BMW is once again revising its targets for the year downwards

BMW once again revises its forecasts for 2026 downwards. The EBIT margin of the automotive segment is between -0.5% and +0.5% (previously it was between 1% and 3%); the EBIT margin before structural and portfolio measures should continue to be above 2%. The RoCE (return on invested capital) of the automotive segment is between -1% and +1% (previously between 1% and 5%).

The update follows the board's decision to broaden and intensify portfolio and structural measures. "Although the operational financial performance remained solid in the third quarter, the approved measures will lead to a non-operational impact on the results of the automotive segment in the fourth quarter", explains the car manufacturer which had already revised its targets downwards in June.

Deliveries in the automotive segment are expected to decline moderately compared to the previous year while fully electric cars, out of total deliveries in the automotive segment, are expected to increase slightly compared to 2025. A slight decline is indicated for the motorcycle segment.

As part of the restructuring program, the company intends to use the momentum generated to expand the organizational and process realignment more quickly and comprehensively. For example, the reduction of management functions will be implemented more quickly than announced.