BMW Reduces Production at Two Plants Due to Chip Shortage
April 29 2021 - 6:56AM
Dow Jones News
By Kim Richters
BMW AG said Thursday that it is adjusting production at plants
in the U.K. and Germany due to the world-wide chip shortage that
continues to hamper the auto industry.
The German luxury-car maker is reducing some shifts at a plant
in Oxford, U.K. from Friday until Wednesday and in Regensburg,
Germany, this Thursday and Friday. The Oxford site produces Mini
cars while Regensburg makes BMW brand cars.
"Our goal is to continue to ensure the supply of our plants," a
company spokeswoman told Dow Jones Newswires.
"We have ordered the required volume for 2021 on time and expect
our suppliers to deliver according to the orders as per contract,"
she said, referring to semiconductor orders.
This is the first time BMW is adjusting production due to a
supply shortage that started last year and which has already forced
other car makers like Volkswagen AG to adapt production.
BMW's production adjustment was first reported by the Financial
Times.
Write to Kim Richters at kim.richters@wsj.com
(END) Dow Jones Newswires
April 29, 2021 06:41 ET (10:41 GMT)
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