Bmw, maxi brake recall: two years to find out the extent of the defect
It took more than two years for Bmw to discover the extent of a defect in the braking system, which could cost the manufacturer almost EUR 1 billion
by Redazione Finanza
1' min read
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Bmw reportedly took more than two years to discover the extent of a defect in the braking system, the solution to which could cost the Bavarian carmaker almost EUR 1 billion.
Customers and dealers began complaining about faulty brakes in June 2022, according to a recall document seen by Bloomberg News. However, it was only last August that BMW reportedly realised that up to 1.5 million cars could contain the faulty component, supplied by Continental and described as a lighter, more efficient system.
A profit warning last week caused the German group to lose EUR 5 billion in capitalisation, a huge loss for a premium car manufacturer at the forefront of driving technology and fresh off a very good first half-year.
Bmw initiated a thorough overhaul of the brake system in October 2023, according to the recall document: interference had been detected that compromised the electrical signals sent through the brake system. The first recall of about 80,000 vehicles took place in the US in February.
Since then, the recall has involved up to 1.5 million cars of the different brands, including the $42,000 Rolls-Royce Spectre.
