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February 27, 2021
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BMW PRODUCTION
(2008-03-10)
(wgvu) - ON ONE SIDE OF THE ATLANTIC OCEAN, BMW SAYS IT
WILL CUT 7.5 PERCENT OF ITS WORK FORCE OVER TWO YEARS.
ON THIS SIDE OF THE WATER, THE COMPANY SAYS IT PLANS TO INCREASE
PRODUCTION BY MORE THAN 50 PERCENT BY 2012.
THE EURO CLIMBED TO RECORD HEIGHTS FRIDAY, MEANING EUROPEAN
GOODS COST MORE FOR AMERICANS TO BUY.
BY BUILDING THE CARS IN THE U.S., BMW CAN SAVE MONEY ON THE
LOWER DOLLAR AND ON WAGES SINCE ITS SOUTH CAROLINA WORKERS MAKE
LESS THAN GERMAN WORKERS.
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