BMW is considering increasing shifts at its Spartanburg, South Carolina plant to raise production by up to 80,000 vehicles. This move comes as automakers seek ways to address the challenges posed by trade tensions and to reassure the U.S. government. According to a report by Bernstein Research, BMW executives informed analysts during a conference call that the luxury carmaker currently has about 30 days of inventory in the U.S., along with some parts inventory. Prices for most U.S. models are expected to remain stable through the end of May.
The conference call took place ahead of BMW's scheduled annual earnings announcement on May 7. The Spartanburg plant, located in a free trade zone, exports about half of its production outside the U.S. This allows BMW to import parts for export vehicles without incurring tariffs, partially easing the pressure from trade issues.