BMW Sends Car Stocks Lower. Blame China.

Yahoo FinanceJune 17, 2026 at 11:42 AM

BMW stock fell Wednesday, dragging down shares of other European auto makers after a shocking cut to guidance that boils down to a weakening Chinese auto market. Shares of the German car maker were down 6. 6% in overseas trading.

The drops came after BMW cut its 2026 automotive profit margin guidance to 1% to 3%, down from 4% to 6%.

This is a summary. For the full story, read the original article at Yahoo Finance.

Original source: Yahoo Finance

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