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The BMW Manufacturing Co., LLC, also known as BMW Spartanburg, is the BMW Group's only assembly facility in the United States, and is located in Greer, South Carolina. [11] The plant is currently BMW's major global production site for the X3, X4, X5, X6, X7, and XM crossover SUVs, [ 12 ] whose biggest market is the U.S., while other BMW models ...
BMW US Manufacturing Company, LLC: 1400 Hwy 101 S. Greer, South Carolina 29651 BMW X3, BMW X4, BMW X5, BMW X6, BMW X7: Mercedes-Benz Group AG
BMW cars have been officially sold in the United States since 1956 [134] and manufactured in the United States since 1994. [135] The first BMW dealership in the United States opened in 1975. [136] In 2016, BMW was the twelfth highest selling brand in the United States. [137]
This followed a year that saw the acquisition of the DCH Auto Group, one of the 10 largest dealer groups in the country, with 27 dealerships, before being purchased by Lithia Motors. [13] In 2016, Lithia climbed to #346 and that same year made the Fortune 500 List of Top Ten Companies with the biggest jump in rank on the Fortune 500. [14]
A car dealer orders vehicles from the manufacturer for inventory and pays interest (called flooring or floor planning). Dealer holdbacks are a system of payments made by manufacturers to their dealers. [5] The holdback payments assist the dealer's ability to stock their inventory of vehicles and improve the profitability of dealers.
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