BMW AG is giving way to the global shortage of semiconductors after months of managing to maintain output in the latest indication the auto industry’s supply-chain woes are only getting worse.
The automaker will pause Mini car production at its Oxford, England, factory for three days starting April 30, according to a spokeswoman. It’s also reducing shifts this week at its plant in Regensburg, Germany.
BMW was one of the last remaining major automakers unscathed by a shortage of chips expected to cost the industry tens of billions of dollars in revenue this year. Tesla Inc. CEO Elon Musk this