BM is on the way

This article is about the German motor vehicle manufacturer. For other uses, see BMW (disambiguation).
Bayerische Motoren Werke AG
BMW.svg
The BMW logo used since 1997
2014 BMW.JPG
BMW's headquarters in Munich, Germany
Type Public (Aktiengesellschaft)
Traded as FWB: BMW
DAX Component
Industry Automotive
Predecessors Rapp Motorenwerke
Bayerische Flugzeugwerke
Fahrzeugfabrik Eisenach
Founded 7 March 1916; 104 years ago
Founders Camillo Castiglioni
Franz Josef Popp
Karl Rapp
Headquarters Munich, Germany
Area served Worldwide
Key people Oliver Zipse, Chairman of the Board of Management
Norbert Reithofer, Chairman of the Supervisory Board
Products
Carsmotorcycles
Production output Increase 2,564,025 vehicles (2019)
Brands
Automobiles
BMW
BMW i
BMW M
Mini
Rolls-Royce
Motorcycles
BMW Motorrad
Revenue Increase €104.210 billion (2019)[1]
Operating income Decrease €7.412 billion (2019)[1]
Net income Decrease €5.022 billion (2019)[1]
Total assets Increase €228.034 billion (2019)[1]
Total equity Increase €59.907 billion (2019)[1]
Owners Public float (50%);
Stefan Quandt (29%),
Susanne Klatten (21%)
Number of employees 133,778 (2019)[1]
Website bmwgroup.com
Bayerische Motoren Werke AG, commonly referred to as BMW (German pronunciation: [ˈbeːˈʔɛmˈveː] (About this soundlisten)), is a German multinational corporation which produces luxury vehicles and motorcycles. The company was founded in 1916 as a manufacturer of aircraft engines, which it produced from 1917 until 1918 and again from 1933 to 1945.

Automobiles are marketed under the brands BMW, Mini and Rolls-Royce, and motorcycles are marketed under the brand BMW Motorrad. In 2015, BMW was the world's twelfth-largest producer of motor vehicles, with 2,279,503 vehicles produced.[2] The company has significant motorsport history, especially in touring cars, Formula 1, sports cars and the Isle of Man TT.

BMW is headquartered in Munich and produces motor vehicles in Germany, Brazil, China, India, South Africa, the United Kingdom, the United States and Mexico. The Quandt family is a long-term shareholder of the company (with the remaining shares owned by public float), following brothers Herbert and Harald Quandt's investments in 1959 which saved the company from bankruptcy.

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