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BMW Issues Second Profit Warning in a Year
BMW said restructuring costs and weaker China sales could push its core car business to a small operating loss, after 8,000 planned job cuts.
- On Tuesday, BMW cut its 2026 automotive EBIT margin outlook to between-0.5% and +0.5%, marking the second reduction in five months as restructuring costs and weakening Chinese demand pressured profits.
- The automaker is accelerating its structural realignment, which involves around 8,000 job cuts, to "expand and intensify portfolio and structural measures" and restore investor confidence amid market pressures.
- Competitors Mercedes-Benz and Volkswagen have also issued profit warnings this year, facing intense competition in China where local customers increasingly prefer cheaper home-grown brands over premium German models.
- Frankfurt-Listed shares fell 3.4% as the group prepares to report third-quarter results on Wednesday, though BMW still anticipates automotive free cash flow of more than $2.8 billion.
- While deliveries are expected to fall more steeply than anticipated, strong demand for new Neue Klasse models requires extra shifts as BMW implements management reductions faster than announced.
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83 Articles
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The car manufacturer has to reduce its forecast again and expand the job reduction. Chief Financial Officer Mertl speaks of "use moment".
·Munich, Germany
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The automobile manufacturer BMW has issued a so-called profit warning to its shareholders.
·Germany
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Munich-based automaker's operating profit falls by 35.2% in 1st 9 months of 2026
·Ankara, Türkiye
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BMW Q3 profit falls 15% as China competition weighs
BMW reported a 15% year-on-year decline in third-quarter net profit to 1.45 billion euros, a day after issuing its second profit warning of 2026. Intensifying competition from Chinese automakers, rising costs and weaker demand in China are weighing on the German luxury carmaker. Its vehicle deliveries in China plunged 24.8% during the quarter, while global deliveries fell 6.3%.
·India
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Total News Sources83
Leaning Left3Leaning Right17Center16Last UpdatedBias Distribution47% Right
Bias Distribution
- 47% of the sources lean Right
47% Right
C 45%
R 47%
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