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The company is headed by Stephan Pierer (CEO of KTM). Pierer Industrie AG is 51% owner of KTM and 100% owner of Husqvarna. In September 2018, BMW unveiled a new self-driving motorcycle with BMW Motorrad with a goal of using the technology to help improve road safety. [56] The design of the bike was inspired by the company's BMW R1200 GS model. [57]
Zipse has announced BMW's increase in their joint venture with BMW Brilliance in China. [21] He supports BMW's expansions towards e-mobility production capacities, stating: "In the future, every BMW Group plant in Europe will be equipped to produce electrified as well as conventional vehicles." [22]
From further purchases he later owned 23.7% of the company. [1] In 1997, he joined the company's supervisory board. [5] Following his mother’s death in 2015, Quandt’s voting stake in BMW temporarily increased to 34.19 percent, above a 30 percent threshold which triggered a compulsory takeover offer under German rules. [6]
On 1 December 2008 Krüger was appointed to the BMW board of management, responsible for the Human Resources Department. [1] He was the youngest board member of BMW at the time. [8] In 2009, BMW became the first DAX company to link the salary of factory workers and the management salary. Krüger stated: "We're making sure that the pay gap doesn ...
BMW CEO Oliver Zipse says a 2035 gasoline ban will hit the European auto industry. Easing the ban, he said, would help reduce the EU's reliance on China for batteries.
While most of the car industry struggles in Europe and companies report severe earnings problems there, German-based BMW showed that, as the rich get richer, it can overcome deep problems in it ...
Susanne Hanna Ursula Klatten (née Quandt, born 28 April 1962) is a German billionaire heiress, the daughter of Herbert and Johanna Quandt.As of January 2022, her net worth was estimated at US$23.4 billion, and the richest woman in Germany and the 50th richest person in the world according to the Bloomberg Billionaires Index.
BERLIN (Reuters) -BMW expects strong sales growth in the fourth quarter, but warned rising inflation and interest rates would start to weigh on European demand in particular in the coming months.