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Home > Company Index > Automotive & Transport Equipment > Auto Manufacturers > Bayerische Motoren Werke AG

Bayerische Motoren Werke AG
 PROFILE
Bayerische Motoren Werke (BMW), owner of the prestigious BMW brand, is one of Europe's top automakers. BMW automobiles account for nearly 75% of the company's sales. (Rover, which has been sold, accounted for about 9%.) The company's operations also include motorcycles and software (softlab GmbH). BMW has been the subject of merger talk as the European auto industry consolidates, but the Quandts, a reclusive German family that owns about half of BMW, has downplayed such speculation. However, BMW has sold its Land Rover SUV operations to Ford and unloaded its money-losing Rover Cars unit to the Phoenix Consortium (for a token $15).

 COMPETITION
DaimlerChrysler AG (DCX)
General Motors Corporation (GM)
Volkswagen AG (VLKAY)

 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 33,291.20
1-Yr. Sales Growth: (3.9)%
Employees: 93,624
Revenue per employee: $355,584.04

 KEY PEOPLE
• Joachim Milberg
    CEO

 CONTACT INFO
Petuelring 130
D-80788 Munich, Germany
Phone: 49-893-822-4272
Fax: 49-893-822-4418
Online: Web Site

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