Johannesburg - BMW has kick-started its R6 billion investment in South Africa for the production of the new generation BMW X3 by acquiring a vacant stand adjacent to its plant in Rosslyn in Pretoria for a new state-of-the-art body shop.
Tim Abbott, the managing director of BMW South Africa, said the acquisition of the additional land would allow them to build a new body shop while still continuing production of the BMW 3-Series.
“That was the first piece of investment. We just broke ground there last week and are beginning to clear the site,” Abbott said on the sidelines of the celebrations for BMW Group’s centenary in Munich in Germany this week.
BMW announced in November that it would be investing R6bn in South Africa after awarding a contract to its Rosslyn plant for the production of the new generation X3 for the domestic and export markets, but at the time provided scant details about the investment.
Abbott said this week that the latest investment by BMW in South Africa was the single largest automotive investment ever in the country and “was not an easy decision”.