Bayerische Motoren Werke AG

BMW: XETR (DEU)

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BMW Earnings: Accelerated Restructuring Impairs Full-Year Outlook; Fair Value Unchanged

Rella Suskin

Nov 4, 2026

BMW's third-quarter revenue fell 6%, driven mainly by a 22% volume decline in China. Excluding China, volumes were relatively flat year on year. Full-year guidance has been further reduced due to accelerated cost-reduction programs; underlying EBIT and free cash guidance remain unchanged.

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Bayerische Motoren Werke AG

BMW Earnings: Accelerated Restructuring Impairs Full-Year Outlook; Fair Value Unchanged

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