The German luxury carmaker lowered its profit outlook for 2026 as sales slump in China and the conflict in the Middle East weighs on energy prices and consumer confidence.
Published on
17/06/2026 - 12:44 GMT+2
Munich-based carmaker BMW AG is forecasting a "significant" decrease in its pre-tax profit this year, largely due to weakening demand in China and the impact of the Middle East crisis.
BMW, owner of the BMW, MINI, Rolls-Royce and BMW Motorrad brands, cited worsening market conditions and the cost of restructuring measures in a profit warning issued on Tuesday.
The announcement sent its shares down more than 7% in Europe on Wednesday morning.
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