One of the indisputable leader of the automotive industry

The Bayerische Motoren Werke Company, known across the globe simply as BMW, isn’t just a top car brand, but a structure with rich experience, long history in car equipment manufacturing, and an envious reputation.

Today, and probably for many years ahead, it will be known as a leader in the industry together with Volkswagen amongst the top automotive OEMs. Although it’s hard to recount all of its significant achievements over its long history, we will try to introduce you with the corporation in a shortest, but yet most detailed way.

A brief history

BMW was established on 7 ^th of March, 1916. Headquarters is still in Munich, Bavaria, Germany. Though, main activities of the firm are spread across the entire world. Right after the end of First World War, it has its first large and important task – to cease aircraft-engine products in accordance to the rules of the Versailles Armistices Treaty. Later, in 1923, it changed direction and focused on production of motorcycles. However once the restrictions were down, BMW proceeded with its best work – the automobile. As a matter of fact, the very first vehicle made by the firm was the Dixi. Although, it was distributed with a license from Austin Motor, UK.

Until 1960s, the organization had serious financial problems and the vehicle division was close to collapse. However, things began improving after the middle of the 1960s when it acquired Hans Glas. Thus, the real automotive manufacturing period for BMW was established.

Top manufacturer

In June 2012, BMW finally achieved what it deserves – recognition as the top vehicle manufacturer within the OEM group. This title came from the world`s most famous financial magazine – Forbes. Today, no one can deny this title. It’s proved daily with the first-class automobiles BMW began to produce in the beginning of new millennium. The current models from the 7 series, as well as the X-classes, up to X6, and the latest model Z4 are all pushing the firm forward. BMW is now working on autonomous model, as proved by the acquisition of Nokia's mapping business HERE, which is indispensable for calculating routes in real time.

Production overview

The company’s automotive manufacturing experience is mostly linked to mirrors, headlights, bumper covers, tail lights, window regulators, fuel pumps, radiators, catalytic converters, shock absorbers, brake Disk and pad kits, compressors, corner lights, motors, transmission mounts, mufflers, air filters, fenders, floor mats, engine gasket sets, seat covers, ball joints, alternators, axle assemblies, hoods, wheels, window motors, wiper blades, starters, spark plugs, strut assemblies, headers, fuel injectors, fog lights, window switches, ignition coils, and many others. It’s simple to understand that naming all of the supplies the firm offers to the entire world is almost impossible.

Revenue at a glance

What’s more remarkable is the current state of the corporation. BMW has revenue of 76.84 billion EUR and more than 105 thousand employees spread over of all of its divisions across the world – including Japan, South Africa, Korea, Egypt, India, Canada, Australia, the USA, etc.

You might be interested in:

• Volkswagen with its many famous models; Golf, Beetle, Passat models which are all listed in the top 10 best-selling cars of all time according to the Wall Street Journal.
• A multifunctional corporation,Toyota is a top producer of automobiles, luxury vehicles, commercial vehicles, engines, motorcycles, and parts for cars and trucks.
• Founded in 1896, Daimler is a well known German Group, with an entire century of experience behind it. It has proven to the whole world that it deserves to be called a real leader in the vehicle market. However, one of its famous brand, Mercedes Benz, along with BMW, was recently fined in China for price fixing.
• As a top supplier for the Asian market, Hyundai has a big impact in countries such as Thailand, Japan, China, and of course its homeland – South Korea.