BMW CEO won't extend contract beyond summer 2026, reports manager magazin
The 2024 Paris Auto Show · Reuters

BERLIN (Reuters) - BMW Chief Executive Oliver Zipse will not extend his contract beyond the summer of next year, when it expires, Germany's manager magazin reported on Thursday, citing a source familiar with the matter.

"There will be no further contract extension," the magazine quoted the source as saying.

(Writing by Madeline Chambers, Editing by Rachel More)