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.
Headquarters
Germany
Address
Petuelring 130, Muenchen, Bayern, 80788
Website
www.bmwgroup.com
Telephone
49 89 3820
No of Employees
154,950
Industry
Automotive
Ticker Symbol & Exchange
BMW (ETR)
Revenue (2022)
$168.2B
9%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
-37.1%
(2022 vs 2021)
Market Cap*
$73.9B
Net Profit Margin (2022)
XYZ
-42.3%
(2022 vs 2021)
* As of and is in US$
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 April, the company entered into an agreement with Tata Technologies to create a joint venture to build an automotive software and IT development hub in Pune, Bengaluru, and Chennai, India. |
| 2024 | Contracts/Agreements | In April, the company entered into an agreement with Rimac Technology for high-voltage battery units. |
| 2024 | Contracts/Agreements | In April, the company and E.ON Hungaria signed an agreement to construct a 50-hectare solar farm in Debrecen, Hungary. |
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 |
| Ilka Horstmeier | Director - Labour Relations; Head - People and Real Estate | Senior Management | 2019 | 54 |
| Frank Weber | Head - Development | Senior Management | 2020 | 57 |
| 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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