It includes not only a halt in the sale and maintenance of automobiles in Russia, but also inflationary costs in the form of higher energy prices for manufacturing facilities, as well as delays in the supply of microchips and processors, as Russia and Ukraine were important transportation hubs.

After reaching a high of 100 euros per share, which hadn't happened to BMW since December 2015, the share price has dropped below 70 euros, resulting in a 22 percent correction. The external background for the German car sector is presently adverse; theoretically, the nearest level at which the share may acquire a footing is 80-85 euros, but severe opposition at approximately 80 euros is now preventing this. On the other side, the daily chart's head-and-shoulders pattern has completely worked out, thus breaking over this barrier appears likely in the coming weeks.