Overview
- Milan Nedeljković will assume the top job on May 14, the day after the annual meeting, with a contract running through 2031 as Oliver Zipse leaves the board.
- The 56-year-old engineer currently oversees BMW’s global manufacturing and previously led the Leipzig and Munich plants after joining the company in 1993.
- BMW reaffirmed an accelerated product cadence with about 40 new or updated models scheduled by the end of 2027, all based on the Neue Klasse platform.
- Industry reporting indicates likely near-term launches such as new 3 Series and i3 sedans next year, a next-generation X5 and a 7 Series facelift in 2026, and a possible iX4.
- The transition comes as BMW broadens its EV lineup and contends with tougher competition in China and US trade measures, even as third-quarter profitability improved.