BMW warns on profits as it counts cost of plan for 8,000 job cuts

November 4, 2026 · 11:58 am 1 sources

Image: The Guardian

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• BMW warns on profits as it counts cost of plan for 8,000 job cuts
  The Guardian · November 4, 2026 11:58
  German carmaker slashes profit margin to between -0.5% and 0.5% this year in face of competition from China The German carmaker BMW has issued its second profit warning in a year, blaming the costs of a restructuring programme including significant job losses in the face of continuing competition…