Bmw cuts production in order to survive the financial crisis
By Andrew C., 27 Aug, 2010. 0 Comments
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Until the end of 2009, BMW workers in German factories will continue to work shortened hours. A BMW Germany spokesman confirmed further that 17,000 workers would be affected. Scrappage schemes aiming to lessen the effects of the financial slowdown have not helped much in the face of diminished new car sales. Workers in the Munich, Dingolfing, Berlin and Landshut plants will work three of the four weeks in August. It is reported that hours for the staff will again be cut for the rest of the year. However, the staff will be working normal hours in September and October in Dingolfing, to keep up with the demand for the new 5-Series GT. Sales as of the end of May 2009 decreased by 21.1% compared to the same period in 2008, after having sold 487,906 BMWs, Minis and Rolls-Royces.
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