
BMW said in a statement, "Our supplier Bosch is not yet available for the BMW 1 Series, 2 Series, 3 Series and 4 Series models to provide enough steering." In addition, the BMW 7 Series sedan and BMW SUV not the event influences.
BMW said it would seek compensation from Bosch. "At present, we are trying to deal with the flexibility to reduce the economic losses caused by this incident.We also hope that as the responsible party of Bosch, can make the appropriate compensation for the loss.
BMW spokesman Michael Rebstock said by telephone that it is not yet possible to predict the economic losses caused by the supply shortage, nor when can the normal production work be resumed.
"Financial Times" pointed out that BMW is used in the "timely production" approach, that is only when the need for parts will be ordered. Therefore, the supplier failed to supply in a timely manner will have a real impact. According to Christian Ludwig, an analyst at Bankhaus Lampe, a German investment bank, the BMW Series 1, 2 Series, 3 Series, and 4 Series produce up to 17,500 units per week. "If the quarter failed to make up for the delay in production, sales loss of up to 400 million euros per week.
Bosch said that the failure to timely supply is caused by a supplier in Italy, the supplier failed to time to Bosch's electronic steering system to provide the shell. At present, Bosch has sent staff to go to Italy to solve the problem.