BMW reports 25 percent drop in first quarter profit
BMW quarterly profit fell 25 percent to 2.3 billion euros amid China competition. The carmaker maintained its 2026 outlook despite rising tariff pressures.
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BAYERISCHE MOTOREN WERKE AG reported a 25% drop in first-quarter pretax earnings to 2.3 billion euros on Wednesday morning. Revenue fell 8.1% to 31.0 billion euros as competition in China and tariff pressures weighed on performance. Investors are monitoring how BMW offsets rising costs without the job cuts seen at rivals like VOLKSWAGEN AG.
