The BMW Group is the top premium vehicle and motorcycle manufacturer in the world and also offers top-notch financial and mobility services through its four brands, BMW, MINI, Rolls-Royce, and BMW Motorrad. The BMW Group manufacturing network encompasses 31 production and assembly facilities in 15 countries; the corporation has a global sales network in more than 140 countries.
The BMW Group sold more than 169,000 motorcycles and over 2.3 million passenger cars in 2020. The profit before tax in the financial year 2019 was EUR 7.118 billion on revenues amounting to EUR 104.210 billion. A total of 126,016 people worked for the BMW Group as of December 31, 2019.
The success of the BMW Group has always been based on long-term thought and prudent action. As a result, the company has made resource conservation a core component of its strategy, as well as comprehensive product responsibility and ecological and social sustainability across the entire value chain.
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A Guide to Automobile Companies
Here’s a list the major automotive firms that sell in the U.S. and the brands they now provide here.
BMW Group owns BMW, Mini, and Rolls-Royce. Daimler AG owns Mercedes-Benz and Smart. Lincoln and Ford are owned by Ford Motor Co. Chevrolet, GMC, Buick, and Cadillac all belong to General Motors. Hummer is back as a GMC subsidiary brand. In order to co-develop EVs, GM and Honda have a formal partnership. Acura and Honda are owned by Honda Motor Co. It collaborates with GM. And it formed an electric car company with Sony, called Sony Honda Mobility. Genesis, Hyundai, and Kia are all owned by Hyundai Motor Group. Mazda is owned by Mazda Motor Corp. Mitsubishi, Nissan, and Infiniti are all owned by the Renault-Nissan-Mitsubishi Alliance. Stellantis is the new corporation formed from the Fiat Chrysler Automobiles and Peugeot S.A. merger. The FCA brands now sold in the United States are under Stellantis: Alfa Romeo, Chrysler, Dodge, Fiat, Jeep, Maserati, and Ram. The name is explained as having its roots in the Latin word “stello,” which means “to shine with stars.” Other Stellantis automobile brands include Citroen, DS Automobiles, Opel, Peugeot, and Vauxhall. Subaru is owned by Subaru Corp. Jaguar and Land Rover are owned by Tata Motors. Tesla owns Tesla. Lexus and Toyota are owned by Toyota Motor Corp. Additionally, it owns stock in Suzuki and Subaru. The automotive brand VinFast, along with VinHomes, VinBigData, VinBioCare, and VinBrain, are all owned by VinGroup. Volkswagen AG owns Audi, Bentley, Bugatti, Lamborghini, Porsche, Scout, and Volkswagen. Volvo, Polestar, and Lotus are all brands owned by Zhejiang Geely Holding Group (ZGH).
BMW’s two problems
If you believed that the Mini Cooper was originally a symbol of Britain, you should know that BMW, a German luxury automaker, owns and manufactures Mini cars. Following a deal with Volkswagen Group, who now have custody of Bentley, BMW is now the parent company of Rolls-Royce Motor Cars, another British luxury car brand that attracts attention everywhere it travels.
In 1917, the engine manufacturer Rapp Motorenwerke changed its name to Bayerische Motoren Werke, and in 1922 it amalgamated with the aircraft manufacturer Bayerische Flugzeug-Werke. It initially began selling aviation engines before extending its manufacture to include motorcycles and cars in the future.
In relation to the Volkswagen group, numerous well-known automobile brands are owned by this German automotive behemoth. Volkswagen presently retains a majority holding in Audi, Scania and Porsche, and also entirely owns Skoda Auto, Lamborghini, and Ducati. Clearly, the Volkswagen Group chooses its car brands properly – they boast ownership of some of the best and most renowned automobile brands in the world.
In order to mobilize its population for the future, the brand wanted to have a car for the masses. Only a few of the models were produced before the start of World War II, at which point the factory shifted its focus to producing military vehicles.
Following the war, production of the company’s iconic Beetle began to pick up again, eventually reaching a total of over 21 million. Volkswagen’s corporate headquarters are in Wolfsburg, Germany. These assets are within the corporation’s control:
- Volkswagen
- Bentley
- Audi
- Bugatti
- Porsche
- SEAT
- Lamborghini
- Skoda
- MAN
- Scania
- Ducati
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 market automobiles, and BMW Motorrad is used to market motorcycles. With 2,279,503 vehicles produced 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.
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 (with the remaining shares owned by public float), following investments by the brothers Herbert and Harald Quandt in 1959 which saved the company from bankruptcy.
Audi Group
- BMW
- Mini
- Rolls-Royce
BMW has been manufacturing automobiles since the First World War and has manufacturing plants all around the world. The BMW brand is one of only a select few to enjoy such longevity while maintaining the same name and logo as a manufacturer of luxury vehicles, frequently with a sporty bent. Fun fact: the blue-and-white roundel reflects Bavaria’s national colours and not a whirling airplane propeller.
What does BMW mean?
The acronym BMW refers for Bayerische Motoren Werke GmbH, which roughly translates to the Bavarian Engine Works Company. The name refers to where the corporation first started, in the German state of Bavaria.
Does BMW produce its own engines?
FRANKFURT — BMW said it will retool its German facilities to make electric cars and components and shift manufacturing of combustion engines to operations in England and Austria as part of a broader transition toward low-emissions cars.
By the end of 2022, all of BMW’s German plants will produce at least one fully electric vehicle, according to board member Milan Nedeljkovic, who is in charge of production at the company.
With a 400 million euro investment till 2026, BMW’s facility in Munich, Germany, which presently constructs 4-, 6-, 8-, and 12-cylinder combustion engines, will be retooled to produce next-generation electric vehicles.
Eight and twelve cylinder engines will be produced in Hams Hall, England, according to BMW, while other engines will be produced in Steyr, Austria.
The majority of the investments will go to factories in Munich, Dingolfing, and Regensburg in the German state of Bavaria, where BMW is headquartered.
Munich will be home to the production of the fully electric BMW i4 while Regensburg and Dingolfing, Germany, will build the fully electric 5-series and 7-series vehicles.
At its Dingolfing factory, where electric car powertrains are produced, BMW said the number of employees will double to 2,000.
The Mini Countryman will be produced by BMW in Leipzig, Germany, in both combustion engine and electric versions, and the Regensburg and Leipzig plants are preparing to produce battery modules.
By the end of the year, BMW plans to reduce costs by 500 million euros, the business added.
Factories throughout the globe are screaming for investment into next-generation cars as electric vehicles gain ground with consumers and as governments expedite the extinction of the combustion engine.
Germany on Wednesday proposed a 3-billion-euro ($3.56 billion) scheme to promote low-emissions cars and Britain said it will ban the sale of new gasoline and diesel cars and vans from 2030.