BMW lowers 2026 automotive EBIT margin outlook and deliveries
BMW lowers 2026 automotive EBIT margin outlook and deliveries Nov 3 (Reuters) - BMW BMWG.DE on Tuesday said it had cut its 2026 automotive EBIT margin forecast to between negative 0.5% and positve 0.5%, and forecast a "moderate" decrease in automotive segment deliveries in 2026.
The company also said it intends to accelerate the implementation of its organizational realignment, and as a result, the reduction in management functions will be implemented faster than announced.
(Reporting by Abu Sultan in Bengaluru; Editing by Vijay Kishore)
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