SINGAPORE (July 22): BMW CEO Harald Krueger will bequeath a well-oiled machine when he steps down next year. The €44 billion ($67.2 billion) carmaker’s boss said on July 5 that he would not seek a second term after his current one runs out in May 2020. The big challenge for his successor — possibly production chief Oliver Zipse, according to Reuters — will be to tune up the company’s electric-vehicle strategy.

Have a premium account? Sign in to continue reading.

Unlimited access to all stories from $4.99/month*

The latest reporting and analysis from business and investments to news and views on social issues.

Bonus:

  • Simultaneous logins across all devices
  • Instant access to past digital issues
  • Unlimited access to The Edge Malaysia
  • *For annual subscription plan only. T&Cs apply

Subscribe