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BMW expects 2026 earnings decline as tariffs bite

BMW expects 2026 earnings decline as tariffs bite

ReutersThu, March 12, 2026 at 6:44 AM UTC

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FILE PHOTO: A logo of BMW is seen inside a car dealer in Nijmegen, Netherlands February 26, 2025. REUTERS/Piroschka van de Wouw/File Photo

BERLIN, March 12 (Reuters) - BMW expects group pre-tax earnings ‌to decline moderately ‌this year and deliveries to stagnate, ​with trade barriers weighing on its core cars business, the company said on ‌Thursday.

Headwinds from ⁠higher tariffs will further impact the EBIT ⁠margin in the automotive segment by about 1.25 ​percentage points ​in ​2026, the German ‌premium carmaker said, forecasting a margin in the range of 4 to 6% after 5.3% in 2025.

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The ‌premium carmaker's EBIT ​margin in the ​automotive ​segment was 3.7% ‌in the final three ​months ​of the year, missing analysts' forecast of 4.0%, ​according ‌to a company-provided consensus.

(Reporting by ​Rachel More, editing by ​Miranda Murray)

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