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On his father's death in 1982 Quandt inherited 17.4% of BMW, [4] the company his father had saved from bankruptcy in 1959. From further purchases he later owned 23.7% of the company. [ 1 ] In 1997, he joined the company's supervisory board.
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]
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).
Zipse is an advocate of experimenting with and pioneering new technologies within the BMW group. Supporting the use of exoskeleton vests for workers at BMW's plant in Spartanburg, he stated: "We take out all opportunities to try something new, which we haven’t done so far. If the idea works in Spartanburg, we go somewhere else."
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.
This was the first time that cars bore the BMW brand on the roads. In 1928, Popp also concluded a license agreement with the US American company Pratt & Whitney, allowing BMW to manufacture two air-cooled radial engines. This ensured that BMW had access to key know-how in an area of aircraft engine construction with a great future.