FILE PHOTO: The logo of German car manufacturer BMW is seen on the company headquarters in Munich, Germany, December 5, 2019. REUTERS/Andreas Gebert/File Photo GLOBAL BUSINESS WEEK AHEAD
FILE PHOTO: The logo of German car manufacturer BMW is seen on the company headquarters in Munich, Germany, December 5, 2019. REUTERS/Andreas Gebert/File Photo GLOBAL BUSINESS WEEK AHEAD

BMW will slow down car production to single-shift operation at its largest European plant in Dingolfing in Germany due to semiconductor shortages, the German carmaker confirmed to Xinhua on Wednesday.

“We are monitoring the issue intensively and are in constant exchange with our suppliers on this,” a BMW spokesperson said. “Our goal is to continue to ensure the supply of our plants.”

In late April, BMW already reduced certain shifts at its Oxford and Regensburg plants and at the contract manufacturer VDL Nedcar. German car manufacturers Daimler and Volkswagen also recorded temporary reduction in production due to chip shortages.

Reflecting problems with the global supply of semiconductors, the indicator of production expectations in the German automotive sector dropped from 42 to 10 points in May, the ifo Institute said on Tuesday.

“The automotive industry and its suppliers are significantly scaling back their expectations, but continue to anticipate production increases,” said ifo Institute expert Klaus Wohlrabe in a statement. Enditem

Disclaimer: News Ghana is not responsible for the reportage or opinions of contributors published on the website.

Send your news stories to [email protected] and via WhatsApp on +1-508-812-0505 

For Latest Updates Follow us on Google News
Previous articleUS Committed to Article 5 of NATO Defense Act – Biden
Next articleNine People Dead, 8 Injured as Building Collapses in South Korea
Xinhua News Agency, Xinhuanet is an important central news service-oriented website, an important information organ of the central government, and an important platform for building up China's online international communication capacity. Established on November 7, 1997, as an online news provider of the Xinhua News Agency, it was officially named Xinhuanet on March 10, 2000 and began around-the-clock news release with leading online public opinion at home and setting a good image of China abroad as its main task.

LEAVE A REPLY

Please enter your comment!
Please enter your name here