Have you ever wondered who owns BMW? You might be surprised to learn that BMW is a German company, even though it is one of the UK’s most famous luxury car brands. But who owns BMW? Is it a famous car company?
BMW is owned by a holding company called Bayerische Motoren Werke AG (BMW Group). Stefan Quandt and Susanne Klatten, the two joint owners, run BMW together. The public owns the majority of BMW shares. BMW is a well-known company with more than 120,000 employees. BMW gets titled as having seven brands, including Rolls-Royce and MINI
In this article, we’ll look at the history and the real owners of BMW.
What is A BMW?
BMW is a German multinational corporation specialising in vehicle manufacturing; it was founded in 1916 as an aircraft engine manufacturer, operating from 1917 to 1918 and 1933 to 1945.
BMW was the twelfth-largest vehicle manufacturer in the world in 2015, building 2,279,503 vehicles. BMW is famous for its motorsport credentials, including Formula 1, touring sports cars, the Isle Of Man TT, and sports cars.
With its headquarters in Munich, BMW manufactures vehicles in Germany, Brazil, China, India, South Africa, the UK, the US, and Mexico.
The Quandt family, one of the long-term owners of BMW (with its shares held by the public), increased its investments when it was on the verge of bankruptcy in 1959; this ultimately helped prevent a breakdown.
Who Owns BMW?
We all know that BMW is a world-renowned car company, but did you know that it is also one of the most valuable luxury brands in the world?
BMW was ranked as the seventh most valuable luxury brand in 2018, with a brand value of over $28 billion. But who owns this iconic German brand?
The answer may surprise you. BMW is owned by a holding company called Bayerische Motoren Werke AG (BMW Group), based in Munich, Germany. This company also owns Mini and Rolls-Royce.
Interestingly, BMW AG is owned by several different companies and investors. The largest shareholder in BMW AG is Herbert Quandt GmbH & Co., which owns just over 50% of the company.
So there you have it – the answer to the question of who owns BMW. While the company may be German-based, it is owned by many different companies and investors from all over the world.
BMW is a company that has a long and rich history. It is a company known for its luxury vehicles but also has a strong presence in the racing world. BMW is a company that values quality and performance, and this is evident in its cars.
In answer to, “Who owns BMW?” BMW AG owns the brand with Herbert Quandt GmbH & Co. as its primary shareholder, but other stakeholders are involved.