BUSINESSMARKETWATCH
BMW issues a big profit warning it once again blames on China. The automaker is plotting a major strategy shift
BMW lowered its profit outlook, citing a downturn in China and the impact from the Middle East war. The automaker is planning a major strategy shift.
Related Signal
Adjacent reporting
- BMW cuts profit guidance as Iran war adds to challenges in Chinese market
- Nissan Shares Climb After Forecasting Profit Instead of Loss
- Lotus will return to combustion engines for its cars
- M&C Saatchi warns Middle East conflict will hit business as it reveals slump in profits
- Porsche Sales Tumble on China Slump, Model Changeovers
- Whirlpool warns of ‘recession-level’ slump as Iran war and tariff ruling hit sales