Who Owns BMW?

2022 BMW X3 exterior

 

You may know that new BMW models provide plenty of performance and excitement during your Pekin travels, but do you know who makes BMW? Fortunately, we’re here to help you answer questions like, “Who owns BMW?” and “Who Makes BMW?” so that you can feel proud of the BMW you’re driving. With that being said, who owns BMW? BMW is technically its own company.

BMW stands for Bayerische Motoren Werke which translates to Bavarian Motor Works and is formally known as the BMW Group or BMW AG in Germany. Ready to find out more about BMW? BMW of Peoria has you covered. We’ll help you get some more information about BMW and even go over some of the following questions:

  • Who makes BMW?
  • What is the BMW Group?
  • Where is BMW made?
  • What is the history of BMW?

What Is the BMW Group?

So, who makes BMW? BMW vehicles are made by the BMW Group. You may also see the BMW Group is referred to as BMW AG. The AG stands for Aktiengesellschaft and indicates that the company is incorporated and is owned by shareholders.

One of the larger shareholders in the BMW Group is the Quandt family, and between a brother and a sister, they own about half of the company. The other half of the BMW Group is owned by public shareholders and investors. Curious about the makeup of BMW Group shares? Take a look below:

  • Stefan Quandt: German industrialist & engineer that owns 29% of BMW Group.
  • Susanne Klatten: A successful investor and sister of Stefan Quandt. Susanne owns 21% of BMW Group.
  • Public Investors: The other 50% of the company is owned by public investors.

Where is BMW Made?

While BMW vehicles have had a long history, they’re mostly known for originating in Germany. However, BMW has become a global company and has facilities all over the world. So, where is BMW made today? Most BMW vehicles that you see on the Dunlap roads are likely made in Germany, with the largest facility located in Dingolfing, but other BMW facility locations include:

  • Germany: Berlin, Landshut, Leipzig, Munich, Regensburg, Wackersdorf
  • Austria: Steyr
  • Great Britain: Oxford
  • China: Shenyang

The BMW Group Production Network that’s responsible for producing BMW vehicles and genuine OEM BMW parts includes facilities in:

  • Austria: Graz
  • Brazil: Manaus
  • Egypt: Cairo
  • Germany: Eisenach
  • Great Britain: Goodwood, Swindon
  • Indonesia: Jakarta
  • India: Chennai
  • Italy: Cassinetta
  • Malaysia: Kuala Lumpur
  • Mexico: San Luis Potosi
  • Russia: Kaliningrad
  • South Africa: Rosslyn
  • Thailand: Rayong
  • United States: South Carolina

What Is the History of BMW?

BMW has a rich history, and it wasn’t always an automaker. In fact, the company originally built aircraft engines back in 1913 and was known as Rapp-Motorenwerke GmbH. At the time, automobiles were not yet popular. In 1917, the company was renamed Bayerische Motoren Werke GmbH and disappeared for a short while.

Then, in 1923, the company produced its first motorcycle, and several years after that in 1933, the first BMW self-developed car was made. Since then, BMW has built an incredible reputation and offers a driving experience on the Galesburg streets that can’t be found elsewhere.

BMW of Peoria Is Your Go-To Place for All Things BMW

Now that we’ve answered, “Where is BMW made?” and you have an understanding of the owners of BMW, we’re more than happy to help you find a BMW vehicle that you’re excited to drive on the Peoria roads. Whether you’re looking for a BMW vehicle or your current vehicle needs service, we’re here to help at BMW of Peoria. If you want to learn more about some of the fastest models in the lineup, you can always contact our team online for assistance.

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