BMW to shut down factories over coronavirus
German carmaker BMW said Wednesday it would close European and South African factories accounting for half its output for a month, matching other car giants stricken by coronavirus containment measures.
It also warned that profits this year would be significantly lower as a result of the crisis, The Economic Times reported.
"From today, we will shut down our European car factories and the Rosslyn factory in South Africa," chief executive Oliver Zipse said, adding that the interruption is expected for now to last "until April 19".
BMW's factories around Europe - in Bavaria, elsewhere in Germany and further afield - combined with the South Africa plant accounted for half the 2.56 million cars the group built in 2019.
Տեքստում սխալ կամ վրիպակ նկատելու դեպքում, ուղարկեք խմբագրին հաղորդագրություն` նշելով տվյալ սխալը, այնուհետև սեղմելով Ctrl-Enter:
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17:00
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16:35
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14:23
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13:30
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13:19
Yerevan City Council member resigns
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12:42
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12:16
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11:35
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11:15
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In particular, the road linking the Amberd...
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11:03
Armenian church commemorates St. Stephen the Protomartyr
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17:00
Artur Vanetsyan to be a guest on Imnemnimi podcast on December 25
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16:46
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16:24
Hayakve condemns government's indifference towards Syrian Armenians
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15:34
Politician slams Pashinyan's Artsakh claims as 'a blatant lie'
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14:33
Bashar al-Assad's wife reportedly files for divorce
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14:07
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13:30
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13:08
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12:34
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12:15
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12:06
Armenia ballet artists perform 'The Nutcracker' in Italy
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11:35
Pashinyan admits 'a big mistake' over Karabakh negotiation process
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Source Panorama.am
11:15
Drivers warned about icy roads in Armenia's Syunik
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In particular, the road linking the Amberd high...
Source Panorama.am
11:00
Putin meets Slovak PM in Moscow
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17:30
Expert blasts My Step Foundation's 'unacceptable' response to Panorama.am
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Source Panorama.am
16:30
US avoids government shutdown with last-minute funding bill
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Source Panorama.am
16:01
Barack Obama's top 10 movies of 2024 includes ‘Anora' starring Armenian actors
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