Autobauer: BMW-Gewinn bricht um mehr als ein Drittel ein – nun droht ein äußerst schwaches Schlussquartal

BMW's Munich-based auto manufacturer experienced a sharp decline in profits, with earnings before interest and taxes (EBIT) dropping 35.2% year-over-year to 5.2 billion euros in the first nine months of the business year. This marks the lowest level since 2020, coinciding with the peak of the COVID-19 pandemic. Despite earning a net profit of 4.3 billion euros from January to September, which is a 24% decrease compared to the same period last year, BMW's main revenue source, the premium car segment, suffered a significant loss.

The company's EBIT margin in this segment has dropped to just 3.5%, compared to 5.9% in the previous fiscal year. BMW's outlook for the final quarter remains particularly weak, with the company warning of a potential loss for the year. The main reasons for this downward trend include the poor performance of the new electric models, heavy write-offs and provisions targeting the current workforce reduction program, and the challenging Chinese market, where BMW has lost nearly 25% of deliveries since the beginning of the year.