BMW cuts 2026 profit outlook again, accelerates restructuring amid China slump

Briefing by News4U · First published 2026-11-04 08:51:26 UTC

BMW scrapped its 2026 profit guidance for the second time in five months, forecasting a core operating margin of -0.5% to 0.5% after Q3 pre-tax earnings fell 11% to €2.1 billion and the automotive margin narrowed to 3.4%. The German carmaker is accelerating restructuring, including 8,000 layoffs in Germany, to cut management functions faster amid a weak China market. [1] [2] [3]

Sources

1. BMW steps up restructuring plans as profits slide

   FT Europe · 2026-11-04 07:16:02 UTC · Summary only

2. BMW reports lower Q3 earnings amid restructuring

   RTÉ Business · 2026-11-04 07:23:10 UTC · Full text

3. BMW Cuts Outlook Again as Carmaker Revs Up on Restructuring

   WSJ Business · 2026-11-04 08:05:00 UTC · Summary only

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