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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. [51] The design of the bike was inspired by the company's BMW R1200 GS model. [52]
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]
Zipse has spent his entire professional life at BMW AG. He joined the company in 1991 [6] as a trainee in development, technical planning and production. From 1992 to 1994, he worked as a project engineer in technology development.
The first hybrid BMW was the 2010 BMW ActiveHybrid 7, and BMW's first electric car was the BMW i3 city car, which was released in 2013. After many years of establishing a reputation for sporting rear-wheel drive cars, BMW's first front-wheel drive car was the 2014 BMW 2 Series Active Tourer multi-purpose vehicle (MPV).
Consolidation of the automobile industry is an ongoing occurrence. Behind each automobile brand lies larger parent corporations.Auto mobile corporations, external corporations and private shareholders commonly own varying amounts of multiple auto mobile corporations, thus resulting analysis of relationships between auto mobile corporations becomes increasingly complicated.
BMW’s success with EVs amid weakening demand could be a result of its two-pronged EV strategy, Frank Weber, the company's global CTO and board member, told Yahoo Finance at a briefing with ...
The upcoming BMW Neue Klasse saloon car will change that. Taking its inspiration from the company’s 1961 pivot that saved it from bankruptcy, this is a bold new leap forward towards the all ...
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 ...