BMW now forecasts a 2026 automotive profit margin of negative 0.5% to positive 0.5%, down from 1% to 3%.
BMW cited one-off costs from faster job cuts and restructuring as demand for its vehicles weakened in China. It also forecasts 2026 automotive deliveries will fall 5% to 9.9% and says it will cut management functions faster than previously announced.
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@businessBMW lowered its profit forecast for the second time in five months as the German carmaker expands restructuring efforts as it contends with ailing demand for its vehicles in China https://www.bloomberg.com/news/articles/2026-11-03/bmw-cuts-outlook-for-second-straight-quarter-amid-restructuring?taid=6aea3e72aa388300014de9a7&utm_campaign=trueanthem&utm_content=business&utm_medium=social&utm_source=twitter
@ReutersBMW cuts automotive outlook for second time as restructuring deepens https://reut.rs/4A8mBPj@businessBMW lowered its profit forecast for the second time in five months as the German carmaker expands restructuring efforts as it contends with ailing demand for its vehicles in China https://www.bloomberg.com/news/articles/2026-11-03/bmw-cuts-outlook-for-second-straight-quarter-amid-restructuring?taid=6aea3e72aa388300014de9a7&utm_campaign=trueanthem&utm_content=business&utm_medium=social&utm_source=twitter@ReutersBMW cuts automotive outlook for second time as restructuring deepens https://reut.rs/4A8mBPj@businessBMW lowered its profit forecast for the second time in five months as the German carmaker expands restructuring efforts as it contends with ailing demand for its vehicles in China https://www.bloomberg.com/news/articles/2026-11-03/bmw-cuts-outlook-for-second-straight-quarter-amid-restructuring?taid=6aea3e72aa388300014de9a7&utm_campaign=trueanthem&utm_content=business&utm_medium=social&utm_source=twitter@ReutersBMW cuts automotive outlook for second time as restructuring deepens https://reut.rs/4A8mBPj@businessBMW lowered its profit forecast for the second time in five months as the German carmaker expands restructuring efforts as it contends with ailing demand for its vehicles in China https://www.bloomberg.com/news/articles/2026-11-03/bmw-cuts-outlook-for-second-straight-quarter-amid-restructuring?taid=6aea3e72aa388300014de9a7&utm_campaign=trueanthem&utm_content=business&utm_medium=social&utm_source=twitter@ReutersBMW cuts automotive outlook for second time as restructuring deepens https://reut.rs/4A8mBPj—
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