German car manufacturer, BMW has announced a recall of more than half a million cars worldwide over an electric fault, its second recall in just three days.
BMW Australia has said that the fault could affect around 17,500 cars in Australia, across several models, including the BMW 1 Series, BMW 3 Series and Z4 models.
Owners will be contacted by BMW by mail and asked to take their cars back to the dealership to fix a faulty battery connection, which could degrade over time and cause a loss of electrical power to the vehicle.
“Vibrations in the car can cause poor connection and electrical issues as a result,” BMW spokesman Scott Croaker says. “In the main, those problems would be flickering lights or the vehicle failing to restart after it’s stopped. But in absolute extreme cases, it could lead to the car stalling while driving.”
Just two days ago, BMW issued a recall for more than 60,000 BMW X5 SUVs globally, to fix a dangerous brake problem. The issue affects V8 engined X5s and could result in the loss of power assist braking, increasing stopping distance, which could lead to a crash. The recall affects around 1600 Australian-delivered X5s built between 2007 and 2010.
That is not the first time BMW has had issues with its braking system. In 2010, the company was forced to recall around 200,000 vehicles with V8 and V10 engines because of a strikingly similar issue affecting the SUVs mentioned above.
The Australian Financial Review says “good quality Australian shares that have a long history of paying dividends are a real alternative to a term deposit.” Get “3 Stocks for the Great Dividend Boom” in our special FREE report. Click here now to find out the names, stock symbols, and full research for our three favourite income ideas, all completely free!
The Motley Fool’s purpose is to help the world invest, better. Click here now for your free subscription to Take Stock, The Motley Fool’s free investing newsletter. Packed with stock ideas and investing advice, it is essential reading for anyone looking to build and grow their wealth in the years ahead. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson. Motley Fool writer/analyst Mike King doesn’t own shares in any companies mentioned.