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, and Motorrad brands. BMW is involved in the development, manufacturing, assembly, and sale of automobiles and off-road vehicles. 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 | Fleet Management Services | BMW |
Motorcycles | Financial and Leasing Services | MINI |
Vehicle Parts and Accessories | 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 | New Products/Services | In May, the company introduced a new generation of X2 range in Australia. |
2024 | New Products/Services | In April, the company introduced the BMW i5 M60 xDrive in India. |
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. |
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 | Munich | 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 | 60 |
Norbert Reithofer | Chairman | Non Executive Board | 2015 | 68 |
Walter Mertl | Chief Financial Officer | Senior Management | 2023 | 50 |
Frank Weber | Head - Development | Senior Management | 2020 | 58 |
David George | Head - UK Business | Senior Management | 2024 | - |
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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