{"id":37748,"date":"2026-06-16T20:49:43","date_gmt":"2026-06-16T20:49:43","guid":{"rendered":"https:\/\/www.europesays.com\/germany\/37748\/"},"modified":"2026-06-16T20:49:43","modified_gmt":"2026-06-16T20:49:43","slug":"bmw-cuts-earnings-forecast-on-weaker-chinese-market-iran-war","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/germany\/37748\/","title":{"rendered":"BMW cuts earnings forecast on weaker Chinese market, Iran war"},"content":{"rendered":"<p>    <img fetchpriority=\"high\" decoding=\"async\" src=\"https:\/\/www.europesays.com\/germany\/wp-content\/uploads\/2026\/06\/a0db8a0dd2dfdb3c255ebcf1083b4e79.jpeg\" alt=\"FILE PHOTO: The BMW brand logo can be seen on the BMW four-cylinder, also known as the BMW Tower and BMW Tower, the main administration building and landmark of the vehicle manufacturer BMW. (is associated with: \u00abBMW cuts earnings forecast on weaker Chinese market, Iran war\u00bb) Sven Hoppe\/dpa\" loading=\"eager\" height=\"685\" width=\"960\" class=\"yf-lglytj  loaded\"\/> FILE PHOTO: The BMW brand logo can be seen on the BMW four-cylinder, also known as the BMW Tower and BMW Tower, the main administration building and landmark of the vehicle manufacturer BMW. (is associated with: \u00abBMW cuts earnings forecast on weaker Chinese market, Iran war\u00bb) Sven Hoppe\/dpa      <\/p>\n<p class=\"yf-1fy9kyt\">BMW cut its earnings forecast for this year in a profit warning made on Tuesday, citing the weak Chinese car market and the impact of the Iran war.<\/p>\n<p class=\"yf-1fy9kyt\">The Bavarian carmaker did not provide figures but said it now sees a &#8220;significant&#8221; drop in pre-tax profit, whereas previously it predicted a moderate decline, a statement showed.<\/p>\n<p class=\"yf-1fy9kyt\">&#8220;The impact of the conflict in the Middle East on our global business extends beyond our original assumptions,&#8221; the company said in the statement. High energy prices are weighing on the company&#8217;s cost structures and &#8220;the lack of stability due to the conflict is negatively impacting consumer sentiment across markets around the world.&#8221;<\/p>\n<p class=\"yf-1fy9kyt\">BMW&#8217;s management board now also expects the number of cars delivered to decline. It previously expected deliveries to remain unchanged.<\/p>\n<p class=\"yf-1fy9kyt\">BMW&#8217;s top management now wants to speed up savings measures through further, unspecified &#8220;structural and efficiency measures.&#8221; The cost-cutting is intended to have positive effects in the medium term, but will weigh on earnings in the second half of the year.<\/p>\n<p class=\"yf-1fy9kyt\">In China, car sales figures have collapsed, a development not limited to BMW. According to the latest data from the China Passenger Car Association (CPCA), sales fell by almost 20% year-on-year between January and May.<\/p>\n","protected":false},"excerpt":{"rendered":"FILE PHOTO: The BMW brand logo can be seen on the BMW four-cylinder, also known as the BMW&hellip;\n","protected":false},"author":2,"featured_media":37749,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20955],"tags":[6213,7359,21401],"class_list":["post-37748","post","type-post","status-publish","format-standard","has-post-thumbnail","category-bmw","tag-bmw","tag-chinese-market","tag-earnings-forecast"],"_links":{"self":[{"href":"https:\/\/www.europesays.com\/germany\/wp-json\/wp\/v2\/posts\/37748","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/germany\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/germany\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/germany\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/germany\/wp-json\/wp\/v2\/comments?post=37748"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/germany\/wp-json\/wp\/v2\/posts\/37748\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/germany\/wp-json\/wp\/v2\/media\/37749"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/germany\/wp-json\/wp\/v2\/media?parent=37748"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/germany\/wp-json\/wp\/v2\/categories?post=37748"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/germany\/wp-json\/wp\/v2\/tags?post=37748"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}