Capacity has not been reduced and there has been no change regarding the production of the planned models, Hans-Peter Kemser said in a statement.

Pre-production is ongoing and serial production will start in 2025, according to plan, he added.

Serial production of the Neue Klasse's fully electric X model Sports Activity Vehicle is set to start in Debrecen at the end of 2025. Preparations for production of the Neue Klasse sedan at BMW's plant in Munich are underway, in line with the original plan.

Kemser noted that the Debrecen plant was planned with a maximum annual capacity of 150,000 vehicles. As with all new models or new factories, capacity will be ramped up gradually, he added.

Meanwhile, Robert Bosch Automotive Steering Kft inaugurates HUF 46bn plant

Robert Bosch Automotive Steering Kft inaugurated a HUF 46bn plant in Maklar (NE Hungary) on Friday.

The investment was supported by HUF 10.5bn from the state, Minister of Foreign Affairs and Trade Peter Szijjarto said at the ceremony.

He added that Hungary's GDP growth was set to accelerate noticeably in 2025, in part because of automotive industry investments.

In two years, after manufacturing investments by Mercedes, BMW and BYD are completed, he said Hungary would be among five European countries that turn out an annual 1 million cars.

Szijjarto noted that German-owned companies employed about 300,000 people in Hungary.

Robert Bosch Automotive Steering Kft managing director Michael Zink said the 37,000sqm multifunctional building would serve logistics purposes and house production of limited series products.

The Bosch group in Hungary had net revenue of HUF 2,207bn in the 2023 business year.

Source: 
MTI - The Hungarian News Agency, founded in 1881.

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