BMW has lowered its 2025 earnings guidance, pointing to weaker-than-expected growth in China and the impact of US import tariffs. The German carmaker reported year-to-date volume growth to September in Europe and the Americas, but said deliveries in China have fallen short of internal targets. As a result, the group has pared back its sales expectations for the Chinese market in the fourth quarter. BMW also cited a “significant reduction of commissions from local Chinese banks in connection with the bro ...