BMW Stock News
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Xetra, Nov 04, 02:45 pm CET.
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BMW Stock News
BMW warned that its core automotive segment could slide to a loss for a closely watched profitability metric, as the group moves to speed up its restructuring program.
BMW lowers 2026 automotive EBIT margin outlook and deliveries
Shares in Europe's traditional automakers got a boost from earnings this week, but a full recovery remains elusive as shifting markets and waning competitiveness cloud the sector's long-term prospects.
The automaker—which houses its namesake brand as well as the Mini and Rolls-Royce marques and a motorcycle business—said overall group sales fell 6.3%.
BMW deliveries fall 6.3% in third quarter as China sales slump
BMW, Audi and Volvo are among the automakers trying to boost U.S. sales to offset weakness in Europe and China.
For years, automotive analysts have been predicting that electric vehicles would become cheaper than their gas-powered equivalents. They figured it would happen sometime in the latter half of the 2020s.
BMW is holding a two-day capital markets event to brief investors about the premium carmaker's strategy, the first for new CEO Milan Nedeljkovic, who took over in May.
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