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    knowledge centre > Sector Updates > Automobiles
     
     

    Bayerische Motoren Werke AG

    Type of Company: Automotive industry

    Name of the company: Bayerische Motoren Werke AG

    Traded as: FWB: BMW

    Year of Establishment:1917

    About BMW : Bayerische Motoren Werke AG (BMW) (English: Bavarian Motor Works) is a German automobile, motorcycle and engine manufacturing company founded in 1917. It also owns and produces the Mini marque, and is the parent company of Rolls-Royce Motor Cars. BMW produces motorcycles under BMW Motorrad and Husqvarna brands. In 2010, the BMW group produced 1,481,253 automobiles and 112,271 motorcycles across all its brands.

    Founder: Franz Josef Popp

    Headquarters: Munich, Germany

    Area served: Worldwide

    CEO & Chiarma :Norbert Reithofer (CEO) & Joachim Milberg (Chairman of the supervisory board)

    Products: Automobiles, motorcycles, bicycles

    Revenue: €60.48 billion (2010)

    Employee Strength: 95,450 (end 2010)

    Operating income: €5.094 billion (2010)

    Profit: €3.218 billion (2010)

    Total assets: €108.87 billion (end 2010)

    Total equity: €23.10 billion (end 2010)

    Subsidiaries: Rolls-Royce Motor Cars Husqvarna

    Website: bmw.com

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