Bayerische Motoren Werke manufactures and sells luxury cars and motorcycles worldwide.
Bayerische Motoren Werke AG, commonly referred to as BMW is a German multinational corporate manufacturer of luxury vehicles and motorcycles headquartered in Munich, Bavaria, Germany. The corporation was founded in 1916 as a manufacturer of aircraft engines, which it produced from 1917 until 1918 and again from 1933 to 1945.
Automobiles are marketed under the brands BMW, Mini and Rolls-Royce, and motorcycles are marketed under the brand BMW Motorrad. In 2017, BMW was the world’s fourteenth-largest producer of motor vehicles, with 2,279,503 vehicles produced] The company has significant motorsport history, especially in touring cars, Formula 1, sports cars and the Isle of Man TT.
BMW is headquartered in Munich and produces motor vehicles in Germany, Brazil, China, India, Mexico, the Netherlands, South Africa, the United Kingdom, and the United States. The Quandt family is a long-term shareholder of the company (with the remaining shares owned by public float), following investments by the brothers Herbert and Harald Quandt in 1959 which saved the company from bankruptcy.
BMW’s first Neue Klasse vehicle will be rolled out in 2025. The Vision Neue Klasse vehicle has already been revealed to the public at IAA Mobility in Munich. The event started on September 5 and will run until September 10.
As Mercedes hit the industry by unveiling its latest vehicle, BMW also made a show with its “Vision Neue Klasse”, trying to catch up with Tesla.
VinFast shares jumped nearly 70% following its trading debut and is worth more than Kia and Hyundai combined. However, VFS may be too costly.
