Hyperdrive
VW, BMW to Idle Plants on Parts Shortages From Ukraine
- Cable maker Leoni working to offset disruption in Ukraine
- GM, BMW among carmakers suspending car exports to Russia
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BMW AG joined Volkswagen AG in warning of production outages because Russia’s war in Ukraine is disrupting car-parts supplies from the country.
VW will idle some production lines in Wolfsburg, Germany -- the world’s largest car plant -- next week before a broader shutdown the following week, the company said Tuesday. BMW said in a separate statement it expects temporary shutdowns because of parts shortages, and announced it’ll suspend vehicle exports as well as local assembly in Russia because of the invasion.