This article is about the German automobile and motorcycle manufacturer. For other uses, see BMW (disambiguation).
BMW headquarters in Munich
| |
Aktiengesellschaft (AG) | |
Traded as | FWB: BMW |
Industry | Automotive |
Predecessor | Rapp Motorenwerke Bayerische Flugzeugwerke AG (BFW)[1] Automobilwerk Eisenach |
Founded | 7 March 1916 |
Founder | Franz Josef Popp, Karl Rapp, Camillo Castiglioni |
Headquarters | Munich, Bavaria, Germany |
Area served
| Worldwide |
Key people
| Harald Krüger (CEO) Norbert Reithofer (Chairman of the Supervisory Board) |
Products | Luxury vehicles, sports cars, motorcycles, bicycles |
Production output
| 2,430,507 vehicles (2015) |
Revenue | €92.175 billion (2015)[2] |
€9.224 billion (2015)[2] | |
Profit | €6.396 billion (2015)[2] |
Total assets | €172.174 billion (2015)[2] |
Total equity | €42.764 billion (2015)[2] |
Owner | Stefan Quandt (29%) Susanne Klatten (21%) Public float (50%) |
Number of employees
| 122,244 (2015)[2] |
Divisions | Mini BMW Motorsport BMW i BMW Motorrad |
Subsidiaries | |
Website | BMW Group BMW Automobiles |
Bayerische Motoren Werke AG (German pronunciation: [ˈbaɪ̯ʁɪʃə mɔˈtʰɔʁn̩ ˈvɛɐ̯kə] ( listen); German for Bavarian Motor Works), usually known under its abbreviation BMW (German pronunciation: [ˈbeːˈʔɛmˈveː] ( listen)), is a German luxury vehicle, motorcycle, and engine manufacturing company founded in 1916. It is one of the best-selling luxury automakers in the world.[3] The company is a component of the Euro Stoxx 50 stock market index.[4] Headquartered in Munich, Bavaria, BMW owns Mini cars and is the parent company of Rolls-Royce Motor Cars. BMW produces motorcars under the BMW Motorsport division and motorcycles under BMW Motorrad, and plug-in electric cars under the BMW i sub-brand and the "iPerformance" model designation within the regular BMW lineup.
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