BMW [Bayerische Motoren Werke]
Bayerische Motoren Werke
Bayerische Motoren Werke AG (English: Bavarian Motor Works), commonly known as BMW, is a German automobile, motorcycle and engine manufacturing company founded in 1917. BMW is headquartered in Munich, Bavaria, Germany. It also owns and produces Mini cars, and is the parent company of Rolls-Royce Motor Cars. BMW produces motorcycles under BMW Motorrad. In 2010, the BMW group produced 1,481,253 automobiles and 112,271 motorcycles across all its brands. BMW is part of the "German Big 3" luxury automakers, along with Audi and Mercedes-Benz, which are the three best selling luxury automakers in the world.
| Type | Aktiengesellschaft |
|---|---|
| Traded as | FWB: BMW |
| Industry | Automotive |
| Predecessor(s) | Bayerische Flugzeugwerke AG (BFW) |
| Founded | 7 March 1916 |
| Founder(s) | Franz Josef Popp |
| Headquarters | Munich, Germany |
| Area served | Worldwide |
| Key people | Norbert Reithofer (CEO), Joachim Milberg (Chairman of the supervisory board), Adrian van Hooydonk (Vice-President), Karim Habib (Director of Design) |
| Products | Automobiles, motorcycles, bicycles |
| Production output | 1,481,253 Automobiles (2010) 112,271 Motorcycles (2010) |
| Revenue | €68.82 billion (2011) |
| Operating income | €8.006 billion (2011) |
| Profit | €4.881 billion (2011) |
| Total assets | €123.42 billion (2011) |
| Total equity | €27.10 billion (2011) |
| Employees | 102,007 (2011) |
| Divisions | Mini BMW Motorsport Rolls-Royce Motor Cars |
| Subsidiaries | |
| Website | bmwgroup.com |
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