BMW Q2 after-tax profit plunges 35% to €1.2 billion

Published Jul 30, 05:40 AM UTC

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BMW reported a sharp decline in profits for the second quarter of 2026, with after-tax earnings falling to 1.2 billion euros, a 35 percent drop compared to the same period in the previous year. The announcement was made by the German automaker, highlighting significant financial challenges. The news, published by Die Welt on July 30, 2026, indicates a major downturn for the company amid broader economic pressures in the automotive industry. No further details on the causes or regional impacts were provided in the brief report.

Source report

BMW's profits are collapsing. In the second quarter, the group earned only €1.2 billion after tax — a 35 percent decline compared to the same period last year, the company announced.

More in brief

Source: dpa/ll

Content shown outside its original language is machine translated; summaries may also be condensed.

Source

Nachrichten - WELTWestern

Original headline: BMW-Gewinn bricht um mehr als ein Drittel ein

Original language: DE

Part of this Story

BMW Profit Plunges by More Than a Third in Second Quarter

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