16 October 2013

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Early call from BMW to increase production for i3

Early call from BMW to increase production for i3

The 2014 BMW i3 is to hit US showrooms until the second quarter of next year, but the response BMW has received for the all-electric hatchback has been positive enough that the automaker is already considering boosting production capacity. Bloomberg Businessweek reports that more than 8,000 customers have reserved an i3 so far, which is high, especially considering that BMW only planned to sell 10,000 i3s total in 2014.

Talking to BMW CFO Friedrich Eichiner, the report says that if the demand holds for the i3, BMW would increase capacity accordingly. The i3 goes on sale next month in Germany before a global roll out in the US, China and Japan, and with a starting price of $41,350, it is priced slightly higher than current small plug-in vehicles offered in the US like the Chevy Volt, Ford Focus Electric and Toyota Prius Plug-in, though features more use of advanced, lightweight materials.

Customers have reserved more than 8,000 of the compact city car, which will cost $41,350 in the U.S., even before the battery-powered model hits European showrooms next month, Chief Financial Officer Friedrich Eichiner said late yesterday. “If demand holds, which is what it’s looking like, we will soon have to invest more,” he said at a press conference in Amsterdam. BMW expects to sell more than 10,000 of the i3 next year and “will adjust capacity according to demand.”


Early call from BMW to increase production for i3


The i3 will go on sale in Germany for 34,950 euros ($47,440) on Nov. 16, followed by the U.S., China and Japan in the first half of next year. The model made its public debut July 29 at simultaneous events in New York, London and Beijing. The push to sell the electric car and recoup investments in the technology underpinning the vehicle include an international print, TV and Internet advertising campaign.




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