plug-in hybrid electrical variants of the plant’s two hottest automobiles set manufacturing information in 2020. The BMW X3 xDrive30e (22,964 items) and the BMW X5 xDrive45e (24,248 items) achieved all-time highs, partially, due to a 2019 growth of the battery meeting corridor. These 47,212 electrified BMWs made up 13 % of the plant’s complete manufacturing final yr. BMW has assembled batteries for electrified automobiles since 2015, making the BMW Group a pioneer of electromobility in the USA.

BMW Manufacturing presently produces about 1,500 automobiles every day, exporting greater than two-thirds of its fashions to 125 world markets. The mannequin portfolio contains 5 top-selling BMW X fashions, 4 Motorsport X fashions and two plug-in hybrid electrical X fashions. The manufacturing facility has a manufacturing capability of as much as 450,000 automobiles and employs greater than 11,000 individuals.

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