BMW is recalling 318,495 U.S. vehicles because an engine starter may overheat and cause a fire, the National Highway Traffic Safety Administration said Thursday.
"The starter motor can overheat due to mechanical wear, posing a fire risk even when the vehicle is not in use," NHTSA said in its recall notice. The agency urged owners to park outdoors and away from structures until repairs are completed.
The recall covers multiple BMW models across recent production years, though the automaker has not yet disclosed the specific model breakdown or the estimated repair cost per vehicle. BMW said it is working on a remedy and will notify affected owners by mail. The company did not disclose how many fire incidents, if any, have been reported in connection with the defect.
The recall adds to mounting quality costs for BMW, which faces potential legal liabilities from any fire incidents linked to the defect. The company's stock may face pressure as investors assess the financial impact of repairs, legal exposure and brand reputation damage. The recall follows a similar action by Toyota Motor Corp., which recalled its GR Supra over a related starter motor issue and urged owners not to leave vehicles unattended. BMW's next key event will be its disclosure of repair costs and any related legal claims, which could further weigh on the stock.
This article is for informational purposes only and does not constitute investment advice.