Home Business & Finance BMW issues a big profit warning it once again blames on...
Business & Finance

BMW issues a big profit warning it once again blames on China. The automaker is plotting a major strategy shift

BMW issues a big profit warning it once again blames on China. The automaker is plotting a major strategy shift
Key Points

BMW was the worst performing major European stock on Wednesday after the luxury-car maker lowered its profit outlook, citing a downturn in China as well as the impact from the Middle East war.

BMW was the worst performing major European stock on Wednesday after the luxury-car maker lowered its profit outlook, citing a downturn in China as well as the impact from the Middle East war. [Image text:] BMWi3 BWM13
BMW (ORG) China (LOCATION) European (ORG) the Middle East (LOCATION)
Originally published by MarketWatch Read original →