BMW recalls almost 700,000 cars in China on fire safety risk [Fortune]
CONTL AG S/ADR (CTTAY)
NASDAQ:AMEX Investor Relations:
continental-corporation.com/en/investors/overview
Company Research
Source: Fortune
BMW will recall 499,539 cars produced locally, and 188,371 imported vehicles from March 1, 2025, China's State Administration for Market Regulation said in a statement Friday. Faulty coolant pump plugs fitted to some models may lead to corrosion or rust, which could cause short circuits and in extreme cases fires, the agency said. Models affected include locally-made 3 Series and 5 Series vehicles, as well as several imported X Series SUVs. The recall follows a steep drop in deliveries in China, its biggest market by revenue. In the third quarter, shipments of BMW and Mini brand cars in China slumped by 30%, the sharpest drop in more than four years, the group said last week. In September , BMW issued a profit warning due to a global recall of 1.5 million cars related to defective braking systems supplied by Continental AG. Those faults are expected to cost the automaker nearly €1 billion ($1.1 billion) to fix. The fault was detected in August, and BMW alerted the Chinese autho
Show less
Read more
Impact Snapshot
Event Time:
CTTAY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
CTTAY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
CTTAY alerts
High impacting CONTL AG S/ADR news events
Weekly update
A roundup of the hottest topics
CTTAY
News
- Are Investors Undervaluing Continental (CTTAY) Right Now? [Yahoo! Finance]Yahoo! Finance
- Kal Freight's bankruptcy reveals massive fraud accusations [Yahoo! Finance]Yahoo! Finance
- Kal Freight co-founder says no layoffs expected in restructuring [Yahoo! Finance]Yahoo! Finance
- Continental set to spin off Automotive group sector by end of 2025 [Yahoo! Finance]Yahoo! Finance
- Vehicle Control Units Strategic Industry Research Report 2023-2030: 5G and V2X Communication Propel Vehicle Control Units to New Technological Heights [Yahoo! Finance]Yahoo! Finance