Volkswagen, BMW and Daimler will recall their products 2016-02-12 09:33:50

The three largest German automakers will recall $ 2.5 million cars from the US market due to defective airbags, made by the Japanese company Takata. The faulty airbags may explode in case of a car accident, which has already led to 10 deaths among car owners of the mentioned brands. The total losses are still unknown, but the net profit of all the three companies is expected much lower.

The negative news has affected Volkswagen shares to already fall by 4,2%, BMW - by 2,8%, Daimler - by 1.28%. Do not miss this great chance to make good money on a further fall of the shares’ values. Remember, that all the three assets will be available for trading during the European session, from 7:30 to 15:30 GMT time.