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What will be the impact on BMW's stock price by Sep 30, 2024, due to the recall announcement?
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Story
BMW to Recall Up to 1.4 Million Cars in China Over Takata Airbag Risks
Aug 16, 2024, 07:45 AM
BMW is set to recall more than 1 million vehicles in China due to potential risks associated with Takata airbags. The recall involves a total of 1.36 million cars, including both locally-produced and imported models, manufactured between 2003 and 2017. The decision follows concerns raised by Chinese regulators over the safety of these airbags. BMW Brilliance Automotive, a joint venture based in China, will oversee the recall process. Some reports indicate the recall could affect up to 1.4 million cars.
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