| Type | Public, non listed |
|---|---|
| Founded | 1985 |
| Headquarters | Toluca, Mexico (Production) Mexico City, Mexico (Headquarters) |
| Products | Automobiles, Engines, Motorcycles |
| Website | www.bmw.com.mx |
BMW Mexico, full name: Bayerische Moteren Werke de México S.A. de C.V. also known as Lerma Motors is the independent Mexican owned subsidiary of German Bayerische Moteren Werke AG headquartered in Mexico City, Mexico. It is a publicly owned non stock market listed independent branch of the German based BMW AG.[1]
BMW de Mexico has two production facilities in Lerma, Toluca, Mexico State[2][3] in one the company manufactures BMW motorcycles and in the second the company manufactures the BMW 3 series,[4] BMW 5 series,[5] BMW 7 series[6] and BMW X5.[7]
BMW de Mexico was initially setup as a joint venture between BMW AG of Germany and group of Mexican investors to manufacture BMW vehicles for the local Mexican market as Mexican law at the time required all vehicles sold in the country to be assembled locally. Initially the cars were built from kits shipped from Germany but by the 90's had begun to use a large percentage of Mexican components, and now not only do Mexican built BMW's utilize Mexican parts, but the Mexican suppliers of BMW de Mexico now supply parts for BMWs sold in the mainstream international market.[8] In 2010, BMW AG of Germany announced plans to invest $1 billion USD into Mexican auto parts suppliers to increase the supply of Mexican built parts and increase the overall percentage of Mexican components in BMW vehicles.[9]
In addition to its basic civilian vehicle line, BMW de Mexico also manufactures armored high security versions of the BMW 3, 5, 7, and X5 vehicles.[10][11] In 2001 the Italian government purchased 30 armored BMW sedans for the Italian national police from BMW de Mexico.[12]