BMW warns on profits as it counts cost of plan for 8,000
BMW warns on profits as it counts cost of plan for 8,000 job cuts. German carmaker cuts pre-tax earnings by 11% to €2.1bn, blaming job cuts in home market. China remains key focus, VW marks major restructuring cost. Mercedes-Benz cuts revenue, Porsche rebounds.
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Summary by OZbrief Editorial · The Guardian Australia – Business · Source
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Published 04 Nov 2026, 11:58 UTC · Updated 04 Nov 2026, 12:20 UTC
Summary by OZbrief Editorial. Original report: The Guardian Australia – Business. Editorial policy · Corrections
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