German car manufacturer BMW will stop production at all its European plants for four weeks due to coronavirus.
BMW has taken a similar step as the Volkswagen automobile group, which is closing its European plants, including the Czech ones, for two to three weeks.
“Starting today, we are shutting down our European car factories and the Rosslyn plant in South Africa. Resumption of production is planned for April 19,” Zipse said.
He justified the decision of the automaker by the expected significant drop in demand for cars in all top markets. “We adapt our production volume flexibly to demand,” he said.
Daimler, Ford Motor, French PSA, and Italian-American car manufacturer Fiat Chrysler Automobiles are also planning to close their European operations.