BMW stock slumps to 5 year-low as Iran war and China slowdown spark profit warning
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Source: CNBC
Published: 2026-06-17 21:38 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Middle East, Asia, Military & Defence, Iran, Economy & Finance, China, Financial Markets, Germany, Business & Economy, War & Conflict, Asia Pacific
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Snippet:
Shares in BMW tumbled to their lowest level in over 5 years on Wednesday after the German carmaker cut its 2026 profit outlook, citing a slowdown in Chinese demand and disruption caused by the Iran war.
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