BMW: Difference between revisions

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The '''BMW Group''' (legally, '''Bayerische Motoren Werke AG''', commonly abbreviated to '''BMW''' ({{IPA|de|ˌbeːʔɛmˈveː|–|De-BMW.ogg}})), 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. InAlso in 2023, BMW was the world's [[List of manufacturers by motor vehicle production|ninth-largest producer of motor vehicles]], with 2,555,341 vehicles produced<ref>{{cite web |url=https://www.factorywarrantylist.com/car-sales-by-manufacturer.html |title=2023 Worldwide Car Sales by Manufacturer |publisher=F&I Tools USA |date=2023 |access-date=1 May 2024}}</ref> and in 2023 the 7th largest by revenue.<ref>https://de.statista.com/statistik/daten/studie/30723/umfrage/umsatz-der-weltweit-fuehrenden-automobilhersteller/</ref> In 2023, the company was ranked 46th in the [[Forbes Global 2000]].<ref>{{Cite web|lang=en|url=https://www.forbes.com/lists/global2000/?sh=51d599675ac0|title=The Global 2000 2023|website=Forbes|access-date=2024-02-07|archive-date=2024-01-29|archive-url=https://web.archive.org/web/20240129031905/https://www.forbes.com/lists/global2000/?sh=4f5ab07e5ac0}}</ref> The company has significant motor-sport history, especially in [[touring car racing|touring cars]], [[sports car racing|sports cars]], and the [[Isle of Man TT]].
 
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 [[Public float|the public]].