BMW has lowered its financial forecast for 2026, citing a rapid decline in key markets and the impact of the Iran conflict, which has affected consumer confidence and increased energy costs. The automotive industry, already struggling with intense competition and weak domestic demand, is highly sensitive to geopolitical events. BMW now anticipates a profit margin of 1% to 3% for its core automotive business in 2026, down from a previous expectation of 4% to 6%, with a slight decrease in core deliveries. AI
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