BMW transfers engine production to UK, Austria

Wednesday, 18. November 2020 18:58

BMW revealed on Wednesday the carmaker would move its manufacturing of combustion engines to factories based in Austria and England due to Germany shifting focus on electric vehicles. Engine production will be moved to Hams Hall, England, and Steyr, Austria, according to the company.

In the same statement, BMW explained its German factories would undergo a restructuring process so each plant produces "at least one fully electric car" by the end of 2022. The company also unveiled a €3 billion plan to promote low-emission cars. The Munich plant will be provided with a 400 million investment by 2026, in order to become able to make next-gen electric vehicles.

Related Links: BMW AGBMW AG
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Breaking the News / ND