Good news on top of good news is great. At least that's how Taylor BMW feels. And we think those in the Evans area will wholeheartedly agree when we tell you about the latest 2012 automotive forecast. Industry experts are predicting a 4-percent increase in the overall market and more than double that amount of growth in the premium segment. Translated for BMW, this means more opportunity to expand and take advantage of consumer hunger.
More specifically, our favorite German automaker is expected to seize growth prospects in the United States, China, Latin America and India. While Taylor BMW is most excited about that first market location, we're also encouraged to know that BMW will reach its arms all across the globe.
Friedrich Eichiner, BMW Finance Chief, discloses, "We will make a final decision on Brazil in the coming weeks. After that we could look at other sites. It is also possible that we expand existing plants."1
In addition to expansion of its 3-Series line and development of other new BMW models, you may remember that BMW made an advancement in carbon fiber research this past year as well. To refresh your memory, the progressive automaker gained a 15.7-percent share in carbon fiber maker SGL Group to further support the future use of this lightweight material. At this time, BMW has not released any official plans to raise its stake but when it does make a change, Taylor BMW will be sure to share.
To stay on par with everything going on in 2012, be sure to keep up with our BMW blog. If you have specific questions along the way, direct them towards our team of brand experts at Taylor BMW, 4180 Washington Rd. Evans, GA 30809-3086.