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Benzinga
Benzinga
Business
Shanthi Rexaline

BMW And Audi Reportedly Halt Shipments To China By Rail: What You Need to Know

The Russia-Ukraine crisis is continuing to affect the fortunes of automakers in more than one way. Alongside severely impairing the supply chain, the geopolitical tension is also seen casting a cloud on logistics.

What Happened: German automakers Bayerische Motoren Werke AG (OTC:BMWYY) and Volkswagen AG's (OTC:VWAGY) Audi unit have halted shipments of cars to China by rail due to the Ukraine crisis, the Nikkei reported.

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