BMW Recalls 1.5 Mn Vehicles Over Brake Problem, Cuts Outlook
Date
9/10/2024 3:43:39 PM
(MENAFN- The Peninsula)
AFP
Frankfurt, Germany: BMW said Tuesday it was recalling about 1.5 million vehicles due to problems with their brakes, prompting the German luxury carmaker to cut its outlook for the year.
The auto giant said vehicle deliveries in 2024 would now come in slightly lower than the previous year, after having earlier expected an increase. It also lowered its guidance for profitability.
MENAFN10092024000063011010ID1108659160
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.