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via economictimes.indiatimes.comBusiness & Companies

BMW Q3 net profit falls 15% as China competition weighs

FROM THE WIRE · ECONOMICTIMES.INDIATIMES.COM

BMW reported a 15% year-on-year decline in third-quarter net profit to 1.45 billion euros, a day after issuing its second profit warning of 2026. Intensifying competition from Chinese automakers, rising costs and weaker demand in China are weighing on the German luxury carmaker.…

Read at the source ↗
MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishA second profit warning for 2026 and weaker China deliveries weigh on the carmaker's outlook.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Third-quarter net profit fell 15% year on year to 1.45 billion euros.
  2. 02Deliveries in China plunged 24.8% during the quarter.
  3. 03Global deliveries fell 6.3%.

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