BMW shares jump on reassuring outlook despite tariffs and China weakness
Updated
Updated · The Wall Street Journal · May 6
BMW shares jump on reassuring outlook despite tariffs and China weakness
12 articles · Updated · The Wall Street Journal · May 6
The stock rose as much as 7.4% after BMW said 2026 deliveries should match last year and pretax profit be moderately lower.
First-quarter net profit fell to 1.62 billion euros, revenue dropped 8.1% to 31.01 billion euros, and group EBIT missed forecasts, though automotive EBIT beat expectations.
BMW said fierce competition in China, tariffs, currencies and raw-material costs hurt results, but it expects recovery there and stable US tariffs while rolling out new software-focused models.
Why did BMW's stock climb despite a 36% profit drop and falling sales?
Can BMW's incoming CEO navigate rising US tariffs and new EU protectionist rules?
Can BMW's 'software-first' strategy defeat fierce competition from Chinese EV manufacturers?