Market Snapshot
  • U.S.
  • Europe
  • Asia
Ticker Volume Price Price Delta
Dow 12,982.50 +43.78 0.34%
S&P 500 1,361.17 +3.51 0.26%
Nasdaq 2,951.06 +17.89 0.61%
Ticker Volume Price Price Delta
STOXX 50 2,508.08 -10.92 -0.43%
FTSE 100 5,937.89 +21.34 0.36%
DAX 6,809.46 -34.41 -0.50%
Ticker Volume Price Price Delta
Nikkei 9,595.57 +41.57 0.44%
TOPIX 829.35 +3.95 0.48%
Hang Seng 21,381.00 -168.29 -0.78%
Gold 1,785.70 +0.81%
EUR-USD 1.3306 0.4327%
Nasdaq 2,951.06 +0.61%
Dow 12,982.50 +0.34%
S&P 500 1,361.17 +0.26%
FTSE 100 5,937.89 +0.36%
STOXX 50 2,508.08 -0.43%
DAX 6,809.46 -0.50%
Oil (WTI) 106.46 +0.17%
U.S. 10-year 2.028% +0.024
BAC:US 8.02 +0.88%
8411:JP 132.00 +1.54%
Live TV

BMW Recalling Mini Coopers after Fires, U.S. Auto-Safety Regulator Says

Bayerische Motoren Werke AG (BMW) is recalling 88,911 Mini Cooper cars because of a defect that has caused fires, the U.S. auto-safety regulator said.

The circuit board on the electric auxiliary water pumps that cool the cars’ turbochargers can malfunction, overheat and cause fires, BMW said today in a posting on the U.S. National Highway Traffic Safety Administration’s website.

In October, the agency opened an investigation into Minis after reports of 12 engine fires, including five that destroyed the vehicles. In eight cases, the fires happened when the cars were parked and turned off.

The recall includes various Minis from the model years 2007 to 2011. BMW is based in Munich.

To contact the editor responsible for this story: Dan Hart at dahart@bloomberg.net

To contact the editor responsible for this story: Bernard Kohn at bkohn2@bloomberg.net

Sponsored Links

Headlines