BMW taps German debt market as coronavirus batters auto industry

(Krisztian Bocsi/Bloomberg)

JP

By:

Jacqueline Poh

B

By:

Bloomberg

|

March 31, 2020 12:21 PM

LONDON -- BMW made a 200 million-euro ($220 million) sale in the German Schuldschein debt market as coronavirus upheavals weigh on the global auto industry.

Featured Stories

In the shadow of China’s military, Taiwan’s globally critical suppliers keep working

If Russia’s invasion of Ukraine was bad for the auto industry, that conflict might seem like a speed bump compared with the chaos unleashed by a Chinese invasion of Taiwan.

In the shadow of China’s military, Taiwan’s globally critical suppliers keep working

Parts tariffs are now in effect. Here’s how they work

Parts tariffs are now in effect. Here’s how they work

VW halts U.S. sales of ID Buzz for 2 safety recalls; rear seat too wide with just 2 seatbelts

VW halts U.S. sales of ID Buzz for 2 safety recalls; rear seat too wide with just 2 seatbelts

Car buyers trying to beat tariff price hikes did a ‘bank run’ on dealers’ lots in April

Larry P. Vellequette

Car buyers trying to beat tariff price hikes did a ‘bank run’ on dealers’ lots in April

Latest News

Jaguar Land Rover restarts shipments to U.S. after tariffs pause

Read the Automotive News Digital Edition for May 5

In the shadow of China’s military, Taiwan’s globally critical suppliers keep working

American Axle says Dowlais takeover on track despite industry volatility

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

See More in Automakers

Dacia Sandero edges Peugeot 208 for March sales title in Europe

VW could launch extended-range EVs in Europe, executives say

Daily 5 report for April 23: China’s inescapable influence on the auto industry live from Shanghai

U.S. will aim for U.K. to cut its automotive tariff to 2.5% from 10%, report says

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