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BMW shuts down car factories due to limited Russian gas supplies

  • May 23, 2022
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As BMW top manager Milan Nedeljkovic told Reuters, German car production could stop once and for all due to the cessation of Russian gas supplies to Europe. And

BMW shuts down car factories due to limited Russian gas supplies

As BMW top manager Milan Nedeljkovic told Reuters, German car production could stop once and for all due to the cessation of Russian gas supplies to Europe. And not only BMW is under threat, but other Old World brands as well.

Milan Nedeljkovic, member of the board of directors and head of BMW’s production division, said nearly 40% of natural gas in Germany is consumed by machine-building companies. Speaking of the Bavarian concern, the energy consumption of gas was over 54% last year.

“Not just BMW, but the entire segment could come to a halt,” said a BMW spokesman.

In other words, if gas supplies from Russia are stopped, the history of the entire European car industry could end.

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Milan Nedeljkovic, member of the board of directors and head of BMW’s production division, said nearly 40% of natural gas in Germany is consumed by machine-building companies. Speaking of the Bavarian concern, the energy consumption of gas was over 54% last year.

“Not just BMW, but the entire segment could come to a halt,” said a BMW spokesman.

In other words, if gas supplies from Russia are stopped, the history of the entire European car industry could end.

SUBSCRIBE FOR EXCLUSIVE CONTENT

PORTAL “AVTOVGLYAD” IN TELEGRAM

Source: Avto Vzglyad

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