Bayerische Motoren Werke AG ( English: Bavarian Motor Works), commonly known as BMW or BMW AG, is a German luxury automobile, motorcycle and engine manufacturing company founded in 1916. BMW is headquartered in Munich, Bavaria, Germany. It also owns and produces Mini cars, and is the parent company of Rolls-Royce Motor Cars. BMW produces motorcycles under BMW Motorrad, and plug-in electric carsunder the BMW i sub-brand. BMW is one of the best-selling luxury automakers in the world.
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BMW headquarters in Munich, Germany
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| Aktiengesellschaft (AG) | |
| Traded as | FWB: BMW |
| Industry | Automotive |
| Predecessor | Rapp Motorenwerke Bayerische Flugzeugwerke AG (BFW)[1] Automobilwerk Eisenach |
| Founded | March 7, 1916 |
| Founder | Franz Josef Popp, Karl Rapp,Camillo Castiglioni |
| Headquarters | Munich, Bavaria, Germany |
Area served
| Worldwide |
Key people
| Norbert Reithofer (Chairman of the Supervisory Board) Harald Krüger (Chairman of the Management Board) |
| Products | Luxury vehicles, sports cars,motorcycles, bicycles |
Production output
| 2,117,965 Automobiles (2014) about 120,000 Motorcycles (2014) |
| Revenue | €80,40 billion (2014)[2] |
| €8,707 billion (2014)[2] | |
| Profit | €3.00 billion (2014)[2] |
| Total assets | €182,72 billion (2015)[2] |
| Total equity | €37,43 billion (2014)[2] |
| Owner | Stefan Quandt: 17.4% Johanna Quandt: 16.7% Susanne Klatten: 12.6% Public float: 53.3% |
Number of employees
| 116,324 (2014)[2] |
| Divisions | Mini BMW Motorsport BMW i BMW Motorrad |
| Subsidiaries | |
| Slogan | "The Ultimate Driving Machine" |
| Website | BMW Group BMW Automobiles |
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