UPDATE 1-BMW proposes ex-CEO Milberg as chairman, sales up

Newswire

(Adds detail, background, shares) FRANKFURT, March 30 (Reuters) - German luxury carmaker BMW AG proposed former Chief Executive Joachim Milberg as new supervisory board chairman on Tuesday and repeated forecasts for higher vehicle sales this year after a record March. Reuters reported on Monday that supervisory board chairman Volker Doppelfeld, 68, would stand down after the group's annual general meeting on May 13 on grounds of age and that Milberg, CEO until the end of 2001, was in the ...

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