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April 18, 2015 11:17 AM ET

Automobiles

Company Overview of Bayerische Motoren Werke Aktiengesellschaft

Company Overview

Bayerische Motoren Werke Aktiengesellschaft, together with its subsidiaries, engages in the development, manufacture, and sale of cars and motorcycles worldwide. The company operates through Automotive, Motorcycles, and Financial Services segments. The Automotive segment is involved in developing, manufacturing, assembling, and selling cars and off-road vehicles under the BMW, MINI, and Rolls-Royce brands, as well as provides spare parts and accessories. This segment sells its products through independent and authorized dealers. The Motorcycles segment develops, manufactures, assembles, and sells motorcycles under the brand name of BMW Motorrad, as well as offers spare parts and accessories....

Petuelring 130

Munich,  80788

Germany

Founded in 1916

116,324 Employees

Phone:

49 89 38 20

Key Executives for Bayerische Motoren Werke Aktiengesellschaft

Chairman of Board of Management
Age: 58
Total Annual Compensation: $7.1M
Chief Financial Officer and Member of Board of Management
Age: 59
Total Annual Compensation: $4.1M
Head of Sales & Distribution, Member of Board of Management and Chief Executive of Rolls-Royce
Age: 56
Total Annual Compensation: $4.1M
Head of Production and Member of Board of Management
Age: 49
Total Annual Compensation: $4.1M
Human Resources & Industrial Relations Director and Member of Board of Management
Age: 52
Total Annual Compensation: $3.5M
Compensation as of Fiscal Year 2014.

Bayerische Motoren Werke Aktiengesellschaft Key Developments

BMW Reports Sales Results for the Month and First Quarter Ended March 2015

BMW announced it had its best March sales ever. The company sold 195,593 vehicles worldwide under the BMW brand. That was an increase of 5.1% over the same month a year ago. BMW announced it had its best March sales ever. The company sold 195,593 vehicles worldwide under the BMW brand. That was an increase of 5.1% over the same month a year ago. The company said sales rose for its X-family of SUVs and SUV-like crossovers. The X5, made at the company's manufacturing facility in Spartanburg, South Carolina, saw sales numbers rise 12%. The company also saw strong demand for its 2-Series family van. After the March figures, BMW AG held its sales lead during the first quarter over its rival German luxury carmakers, Volkswagen AG's Audi brand and Mercedes-Benz from Daimler AG. BMW sold 451,576 vehicles to 438,250 for Audi and 429,602 for Mercedes-Benz.

BMW AG to Launch 5-Series Based on the i5 in the United States

BMW AG is planning to launch a 5-Series based on the i5 in the United States during 2018. The company announced that the vehicle is to be equipped with a plug-in hybrid engine using the automaker's eDrive technology and two large electric motors. The vehicle will reportedly have an all-electric range of up to 125 km.

BMW Plans to Develop Plug-In Versions of New Models

BMW AG is planning to develop plug-in versions of all new models. The company only promised to produce plug-in options for its core models back in December.

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