BMW downgrades 2026 targets on Middle East war, China woes
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BMW downgrades 2026 targets on Middle East war, China woes
BMW said positive sales volume development in Europe and the US cannot offset the decline in sales in China and the Asia-Pacific region. (EPA Images pic) FRANKFURT: German carmaker BMW downgraded its 2026 targets Tuesday due to turmoil from the Middle East war and worsening business in key market C»»»
BMW downgrades 2026 targets on Mideast war, China woes
FRANKFURT, Germany, June 16, 2026 (BSS/AFP) - German carmaker BMW downgraded its 2026 targets Tuesday due to turmoil from the Middle East war and worsening business in key market China, and vowed to step up cost-cutting efforts. It is the latest bad news from Germany's ailing auto sector, and a maj»»»
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