 |
|
Industry News
Auto Industry NewsFlight Curbs May Hit European Auto IndustryIn a sign of how the cloud of volcanic ash lingering over Europe is beginning to impact the economy, German luxury car maker BMW AG (BMW.XE) said Monday that production at its only U.S. plant could be hurt and potentially grind to a halt because a ban on air traffic means it is running out of key components.If the flight restrictions continue beyond Wednesday, the supply of parts and components at BMW's facility at Spartanburg, South Carolina, could "reach a critical level," said a company spokesman. If the restrictions continued for longer, production could come to a stand-still, but the spokesman said that this would be a worst-case scenario and wasn't imminent.BMW's Spartanburg plant manufactures the X5 and X6 sports-utility vehicles. The production of the BMW X3 small SUV is due to start in September. The plant employs around 4,000 staff and produces about 123,000 vehicles a year."While the majority of the industry operates with parts suppliers near the vehicle assembly plants, some components do travel overseas," Baird Research analyst David Leiker said.
|
| Web Links | Add Directory | Indusrty News | Blogs | Free Packs | Download Softwares |
| Top Directories | Top Search Engines | Domains for Sale | Meta & Robots Info | SEO Tips |
| ©2008 E-Links.mobi | Term of Use | Privacy | About | Contact All Trademarks and Servicemarks are the properties of the site owner. |