Company Overview and History
– BMW is a German multinational manufacturer of luxury vehicles and motorcycles.
– The company was founded in 1916 as a manufacturer of aircraft engines.
– BMW produces automobiles under the brands BMW, Mini, and Rolls-Royce.
– They also produce motorcycles under the brand BMW Motorrad.
– In 2022, BMW had 149,475 employees.
– BMW was originally founded as Bayerische Flugzeugwerke AG in 1916.
– The company’s name was changed to Bayerische Motoren Werke (BMW) in 1922.
– BMW started as an aircraft engine manufacturer and later expanded into motorcycles.
– BMW became an automobile manufacturer in 1928.
– During World War II, BMW focused on aircraft engine production and used slave labor.
Global Presence
– BMW is headquartered in Munich, Bavaria, Germany.
– The company produces motor vehicles in various countries including Germany, Brazil, China, India, Mexico, the Netherlands, South Africa, the United Kingdom, and the United States.
– BMW is the 7th largest motor vehicle producer by revenue in 2022.
– The Quandt family is a long-term shareholder of the company.
– The brothers Herbert and Harald Quandt made investments in 1959 that saved BMW from bankruptcy.
Product Range
– BMW produces luxury vehicles, including sports cars and larger luxury cars.
– The company also produces motorcycles.
– The brands under BMW include BMW, Mini, and Rolls-Royce.
– BMW’s first motorcycle, the BMW R 32, was produced in 1923.
– BMW expanded its range into sports cars and larger luxury cars in the 1930s.
Motor-Sport History
– BMW has a significant motor-sport history, particularly in touring cars, sports cars, and the Isle of Man TT.
– The company has participated in various racing events and championships.
– BMW has achieved success and recognition in the motor-sport industry.
– The motor-sport heritage of BMW contributes to its brand image and reputation.
– BMW’s involvement in motor-sport showcases its engineering and performance capabilities.
Statistics and Rankings
– In 2022, BMW had 149,475 employees.
– BMW is the 7th largest motor vehicle producer by revenue in 2022.
Bayerische Motoren Werke AG, abbreviated as BMW (German pronunciation: [ˌbeːʔɛmˈveː] ⓘ), is a German multinational manufacturer of luxury vehicles and motorcycles headquartered in Munich, Bavaria, Germany. The company was founded in 1916 as a manufacturer of aircraft engines, which it produced from 1917 to 1918 and again from 1933 to 1945.
 Holding logo for the BMW Group since 2020 | |
 BMW Headquarters in Munich, Germany | |
| Formerly | Bayerische Flugzeugwerke AG |
|---|---|
| Type | Public (Aktiengesellschaft) |
| FWB: BMW DAX component | |
| Industry | Automotive |
| Predecessors | |
| Founded | 7 March 1916 |
| Founders | |
| Headquarters | , Germany |
Area served | Worldwide |
Key people |
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| Products | |
Production output |
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| Brands |
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| Services | Financial services |
| Revenue |  €142.610 billion (2022) |
| €23.509 billion (2022) | |
| €18.582 billion (2022) | |
| Total assets | €246.926 billion (2022) |
| Total equity | €91.288 billion (2022) |
| Owners |
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Number of employees | 149,475 (2022) |
| Website |
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Automobiles are marketed under the brands BMW, Mini and Rolls-Royce, and motorcycles are marketed under the brand BMW Motorrad. In 2017, BMW was the world's fourteenth-largest producer of motor vehicles, with 2,279,503 vehicles produced and in 2022 the 7th largest by revenue. The company has significant motor-sport history, especially in touring cars, sports cars, and the Isle of Man TT.
BMW is headquartered in Munich and produces motor vehicles in Germany, Brazil, China, India, Mexico, the Netherlands, South Africa, the United Kingdom, and the United States. The Quandt family is a long-term shareholder of the company, following investments by the brothers Herbert and Harald Quandt in 1959 that saved BMW from bankruptcy, with the remaining shares owned by the public.
