BMW
The BMW Group, 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 creating engines for aircraft that were used in the Second World War. Automobiles are marketed under the brands BMW, Mini and Rolls-Royce, and motorcycles are marketed under the brand BMW Motorrad. In 2023, BMW was the world's ninth-largest producer of motor... Wikipedia
- Formerly called: Rapp Moterenwerke AG
- Type: Public (Aktiengesellschaft)
- Traded as: FWB, DAX component
- Industry: Automotive
- Predecessors: Otto Flugmaschinenfabrik, Rapp Motorenwerke, Fahrzeugfabrik Eisenach
- Founded: October 27, 1913 (as Rapp Motorenwerke), March 7, 1916 (as BMW)
- Founder: Karl Rapp
- Area served: Worldwide
- Key people: Oliver Zipse (Chairman of management board), Norbert Reithofer (Chairman of supervisory board)
- Products: Cars, motorcycles, bicycles
- Brands: Automobiles, Alpina, BMW (i, M, X, Z), DriveNow, Mini, Rolls-Royce, Motorcycles, BMW Motorrad
- Production output: 2,661,922 cars (2023), 221,988 motorcycles (2023)
- Services: Car-sharing services, financing, leasing, insurance and other financial services
- Revenue: €155.50 billion (2023)
- Operating income: €17.096 billion (2023)
- Total assets: €250.89 billion (2023)
- Total equity: €92.923 billion (2023)
- Owners: Stefan Quandt (25.8%), Susanne Klatten (20.9%)
- Number of employees: 154,950 (2023)
- Website: bmw.com] (brand), [bmwgroup.com] (corporate)