BMW proposes ex-CEO Milberg as chairman, sales up

Newswire

FRANKFURT, March 30 (Reuters) - German luxury carmaker BMW AG said on Tuesday its supervisory board would propose former chief executive Joachim Milberg to succeed Volker Doppelfeld as chairman, confirming a Reuters report. It also said the group had sold 113,000 cars in March, up from 106,972 in the same month last year, and the best month in sales volumes terms in the company's history. BMW reiterated it expected sales volumes to grow in 2004.

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