The management change comes as BMW grapples with a slowing global economy, flattening demand in its core markets and a volatile trade environment
BERLIN—The chief executive of BMW AG, Harald Krüger, plans to step down in the coming months, handing off to a yet-be-named successor as the German auto maker deals with shrinking profits and the expensive race to develop electric cars.
The Munich-based company said Friday that its supervisory board intends to announce a new chief executive following a July 18 meeting, a spokesman said, adding that the new CEO should be in place before Mr. Krüger’s contract ends in April 2020.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
BMW and Daimler to team up in push toward self-driving carsThe German firms want new automated technology in their vehicles by 2024.
Leer más »
BMW Promises To Join The Hydrogen Fuel Cell PartyAfter more than 20 years of working with Hydrogen, BMW is almost nearly ready to release a limited-run production version before a full-scale model in 2025. But why is it so far behind Audi, Mercedes-Benz, Honda, Hyundai, GM and its own development partner, Toyota?
Leer más »
Businesses are struggling with a new labor problem: Fewer teens have time for summer jobsIn an already tight labor market, businesses are finding fewer teens available for summer jobs, as students juggle work with classes and other activities.
Leer más »