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BMW Group: A Century of Automotive Excellence Bayerische Motoren Werke AG, commonly known as BMW, is a German multinational automotive giant headquartered in Munich. Founded in 1916 as an aircraft engine manufacturer, its involvement in World War II aircraft production is a notable part of its histo...
Image Source : Wikipedia
- Company type Public (Aktiengesellschaft)
- Industry Automotive
- Founded 27 October 1913
- Founders Karl Rapp
- Headquarters Munich, Germany
- Area served Worldwide
- Key people Oliver Zipse (Chairman of management board), Norbert Reithofer (Chairman of supervisory board)
- Services Car-sharing services, financing, leasing, insurance and other financial services
- Revenue €155.50billion (2023)
- Net income €12.165 billion (2023)
- Number of employees 154,950 (2023)
- Website www.bmwgroup.com (corporate), bmw.com (brand)
Related Other Pages:
- General Motors, Tesla and Ferrari
Bmw history
Last Updated : 26/03/25, 07:04 PM
BMW: A Century of Innovation and Resilience Founded in 1910 as the Otto Flugmaschinenfabrik, the company, reorganized in 1916, ultimately adopted the BMW name in 1922. Initially producing aircraft engines, BMW adapted after World War I, manufacturing motorcycles, and later, automobiles, starting wit...
BMW NEWS
EU says BMW, Daimler, VW colluded to limit emissions tech
April 05, 2019 8:40 pm
The EU antitrust regulator said that after an in-depth investigation, it found that BMW, Daimler and Volkswagen, including its Audi and Porsche units, broke EU laws from 2006 to 2014.
Donald Trump wants European autos BMW, Mercedes to be made in America
March 22, 2019 10:07 pm
Trump said that he would agree to zero-tariff levels on some trade with Europe but wouldn’t on autos without this concession.
South Korea fines BMW $10 million over several engine fires
December 24, 2018 9:25 am
BMW's South Korean unit didn't immediately comment on the ministry's announcement.
BMW drives to cut battery costs, share costs on autonomous vehicles, says executive
September 17, 2018 12:31 pm
BMW management board member Klaus Froehlich said automakers and large suppliers are beginning to discuss how to agree on one standard for autonomous-vehicle systems.
BMW posts record half-yearly sales in India
July 05, 2018 8:15 pm
During the period under review, the company delivered 4,890 BMW cars, a growth of 12 per cent as compared to last year. It also despatched 281 units of MINI brand during the period, a growth of 30 per cent over the last year.
Automakers, seeking Silicon Valley tech in vehicle systems, land in patent wars
December 08, 2017 6:09 pm
Top automakers are now entering patent battles, as they try to enable their vehicles with cutting-edge technology features being provided by Silicon Valley companies.
BMW uses Snapchat's 3D AR trial technology to 'show' the X2 car
November 23, 2017 2:05 pm
BMW collaborated with Snapchat's new augmented trial lens by letting customers 'try' out the new X2 car by customising its colours and viewing it from all angles.
Hit by BMW, tempo driver dies at Vile Parle
July 31, 2017 2:53 am
According to the police, tempo driver Sunilkumar Jaiswal and another occupant, Rajan Jaiswal, had been rushed to the Cooper Hospital where Sunilkumar succumbed to his injuries. Doctors discharged Rajan after treating his head injuries.
Difficult to popularise green cars without government support: BMW
June 18, 2017 4:35 pm
The government is working on a scheme to provide electric cars on zero down payment for which people can pay out of their savings on expensive fossil fuels, for becoming 100 per cent electric vehicle nation by 2030.
Munich, home to BMW, considers diesel ban to tackle pollution
June 14, 2017 3:42 pm
Due to strong diesel demand in their home market, given the technology's fuel efficiency, Germany's three major carmakers have traditionally spent heavily on diesel plants and development.
