Bmw is owned between stefan quandt 29 percent susanne klatten 21 percent and public. To remain owned by a u k.
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The suffix ag short for aktiengesellschaft signifies an incorporated entity which is owned by shareholders thus akin to inc us or plc public limited company uk.
Who owns bmw. Get all the details about bmw below and feel free to contact us at rallye bmw if you are a curious consumer in syosset or roslyn who wants to learn more. Bmw which stands for bayerische motoren werke aktiengeselleschaft and translates to bavarian motor works is owned by the parent company bmw group. The bmw group is owned by shareholders a status marked by the ag aktiengeselleschaft denomination.
Bmw is also the parent company to rolls royce motor cars another british luxury car line that turns heads everywhere it goes after an agreement with volkswagen group who now have custody of bentley. He was replaced on 16 august 2019 by oliver zipse after he declined to be considered for contract renewal in 2020. Bmw is headquartered in munich germany and owned by the parent company bmw group which also owns the luxury brands mini and rolls royce.
As of 2016 the owners of the bmw are stefan quandt who owns 29 of the shares susanne klatten who owns 21 and the other 50 are publicly owned. Chinese investor and entrepreneur li shufu owns nearly 10 of the group through an investment firm and geely the automaker shufu founded purchased half of smart in 2019. James bond s favorite car company is owned by aston martin lagonda global holdings and is only one of two traditional british brands sold in the u s.
Consumer reports presents a basic road map to who owns which car brands among the major automotive companies that sell in the u s from acura to volvo and bmw group to zhejiang geely holding. Harald krüger born 13 october 1965 in freiburg im breisgau west germany is a german manager who served as the chairman of the board of management ceo for bmw. This company also owns luxury auto brands like mini and rolls royce and bmw has its headquarters in munich germany.
Bayerische motorenwerke translates into english as bavarian motor works.
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