BMW to recall over 29,000 US vehicles over fire risk

BMW will recall 29,119 vehicles in the U.S. due to a potentially corroding engine starter relay that can cause overheating, short circuits, and increase fire risk, per NHTSA. The notice is a negative operational/regulatory item, though the recall is limited in scope and may only modestly affect near-term sentiment.

Analysis

BMW will recall 29,119 vehicles in the U.S. due to a potentially corroding engine starter relay that can cause overheating, short circuits, and increase fire risk, per NHTSA. The notice is a negative operational/regulatory item, though the recall is limited in scope and may only modestly affect near-term sentiment.