Bayerische Motoren Werke AG - Company Profile
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Bayerische Motoren Werke AG (BMW) is an automotive company. It develops, manufactures, and sells automobiles and motorcycles, spare parts and accessories, and engines. The company also offers deposit business, retail customer and dealer financing, insurance, fleet business, and car leasing services. It markets products under the BMW, MINI, Rolls-Royce, Alphabet, John Cooper Works, YOUR NOW, and Motorrad brands. The company serves customers in Europe, the Americas, Asia, and other regions. It has production and assembly facilities, and a sales network across the world. BMW is headquartered in Munich, Bayern, Germany.
Bayerische Motoren Werke AG premium industry data and analytics
Products and Services
Products | Services | Brands |
---|---|---|
Passenger Cars | Financial and Leasing Services | BMW |
Motorcycles | Fleet Management Services | MINI |
Engines | Rolls-Royce | |
XYZ | XYZ | |
XYZ | XYZ | |
XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
Year | Event | Description |
---|---|---|
2024 | Contracts/Agreements | In March, the company entered into a partnership with Farnborough Airport to utilize the company’s electric i7 vehicles as part of a four-week showcase for its guests. |
2024 | Plans/Strategy | In March, the company announced its plans to manufacture the Neue Klasse models in Shenyang, China. |
2024 | Contracts/Agreements | In March, BMW of North America was selected as an official premium automotive partner for the BNP Paribas Open. |
Competitor Comparison
Key Parameters | Bayerische Motoren Werke AG | Toyota Motor Corp | Mercedes-Benz Group AG | Honda Motor Co Ltd | Hyundai Motor Co |
---|---|---|---|---|---|
Headquarters | Germany | Japan | Germany | Japan | South Korea |
City | Muenchen | Toyota-Shi | Stuttgart | Minato-Ku | Seoul |
State/Province | Bayern | Aichi | Baden-Wurttemberg | Tokyo | - |
No. of Employees | 154,950 | 375,235 | 166,056 | 197,039 | 70,032 |
Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
Name | Position | Board | Since | Age |
---|---|---|---|---|
Oliver Zipse | Chief Executive Officer | Senior Management | 2019 | 59 |
Walter Mertl | Chief Financial Officer | Senior Management | 2023 | 49 |
E. h. Norbert Reithofer | Chairman | Non Executive Board | 2015 | 67 |
Joachim Post | Head - Purchasing and Supplier Network | Senior Management | 2022 | 52 |
Ilka Horstmeier | Director - Labour Relations; Head - People and Real Estate | Senior Management | 2019 | 54 |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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