Though not finalized, BMW plans to build the X1 at a new €560 million plant it is building in Shenyang, China. When the plant opens in 2012, the automaker will have a total annual production capacity of 100,000 vehicles. BMW currently builds 3 and 5 Series models for the Chinese market at an existing plant at the same location. It says the plants may be expanded in the future to as many as 300,000 units. In a press release on its China plans, BMW cited the German Association of the Automotive Industry in saying sales of premium vehicles by all automakers in China last year reached 478,000 units (BMW Group sales in China totaled 90,000 units), with projections of more than 1.5 million units annually by 2020. BMW also pledges to increase local sourcing in China.