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BMW committed to SA

2006-10-26 15:44

Tiisetso Motsoeneng

Johannesburg - Premium carmaker BMW South Africa plans to produce 50 000 cars at its Rosslyn plant this year in a bid to help its German-based parent BMW Group achieve €4bn pre-tax profit through record sales volumes for 2006.

Outgoing BMW SA MD Wolfgang Stadler said on Thursday that BMW SA had a 35.6% share of the Plus Segment in South Africa and the highest overall market share of any BMW market outside Germany, at 7.1%.

"Achievement of these goals, without the success and support of subsidiaries around the world would be impossible. BMW SA has set ambitious goals for itself and is proud to be providing a sound contribution in support of these overall Group targets," he said.

Stadler added that the group was currently extending its planning horizon to 2014 and beyond. However, key to the group's continued investment in this country would be government planning regarding replacement of the Motor Industry Development Programme - which comes to an end in 2012.

"We are eagerly awaiting the announcements in this regard," said Stadler, adding that BMW SA was actively engaging its parent company regarding future manufacturing contracts.

Stadler, will be assuming responsibility for the production of BMW's 5, 6 and 7 Series at Plant Dingolfing in Germany on January 1 2007, and Bodo Donauer will replace Stadler at BMW SA.


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