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New BMW Manufacturing Corp. President Named

6 May 2000

Dr. Helmut Leube has been named president of BMW Manufacturing Corp.

    GREENVILLE, S.C. - Dr. Helmut Leube has been named president of BMW 
Manufacturing Corp., succeeding Dr. Norbert Reithofer, the company announced 
yesterday.
    
    Dr. Leube, 47, began his career with BMW in 1987 as manager of engine
production in the Munich plant.  He has worked as manager of purchasing
engineering, project manager for mid-size car division manufacturing and
general manager of the engineering division in Assembly.   In 1995, he was
named Senior Vice President of corporate logistics and in 1998 assumed
responsibility for integration of production engineering.

    He is a graduate of the Technical University of Aachen/Germany with a
master's and doctorate degree in mechanical engineering.

    "My relationship with BMW Manufacturing goes back to 1992 when I was in
the planning department and BMW first had the idea for a plant in the U.S.
And as the plant began to produce cars in the fall of 1994, I worked with a
team of Assembly managers to move those first vehicles into the market, " Dr.
Leube said.

    "I am so pleased to come to the South Carolina plant where so much has
been accomplished."

    Dr. Reithofer, 43, was named in March to BMW's Board of Management as the
Member responsible for worldwide production with oversight of all BMW
factories throughout the world.

    Dr. Reithofer joined BMW Manufacturing Corp. in October 1997 as chief
operating officer and was named president in April 1998.  He began his career
with BMW in 1987, having served in various capacities in BMW's Munich plant
and as managing director for production at the South African plant.

    BMW Manufacturing Corp. is a subsidiary of BMW AG, Munich, and is one of
15 worldwide factories in the BMW Group.  In addition to the South Carolina
manufacturing facility, BMW's North American subsidiaries include sales,
marketing and financial services operations in the United States, Canada and
throughout Latin America; an information technology consulting and systems
integration firm in South Carolina; a production facility in Mexico; and a
design firm in California.