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The corporate profile of the BMW Group.
The BMW Group is particularly fascinating because of its pioneering technologies, innovative products, and creative designers who have contributed to its rich history. Today, the BMW Group is the world’s top producer of luxury cars and motorbikes as well as a top provider of financial and mobility services. It has 31 production and assembly facilities spread over 15 countries, as well as a global sales network.
BMW
With its headquarters in Munich, Bavaria, Germany, Bayerische Motoren Werke AG, also known as BMW (German pronunciation: [,be:?em’ve](listen)), is a global producer of high-performance luxury cars and motorbikes. The company was established in 1916 to develop airplane engines, which it did from 1917 to 1918 and once more from 1933 to 1945.
BMW, Mini, and Rolls-Royce are the brands used to advertise automobiles, and BMW Motorrad is used to promote motorbikes. With 2,279,503 vehicles manufactured in 2017, BMW ranked as the fourteenth-largest automaker in the world. The business has a long history in motorsport, particularly in touring vehicles, sports cars, and the Isle of Man TT.
In addition to producing cars in Germany, Brazil, China, India, Mexico, the Netherlands, South Africa, the United Kingdom, and the United States, BMW has its headquarters in Munich. Following investments made by the brothers Herbert and Harald Quandt in 1959 that kept the business from going bankrupt, the Quandt family has been a long-time shareholder of the company (with the remainder shares being owned by the public float).
Does the BMW family still own it?
Billionaire Stefan Quandt and his sister Susanne Klatten jointly hold half of BMW, making it a partially family-owned business.
Since Herbert Quandt salvaged the business from bankruptcy in the late 1950s, BMW (or Bayerische Motoren Werke AG) has been at least partially controlled by the Quandt family, despite around 50% of shares being traded publicly on the stock market.
Stefan and Susanne, his third-married children, acquired 23.7% and 19.2%, respectively, of the BMW shares upon Herbert Quandt’s passing in 1982.
Even though they only directly control a small fraction of the company’s shares, they have been steadily expanding their ownership since then. The remainder are held by various corporate entities.
A FEW MILESTONES IN THE BMW GROUP’S HISTORY
Karl Rapp and Gustav Otto are the founders of BMW. At the request of the German government, Flugmaschinenfabrik Gustav Otto merged with Bayerische Flugzeug-Werke AG (BFW) in 1916. The Rapp Motorenwerke corporation changed into the Bayerische Motoren Werke GmbH in 1917, and the latter subsequently became an AG (public limited company) in 1918. Later, in 1922, BMW AG gave BFW control of its engine building operations, including the business and brand names. Bayerische Motoren Werke AG was established on March 7, 1916, which will forever be known as the birthdate of BFW.
BMW unveiled the R 32, its first motorcycle, in 1923. The business has only produced engines up to that point, not entire vehicles. The first BMW Motorrad model’s basic design, which had a boxer engine with longitudinally positioned cylinders and cardan-shaft drive, was so sound that it is still an essential part of the business’s motorbike lineup today.
The 1952-built BMW 501 was the company’s first post-war automobile. It was a big sedan with room for up to six passengers, and it was powered by an upgraded version of the pre-war BMW 326’s six-cylinder engine. Despite its lack of commercial success, this high-end model helped BMW regain its reputation as a producer of beautiful, innovative vehicles.
BMW filled a market vacuum by introducing the 1500 model at the 1961 German Motor Show. This particular model helped BMW regain its status as an effective contemporary automaker. The four-door mile-eater rapidly sparked interest, and orders vastly outpaced available production space. The business was once again profitable by 1963.
With the debut of the BMW Group’s first all-electric series-production model, the BMW i3, by the new BMW I brand, BMW ushered in a new age of electric mobility. The i3 offered a brand-new driving experience of captivating agility and unrestrained fun because it was propelled by an electric motor (and hence completely emission-free). Sustainability has never been more exciting.
Is BMW a public company?
The listing page for BMW Industries Ltd. lists the company’s incorporation date, public issue date, book closing dates, face value, key listing details, indexes it is a member of, and the exchanges on which it is traded.
How long ago did BMW go public?
The Rapp Motorenwerke company changed its name to Bayerische Motoren Werke GmbH in 1917, and that corporation was then transformed into an AG (public limited company) in 1918. Later, in 1922, BMW AG ceded to BFW its engine construction operations, together with the company and brand identities.
Who owns the most BMW shares?
BERLIN (Reuters) – A regulatory filing on Tuesday revealed that Stefan Quandt has surpassed other shareholders to become BMW’s BMWG.DE largest individual stakeholder, giving him a sizeable holding to thwart any prospective takeover of the Bavarian automaker.
Can I purchase BMW stock?
Investors should take the following actions to purchase shares of BMW AG:
How much BMW AG stock should you buy:
Choose the amount you want to put into BMW AG stock. Never risk more money than you’re willing to lose when investing.
Account creation
Go to the “Open Account” page and complete the form’s mandatory fields there to open an account.
Investing in BMW Stock using a Trading Platform:
After creating an account, you can use the MetaTrader or NetTradeX trading platforms to trade CFDs on shares of BMW AG. The Xetra stock market is where shares of BMW AG are traded.
What number of shares does BMW own?
BMW has a stellar past that spans 2010 to 2022. The number of shares held by shareholders (including insiders) after conversion of all convertible debt, securities, warrants, and options is known as shares outstanding. Treasury shares of the corporation are not included in this statistic.
- BMW had 0.660 billion shares outstanding as of the three months ended June 30, 2022, a rise of 0.13% from the previous year.
A multi-brand automaker with an emphasis on the premium areas of the global auto and motorcycle industries is BAYERISCHE MOTOREN WERKE AG. BMW, MINI, and Rolls-Royce are three of its brands. The 1 Series sports hatchback, the 3 Series with sedan, touring, coupe, and convertible models, the 5 Series with sedan and touring models, the 6 Series with coupe or convertible options, the 7 Series large sedan, the Z4 roadster and coupe, the X3, X5, and X6 sports utility vehicles, and M models like the M3, M5, and M6 are all part of the company’s lineup of BMW cars. Under the BMW brand, a range of motorbikes are also offered.
BMW is still produced in Germany?
So, where are BMW’s factories and is BMW foreign? The answer to the query “Where is BMW made?” is not singular. BMW factories can currently be found in Germany, China, South Africa, Mexico, and the U.S., where parts and vehicles for this German brand are produced and put together.
Who produces the BMW engines?
For Mercedes Benz India and BMW-India, Force Motors produces high-performance, premium-quality engines and axles.
Force Motors has provided more than 1,15,000 engines and 1,00,000 axles to Mercedes Benz India to date. The front and rear axles of the C, E, and S class passenger cars as well as the GL Class SUVs have been added to this portfolio. This covers the 4 and 6 cylinder V-type gasoline and diesel engines, which are used to power the whole lineup of cars and SUVs produced by Mercedes Benz India.
BMW tasked Force Motors in 2015 with building and testing the engines for all cars and SUVs that would be manufactured in India. To develop and supply engines for their 3, 5, 7, GT series cars and X1, X3, X5 series SUVs made in India, Force Motors established a specialized state-of-the-art plant in Chennai next to the BMW factory. Over 44,000 engines have now been provided by Force Motors to BMW.
How wealthy is the BMW owner?
German manufacturer, engineer, and wealthy heir Stefan Quandt was born on May 9, 1966. His estimated net worth as of October 2021 was $23.2 billion, placing him 89th on the Bloomberg Billionaires Index.
BMW versus Mercedes, who is wealthier?
The 19th edition of Interbrand’s Best Global Brands is now available. These are the top 100 brands in the world by value. The most valued brand is Apple, which is worth $214 billion. The list included several automakers, with two ranking in the top 10.
Toyota, the main brand of the Toyota Motor Corp. (NYSE: TM), which came in eighth overall on the list, is the most valuable auto brand, according to Interbrand. Its estimated value increased by 6% to $53 billion. It competes with Volkswagen for the top spot in terms of automobiles produced globally most years.
Two luxury brands from Germany come next. Mercedes placed ninth overall among automakers with $47 billion, a 2 percent increase. With a $41 billion valuation, down 1%, BMW was rated 13th.
Honda Motor Corp. Ltd. (NYSE: HMC), Japan’s second-largest automaker, ranked 20th with $24 billion, an increase of 4%. At $14 billion, up 3%, the Ford brand of Ford Motor Co. (NYSE: F) was ranked 35th. Hyundai, a South Korean automaker, came in at number 31 with $14 billion, an increase of 3%.
The Nissan brand, which is owned by the third-largest automaker in Japan, came in at number 40 with a $12 billion, or 6%, increase in brand value. With a brand value of $12 billion, up 6%, Volkswagen came in at number 41. Audi, a Volkswagen stablemate, came in at number 41 with a brand worth of $12 billion, an increase of 1%. Porsche, another Volkswagen brand, came in 52nd with $11 billion, an increase of 6%.
South Korean automaker Kia, which ranks 71st on the list, has a brand value of $7 billion, up 4%. At $6 billion, Land Rover moved up two places to 78th place. Ferrari, a specialized ultra-luxury vehicle manufacturer, came in at number 80 with $6 billion, up 18%. Mini by BMW, which increased by 3% to $5 billion, was rated 90th.
Subaru from Japan, which was new to the list and ranked 100th in terms of brand value, had a $4 billion brand value. No brands from General Motors were included in the Top 100 list.
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