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EconomyBMW cuts automotive outlook for a second time as restructuring deepens

BMW lowered its core automotive business margin outlook for the second time in five months on Tuesday. It cited one-off costs from speeding up job cuts and deepening this year’s restructuring, alongside weaker demand in China.

BMWautomotive industryprofit marginrestructuring

RReuters★★★☆☆2026-11-03 21:10Original

BMW cuts automotive outlook for a second time as restructuring deepens
BMW cuts automotive outlook for a second time as restructuring deepensEconomy