EU Capacity Glut? Not At BMW

Not all automakers in Europe have too much capacity. BMW will invest $388 million over the next three years to increase capacity at its Mini plants in the UK, Reuters says. BMW needs more engines and more body parts for more Minis, and it invests the money into its engine plant in Hams Hall and the steel pressing facility in Swindon for just that purpose. No additional jobs will be created. Other automakers such as Nissan and Honda also increase capacity in the UK. from The Truth About Cars http://www.thetruthaboutcars.com

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