Search results
Results From The WOW.Com Content Network
In 2023, the corporation group achieved a revenue of EUR 5.6 billion and had around 70,000 employees. [5] In terms of annual revenue, in 2022 the company ranked 64th among the 100 largest automotive suppliers in the world. [6] The company's customers include Audi, BMW, Jaguar, Land Rover, Mercedes-Benz, MINI, Porsche, Tesla, and Volkswagen. [7] [8]
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 ...
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 since 2017.
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."
However, BMW announced in June 2021 it would discontinue i3 sales in the US after the 2021 model year, replaced by the BMW iX and BMW i4 for that market in 2022. The end of production for US models occurred in July 2021; [ 63 ] [ 64 ] [ 65 ] Australian models were discontinued at the end of 2021.
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]
Get AOL Mail for FREE! Manage your email like never before with travel, photo & document views. Personalize your inbox with themes & tabs. You've Got Mail!