BMW cuts earnings forecast on weaker Chinese market, Iran war

NAMPA / DPA

2026-06-16

Munich (dpa) - BMW cut its earnings forecast for this year in a profit warning made on Tuesday, citing the weak Chinese car market and the impact of the Iran war. The Bavarian carmaker did not provide figures but said it now sees a "significant" drop in pre-tax profit, whereas previously it predicted a moderate decline, a statement showed. "The impact of the conflict in the Middle East on our global business extends beyond our original assumption......

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