BMW cuts profit forecast again: Risk of loss in automobiles
Original headlineBMW kâr beklentisini yine düşürdü: Otomobilde zarar ihtimali
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BMW cut its full-year profit guidance for the second time in five months, lowering the operating margin target for its automotive segment to around zero from a previously expected 1-3%. The German automaker attributed the downgrade to persistent demand pressure in China and restructuring costs. The revision raises the possibility that the core car business could post a loss for the year. Investors will watch whether Chinese demand stabilizes and how quickly restructuring charges ease in coming quarters.
Muhabbit's AI wrote this summary in its own words from Dünya's report and translated it from Turkish. It can get details wrong, so check the source.
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BMW, China