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The '''BMW Group''' (legally, '''Bayerische Motoren Werke AG''', commonly abbreviated to '''BMW''' ({{IPA|de|ˌbeːʔɛmˈveː|–|De-BMW.ogg}}), sometimes anglicized as '''Bavarian Motor Works'''), is a German multinational manufacturer of [[luxury vehicle]]s and [[motorcycle]]s headquartered in [[Munich]], [[Bavaria]], Germany. The company was founded in 1916 as a manufacturer of [[aircraft engine]]s, which it produced from 1917 to 1918 and again from 1933 to 1945 creating engines for aircraft that were used in the [[World War II|Second World War]].
The companies automobiles are marketed under the BMW, [[Mini (marque)|Mini]] and [[Rolls-Royce Motor Cars|Rolls-Royce]] brands, and motorcycles are marketed under the [[BMW Motorrad]] brand.
BMW is [[BMW Headquarters|headquartered in Munich]] and produces motor vehicles in Germany, the United Kingdom, the Netherlands (ceased in 2023),<ref>{{Cite web|url=https://nos.nl/artikel/2352434-tegenslag-voor-nedcar-bmw-stopt-in-2023-met-de-productie-in-born|title=Tegenslag voor Nedcar: BMW stopt in 2023 met de productie in Born|date=15 October 2020|website=nos.nl}}</ref> the United States, Brazil, Mexico, South Africa, India and China. The {{Interlanguage link multi|Quandt (family)|lt=Quandt family|de|3=Quandt (Familie)}} is a long-term shareholder of the company, following investments by the brothers [[Herbert Quandt|Herbert]] and [[Harald Quandt]] in 1959 that saved BMW from [[bankruptcy]], with the remaining shares owned by
==History==
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The first modern mass-produced turbocharged petrol engine was introduced in 2006 (from 1973 to 1975, BMW built 1,672 units of a turbocharged [[BMW M10]] engine for the [[BMW 02 Series]]),<ref>[https://bmw-grouparchiv.de/research/detail/index.xhtml?id=3826800 "BMW 2002 turbo"]. {{Webarchive|url=https://web.archive.org/web/20230425132944/https://bmw-grouparchiv.de/research/detail/index.xhtml?id=3826800 |date=25 April 2023 }}. BMW Group. Retrieved 26 August 2020.</ref> with most engines switching over to turbocharging over the 2010s. The first hybrid BMW was the 2010 [[BMW 7 Series (F01)|BMW ActiveHybrid 7]], and BMW's first mass-production electric car was the [[BMW i3]] city car, which was released in 2013, (from 1968 to 1972, BMW built two battery-electric [[BMW 02 Series|BMW 1602 Elektro]] saloons for the 1972 Olympic Games).<ref>[https://bmw-grouparchiv.de/research/detail/index.xhtml?id=3921907 "BMW 1602 Elektro"]. {{Webarchive|url=https://web.archive.org/web/20220428080131/https://bmw-grouparchiv.de/research/detail/index.xhtml?id=3921907 |date=28 April 2022 }}. BMW. Retrieved 26 August 2020.</ref> 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]] [[Minivan|multi-purpose vehicle (MPV)]].
In March 2018, Daimler and BMW merged their mobility services.<ref>{{Cite
In August 2019, [[Oliver Zipse]] replaced [[Harald Krüger]] as the head of the BMW Group.<ref>{{Cite web |title=Oliver Zipse appointed new Chairman of the Board of Management of BMW AG |url=https://www.press.bmwgroup.com/global/article/detail/T0298910EN/oliver-zipse-appointed-new-chairman-of-the-board-of-management-of-bmw-ag?language=en |website=press bmw group}}</ref>
=== 21st century ===
In January 2021, BMW announced that its sales in 2020 fell by 8.4 percent due to the impact of [[COVID-19 pandemic]] restrictions. However, in the fourth quarter of 2020, BMW witnessed a rise of 3.2% in its customers' demands.<ref>{{Cite news |date=12 January 2021 |title=BMW sales fall 8.4% in 2020 as coronavirus takes toll |work=Reuters |url=https://www.reuters.com/article/us-bmw-results-idUSKBN29H0Y7 |access-date=12 January 2021}}</ref> This recovery was supported by the company's adoption of widely accepted technologies and integration of third-party services such as Apple Pay and on-demand music.<ref>{{Cite journal |last=Kukkamalla |first=Prasanna Kumar |last2=Bikfalvi |first2=Andrea |last3=Arbussa |first3=Anna |date=2021-07-07 |title=The new BMW: business model innovation transforms an automotive leader |url=https://www.emerald.com/insight/content/doi/10.1108/JBS-02-2020-0021/full/html |journal=Journal of Business Strategy |language=en |volume=42 |issue=4 |pages=268–277 |doi=10.1108/JBS-02-2020-0021 |issn=0275-6668|hdl=10256/19355 |hdl-access=free }}</ref>
On 18 January 2022 BMW announced a BMW 7 Series (G11) special edition simply called "The Final V12",<ref name="Road">{{cite web |last=Silvestro |first=Brian |date=18 January 2022 |title=BMW Waves Goodbye to the V-12 With a Final Edition M760Li |url=https://www.roadandtrack.com/news/a38803898/bmw-m760li-final-edition-v12/ |work=Road & Track |publisher=Hearst Communications}}</ref> the last BMW series production vehicle to be fitted with a V-12 engine.<ref name="Road" />
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=== Company name ===
BMW is an abbreviation for ''Bayerische Motoren Werke''
The terms Beemer, Bimmer and Bee-em are sometimes used as [[slang]] for BMW in the English language<ref>{{cite book |title=Bee em / BMW Motorcycle Club of Victoria Inc |publisher=[[National Library of Australia]] |url=http://catalogue.nla.gov.au/Record/3913069 |access-date=23 October 2009 |archive-url=https://web.archive.org/web/20110728125152/http://catalogue.nla.gov.au/Record/3913069 |archive-date=28 July 2011 |url-status=live}}</ref><ref>{{cite news |title=No Toupees allowed |date=2 October 2009 |url=http://www.bangkokpost.com/auto/autoreview/24915/no-toupees-allowed |newspaper=[[Bangkok Post]] |access-date=24 October 2009}}{{dead link|date=September 2012}}</ref> and are sometimes used interchangeably for cars and motorcycles.<ref name=Lighter1>{{Cite book |title=Random House Historical Dictionary of American Slang: A-G |first=Jonathan E. |last=Lighter |publisher=Random House |year=1994 |volume=1 |isbn=978-0-394-54427-4 |pages=[https://archive.org/details/randomhousehisto01ligh/page/126 126–27] |quote='''Beemer''' ''n.'' <nowiki>[BMW + ''er'']</nowiki> a BMW automobile. Also '''Beamer.''' |url=https://archive.org/details/randomhousehisto01ligh/page/126 }}</ref><ref name=Lighter2>{{Cite book |title=Random House Historical Dictionary of American Slang: A-G |first=Jonathan E. |last=Lighter |publisher=Random House |year=1994 |volume=1 |isbn=978-0-394-54427-4 |page=[https://archive.org/details/randomhousehisto01ligh/page/159 159] |quote='''Bimmer''' ''n.'' <span style="font-variant: small-caps;">Beemer.</span> |url=https://archive.org/details/randomhousehisto01ligh/page/159 }}</ref><ref>'''1982''' S. Black ''Totally Awesome'' 83 BMW ("Beemer").<br />'''1985''' ''L.A. Times'' (13 April) V 4: Id much rather drive my Beemer than a truck.<br />'''1989''' L. Roberts ''Full Cleveland'' 39: Baby boomers... in... late-model Beemers.<br />'''1990''' ''Hull High'' (NBC-TV): You should ee my dad's new Beemer.<br /> '''1991''' ''Cathy'' (synd. cartoon strip) (21 April): Sheila... <nowiki>[ground]</nowiki> multi-grain snack chips crumbs into the back seat of my brand-new Beamer!<br />'''1992''' ''Time'' (18 May) 84: Its residents tend to drive pickups or subcompacts, not Beemers or Rolles.</ref>
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The key trends of the BMW Group are (as at the financial year ending December 31):<ref>{{Cite web |title=BMW St Fundamentalanalyse {{!}} KGV {{!}} Kennzahlen |url=https://www.boerse.de/fundamental-analyse/BMW-St-Aktie/DE0005190003 |access-date=2023-11-29 |website=boerse.de |language=de}}</ref><ref>{{Cite web |date=2017-02-14 |title=BMW Fundamentals (2007-2015) |url=http://www.boerse.de/fundamental-analyse/BMW-St-Aktie/DE0005190003 |access-date=2024-08-02
{| class="wikitable float-left" style="text-align: center;"
!Year
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The ''BMW M GmbH'' subsidiary (called BMW Motorsport GmbH until 1993) started making high-performance versions of various BMW models in 1978.
{{As of|
* [[BMW M2|M2]] two-door coupe
* [[BMW M3|M3]] four-door sedan and five-door station wagon
* [[BMW M4|M4]] two-door coupe/convertible
* [[BMW M5|M5]] four-door sedan and five-door station wagon
* [[BMW M8|M8]] two-door coupe/convertible and four-door sedan
* [[BMW
* [[BMW X5 (G05)|X5 M]] mid-size SUV<ref>{{cite web |title=The Next-Generation BMW X5 M Could Debut Early In 2020 |url=https://carbuzz.com/news/the-next-generation-bmw-x5-m-could-debut-early-in-2020 |website=www.carbuzz.com |date=30 December 2017 |access-date=29 July 2019 |language=en-us}}</ref>
* [[BMW X6 (G06)|X6 M]] mid-size coupe SUV<ref>{{cite web |title=2020 BMW X6 (G06) Spied In Spartanburg |url=https://www.autoevolution.com/news/2020-bmw-x6-g06-spied-in-spartanburg-126617.html |website=www.autoevolution.com |access-date=29 July 2019 |language=en |date=25 June 2018 |archive-url=https://web.archive.org/web/20190729103150/https://www.autoevolution.com/news/2020-bmw-x6-g06-spied-in-spartanburg-126617.html |archive-date=29 July 2019 |url-status=live }}</ref>
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File:2021 BMW M3 Competition Automatic 3.0 Front.jpg|[[BMW M3|M3]]
File:BMW M4 (G82) IMG 4183.jpg|[[BMW M4|M4]]
File:
File:BMW M8 Competition IMG 3364.jpg|[[BMW M8|M8]]
File:2019 BMW X4 M Competition Automatic 3.0 Front.jpg|[[BMW X4 (G02)|X4 M]]
File:BMW X5 M (G05) IMG 3370.jpg|[[BMW X5 (G05)|X5 M]]
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=== Vehicle importers ===
==== Canada ====
BMW's first dealership in Canada, located in [[Ottawa]], was opened in 1969.<ref>{{cite web|title=The Otto's Story|url=http://www.bmwottos.ca/en/ottos_story.php|website=www.bmwottos.ca|access-date=28 October 2017 |archive-url=https://web.archive.org/web/20171028093821/http://www.bmwottos.ca/en/ottos_story.php |archive-date=28 October 2017|url-status=live}}</ref> In 1986, BMW established a head office in Canada.<ref>{{cite web|title=In photos: The evolution and history of BMW as it turns 100 |url=https://www.theglobeandmail.com/globe-drive/in-photos-100-years-of-bmw/article29032892/|access-date=28 October 2017 |website=www.theglobeandmail.com |date=7 March 2016 |archive-url=https://web.archive.org/web/20180319230610/https://beta.theglobeandmail.com/globe-drive/in-photos-100-years-of-bmw/article29032892/|archive-date=19 March 2018|url-status=live}}</ref>
BMW sold 28,149 vehicles in Canada in 2008.<ref>{{cite web|title=History of BMW Canada |url=https://www.bmwlondon.ca/history-bmw-canada/|website=www.bmwlondon.ca|access-date=28 October 2017 |archive-url=https://web.archive.org/web/20171028094453/https://www.bmwlondon.ca/history-bmw-canada/ |archive-date=28 October 2017|url-status=dead}}</ref>
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