1 Million BMW Cars Manufactured.

BMW Manufacturing Co., has manufactured its one millionth car, 12 years
after the first car rolled off the production line.

The millionth vehicle, which came off the line on February 28, 2006, is a Z4
M Roadster in Interlagos Blue with a Champagne Leather individual interior,
a custom Ash-Walnut wood trim, 18-inch alloy wheels and an engine that takes
the vehicle from 0-60 mph in 4.9 seconds. Due to its historical significance
to BMW and the South Carolina factory, the roadster will remain at the factory
in the Zentrum museum as part of the BMW Mobile Tradition Collection.

This year also marks the 10th anniversary of roadster production. BMW was the
first automaker to reintroduce a luxury roadster to the public with the Z3 Roadster
in 1996. The Z4 Roadster, the first next-generation vehicle launched at the
Spartanburg plant, began production in October 2002 and the 100,000th Z4 was
built in November 2004.

The updated Z4 Roadster and the new Z4 M Roadster, the latest additions to
the roadster family, were showcased at the Chicago Auto Show last month. Production
of the updated Z4 Roadster began in January. Production of the all-new Z4 M
Roadster, Z4 Coupe and M Coupe will begin this spring.

The Upstate plant has also undergone various expansions and restructurings
since opening in July 1994.

• 1996
  Added 300,000 square feet of manufacturing space in Body and Assembly areas.
• 1998
  Expanded Body and Assembly areas to build the X5 Sports Activity Vehicle,
  increasing the square footage of the factory from 1.2 million square feet
  to 2.1 million square feet and adding approximately 1,000 workers.
• 2000
  Constructed a new 189,000-square-foot shop for the Z4 Roadster, completed
  a 90,000-square-foot automated warehouse/sequencing center, an 18,000-square-foot
  Information Technology Center to house communications and data services systems
  and a 60,000-square-foot Performance Center that offers driving experiences
  and schools for enthusiasts of all levels and abilities, all adjacent to the
  plant.
• 2005
  Completed the BMW Information Technology Research Center (ITRC), dedicated
  to the research of advanced automobile information technology on the Clemson
  University ICAR campus, refurbished the former TNS Mill into a logistics center,
  constructed a Process Development Center, which links BMW with its North American
  suppliers, and provides pre-production evaluation of supplier components for
  U.S.-made BMW vehicles.
• 2006
  Demolished the two-line assembly system and converted it to a single-line
  system, which allows for additional flexibility to handle seasonal fluctuation
  of models, as well as the introduction of new models to markets in a shorter
  lead time, and constructed a new high-speed manufacturing testing facility.

Employment has grown steadily at BMW Manufacturing. When BMW announced in 1992
that it would locate its first U.S. factory in Upstate South Carolina, the company
pledged to employ 2,000 associates by the year 2000. BMW employed 3,000 associates
by year 2000 and today about 4,500 associates work at the plant.

Vehicle production has also increased to meet growing customer demand. Production
grew from 51,878 units in 1999 to 166,090 in 2003.