Global InformationBMW information
 | This article relies excessively on references to primary sources. (November 2023) |
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 BMW Headquarters in Munich, Germany | |
| Formerly | Rapp Moterenwerke AG |
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| Company type | Public (Aktiengesellschaft) |
Traded as | FWB: BMW DAX component |
| Industry | Automotive |
| Predecessors |
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| Founded | October 27, 1913 (as Rapp Motorenwerke) |
| Founder | Karl Rapp |
| Headquarters | Munich , Germany |
Area served | Worldwide |
Key people |
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| Products |
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Production output |
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| Brands |
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| Services | Car-sharing services, financing, leasing, insurance and other financial services |
| Revenue |  €142.610 billion (2022)[1] |
Operating income | €23.509 billion (2022)[1] |
Net income | €18.582 billion (2022)[1] |
| Total assets | €246.926 billion (2022)[1] |
| Total equity | €91.288 billion (2022)[1] |
| Owners |
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Number of employees | 149,475 (2022)[1] |
| Website |
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Bayerische Motoren Werke AG, commonly abbreviated to BMW (German pronunciation: [ˌbeːʔɛmˈveː] ⓘ), is a German multinational manufacturer of luxury vehicles and motorcycles headquartered in Munich, Bavaria, Germany. The company was founded in 1916 as a manufacturer of aircraft engines, which it produced from 1917 to 1918 and again from 1933 to 1945 creating engines for aircraft that were used in the Second World War.
Automobiles are marketed under the brands BMW, Mini and Rolls-Royce, and motorcycles are marketed under the brand BMW Motorrad. In 2017, BMW was the world's fourteenth-largest producer of motor vehicles, with 2,279,503 vehicles produced[3] and in 2022 the 7th largest by revenue.[4] In 2023, the company was ranked 46th in the Forbes Global 2000.[5] The company has significant motor-sport history, especially in touring cars, 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, following investments by the brothers Herbert and Harald Quandt in 1959 that saved BMW from bankruptcy, with the remaining shares owned by the public.
- ^ a b c d e f g "BMW Group Report 2022" (PDF). www.bmwgroup.com. pp. 2, 11, 57, 63. Retrieved 11 July 2023.
- ^ "BMW shares. Shareholder structure". www.bmwgroup.com. Retrieved 11 July 2023.
- ^ "World Motor Vehicle Production: OICA Correspondents Survey" (PDF). OICA. Archived (PDF) from the original on 4 May 2019. Retrieved 20 August 2021.
- ^ "Top 20 Automakers by Revenue | Worldwide Car Sales Revenue". F&I Tools.
- ^ "The Global 2000 2023". Forbes. Archived from the original on 29 January 2024. Retrieved 7 February 2024.