BMW & Toyota shut European plants as coronavirus pandemic rages across continent ...United Arab Emirates

Germany’s BMW and Japan’s Toyota have joined the list of global carmakers closing their manufacturing plants across Europe due to the Covid-19 outbreak which has become a huge blow to the automobile industry. “From today, we will shut down our European car factories and the Rosslyn factory in South Africa,” BMW’s chief executive, Oliver Zipse, said. The interruption could last until April 19, he explained. BMW, which makes Minis at its Cowley plant near Oxford, said its 2020 profits will be significantly lower. The company is shutting factories that accounted for half of the 2.6 million cars it has built in 2019.

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BMW & Toyota shut European plants as coronavirus pandemic rages across continent ...United Arab Emirates

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