BMW shares fall to four-year low as recall of 1.5m cars announced

The Guardian - Mini and Rolls-Royce models also affected by potential braking system fault likely to cost BMW almost mp;#128;1bn. Shares in BMW tumbled as the carmaker revealed it will have to recall 1.5m vehicles over a braking problem, costing it almost mp;#128;1bn (mp;pound;0.84bn).The German manufacturer said its annual earnings would be considerably lower than expected, with the fault in the braking system now discovered to be far more widespread than first thought.