BMW Recall A Bump To Shares

BMW has taken the decision to recall approximately 200,000 BMWs.

This action is taken due likelihood of developing a problem in the power braking system.

BMW 5 Series, 6 Series and 7 Series luxury cars with V8 and V12 engines will be recalled.

To this point there have been no reports of any accidents, according to official sources.

Due to this decision, BMW’s stocks have been dropped to 2 percent to 50.40 Euros, which marks the end of a three days of gains.

This voluntary recall sweeps back all the BMWs and Rolls Royce models made by the auto giant built between 2002 to 2010. pump, Frank Strebe, a spokesman of BMW, told the media today from the Paris Motor Show.