BMW, Audi suspend shipments by train to China - Nikkei

MG News | April 26, 2022 at 11:03 AM GMT+05:00

Add Mettisglobal as a Trusted Source on Google

0:00

April 26, 2022: German carmakers BMW and Volkswagen's Audi have suspended shipments of cars by rail from Germany to China due to the war in Ukraine, the Nikkei business daily reported on Tuesday.

The suspension comes almost two months after BMW said it had halted the export of cars to Russia and would stop production on the ground there.

"Due to the current geopolitical situation, our train transport on the Silk Road and Trans-Siberian Railway has temporarily been switched to alternative routes or transportation modes to ensure planning and supply security," the report quoted a BMW spokeswoman as saying.

Audi, BMW and Volkswagen did not immediately respond to requests for comment from Reuters.

In March, Audi said it was adjusting its manufacturing operations at its Hungarian factory, which accounts for a chunk of the country's exports, because of the war in Ukraine.

Reuters

Related News

Name	Price/Vol	%Chg/NChg
KSE100	170,884.59 165.82M	1.09% 1841.39
ALLSHR	103,297.23 574.85M	1.03% 1052.60
KSE30	50,883.00 85.37M	1.16% 585.22
KMI30	243,139.25 70.59M	1.05% 2522.69
KMIALLSHR	66,979.22 287.59M	0.99% 655.18
BKTi	47,642.11 15.25M	1.66% 776.54
OGTi	35,136.50 9.94M	0.68% 237.09

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	78,200.00	78,535.00 76,250.00	1595.00 2.08%
BRENT CRUDE	103.70	104.27 101.92	-1.12 -1.07%
RICHARDS BAY COAL MONTHLY	130.00	0.00 0.00	5.00 4.00%
ROTTERDAM COAL MONTHLY	138.50	0.00 0.00	-0.15 -0.11%
USD RBD PALM OLEIN	1,228.00	1,228.00 1,228.00	0.00 0.00%
CRUDE OIL - WTI	96.79	96.87 94.83	-0.44 -0.45%
SUGAR #11 WORLD	18.46	18.51 18.21	0.14 0.76%