BMW Drops After Forecast Cut on China Slump, Tariff Costs (1)

BMW AG shares slid the most since November after the company lowered its financial guidance on weak sales in China and tariff costs, underscoring the difficulties Germany’s export-reliant auto industry is facing.

The stock fell as much as 7.1% in Frankfurt after the luxury-car maker said it now sees pretax group earnings slightly lower in 2025 compared to last year. That’s down from an earlier expectation of an on-par result. BMW also slashed its projection for automotive free cash flow. The shares are still up around 3% this year.

Western manufacturers are losing ground in China to homegrown rivals such ...