BMW trades breadth for margin and puts AI to work At its Capital Market Day, BMW set out a route back to an 8% to 10% Automotive EBIT margin, built on regional production, agentic AI in the plant and 20% fewer divisions and management roles. Ilkhan Ozsevim
Raymond Wittmann becomes new production chief at BMW From May 2026, Raymond Wittmann will take over the production division from new BMW boss Milan Nedeljkovic. The rollout of the Neue Klasse, factory conversions worth billions and strong margin pressure could make his start a baptism of fire. Yannick Tiedemann
