'BMW Currency Hedging\r'

'The BMW Group allow for expand drudgery capacity at its US flora in Spartanburg from more or less 150,000 to 240,000 units by 2012. Plans for the expansion atomic number 18 already underway. Capacity at the Oxford MINI plant is to be increased to 260,000 units per annumâ€without making besides investments in infrastructure.The BMW Group impart study the first step towards expanding its capacity in China by raising it from 30,000 to 44,000 units a year. Furthermore, the society depart work on strategically increasing purchasing in US dollars. One boldness is the topical anesthetic content of the vehicles manufactured in the USA. In recent years, it was increased from about 30% to more than 60%. Another aspect is purchasing in the NAFTA region for production in Europe and other regions. In 2006, the NAFTA region accounted for some 9% of BMW’s global purchasing.BMW Group set to pick apart recent descent fieldsThe BMW Group will go to grow by introducing new mo dels going forward. In addition, the company will develop new fields of business and operate along the vehicle lifecycle as well as along the value-added chain. This includes the plan development of new sales convey in the accessories business. In the pre-owned vehicle business, the company operates in the premium pre-owned segment. Both activities are lucrative, since a mere 25% of the tax generated over a vehicle’s lifecycle stems from the new car business. Moreover, the BMW Group plans to stretch out entirely new individual mobility serve as well as avail modules.By adopting this new strategy, the BMW Group has set the path for a future of victory. â€Å"We will continue to write the BMW Group’s success story. Our entire management team is affiliated to this,” Reithofer declared.\r\n'