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The company's automobiles are marketed under the BMW, Mini and Rolls-Royce brands, and motorcycles are marketed under the BMW Motorrad brand. In 2023, BMW was the world's ninth-largest producer of motor vehicles, and the 6th largest by revenue, [3] with 2,555,341 vehicles produced in that year alone. [4]
The BMW Manufacturing Co., LLC, also known as BMW Spartanburg, is the BMW Group's only assembly facility in the United States, and is located in Greer, South Carolina. [11] The plant is currently BMW's major global production site for the X3, X4, X5, X6, X7, and XM crossover SUVs, [ 12 ] whose biggest market is the U.S., while other BMW models ...
Make it two years in a row for Bimmer. Consumer Reports (CR) named BMW the top overall pick in its 2024 Brand Report Card rankings, with the German automaker becoming the first back-to-back winner ...
Investor relations (IR) is a "strategic management responsibility that is capable of integrating finance, communication, marketing and securities law compliance to enable the most effective two-way communication between a company, the financial community, and other constituencies, which ultimately contributes to a company's securities achieving fair valuation."
In 2018, Quandt became BMW’s largest single shareholder when his direct ownership increased with shares inherited from his mother, giving him a so-called “blocking stake” of 25.83 percent, worth 13.4 billion euros ($16.6 billion). [7] He currently [when?] is deputy chairman of the BMW supervisory board. [8]
The BMW 530MLE in 1976 was the second car that BMW’s fledgling M division produced, and it was designed to compete in South Africa's Modified Production Series instead of the regular E12 528i. 100 homologated road cars had to be produced by BMW South Africa under the regulations, with 105 to 110 of these eventually being sold to the public. [11]
The BMW iX was released in June 2021 as a 2022 model, alongside the BMW i4. Sales began in November 2021. At launch, BMW indicated the release was part of an ongoing effort to reach a 50% global share of the electric vehicle market. The BMW iX was announced to be manufactured at the BMW Group Plant Dingolfing. [11]
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