BMW Cuts Profit Forecast and Warns of Possible 2026 Loss in Car Division

Summary

BMW issued its second profit warning of the year and cut its profit forecast as Chinese competition and a slump in China weigh on the global car industry. Bloomberg reports that the carmaker will speed up the rollout of new models to help counter the China slump. Euronews reports that BMW's profits fell on Wednesday, the day after the warning, and that the company warned of a possible 2026 loss in its car division.

Timeline

1. Bloomberg

   4 Nov 2026, 08:59 UTCSource ↗

   Bloomberg reports that BMW will speed up the rollout of new models to counter a slump in China after another profit warning and a cut to its profit forecast.

2. Euronews

   4 Nov 2026, 10:01 UTCSource ↗

   Euronews reports that BMW reported a fall in profits on Wednesday, the day after issuing its second profit warning of the year, as Chinese competition shakes the global car industry, and warned of a possible 2026 loss in its car division.