Automakers

BMW, Stellantis warn on surging costs as recession looms in Germany

BMW iX production Dingolfing
Production of the iX electric SUV is pictured at BMW's factory in Dingolfing, Germany. (www.guenterschmied.com)
B
By:
Bloomberg
November 04, 2022 04:04 PM

Stellantis has joined BMW in warning that Europe is struggling to cope with surging costs. As a result,  consumers in the region are starting to dial back car purchases.

Staying current is easy with newsletters delivered straight to your inbox.