BMW shares rose 2.3% on Wednesday despite the German automaker lowering its 2026 financial outlook for the second time this year and reporting a sharp decline in quarterly profits. The company now expects its 2026 operating margin in the core automotive business to range between -0.5% and 0.5%, well below its long-term target of 8% […]
German luxury carmaker BMW is preparing discussions with employee representatives after issuing its latest profit warning and announcing plans to accelerate efficiency measures. The company cited continued weakness in the Chinese market and rising costs linked to the conflict involving Iran as key reasons for the weaker outlook. Industry analysts believe BMW could consider

