BMW expects 2026 earnings decline as tariffs bite

Core Viewpoint - BMW anticipates a moderate decline in group pre-tax earnings for the year and stagnation in deliveries due to trade barriers affecting its core automotive business [1] Group Performance - The company forecasts a decrease in the EBIT margin in the automotive segment by approximately 1.25 percentage points in 2026, projecting a margin range of 4% to 6% after achieving 5.3% in 2025 [1][1] - BMW's EBIT margin in the automotive segment was reported at 3.7% in the last quarter of the year, falling short of analysts' expectations of 4.0% [1][1]