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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Bayerische Motoren Werke AG | TG:BMW | Tradegate | Ordinary Share |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.50 | 0.49% | 103.05 | 102.85 | 103.20 | 103.25 | 101.95 | 102.35 | 37,586 | 22:50:02 |
By Jessica Sier
BMW AG will keep production suspended at its European and North American plants until April 30 with the coronavirus hurting demand, the company said Monday.
"There is still underlying demand, but since showrooms are closed, customers can neither order cars nor take delivery of them as usual," the German car maker said. "It will therefore take even longer for the markets to recover."
BMW began shutting down plants throughout Europe in March after the coronavirus shuttered operations in China. The virus also prompted auto manufacturers to implement measures to protect workers from infection.
BMW said its Chinese joint venture partner BBA resumed production at its Shenyang plants on Feb. 17.
Write to Jessica Sier at jessica.sier@wsj.com
(END) Dow Jones Newswires
April 06, 2020 07:45 ET (11:45 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
1 Year Bayerische Motoren Werke Chart |
1 Month Bayerische Motoren Werke Chart |
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