PROFILE |
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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 |
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DaimlerChrysler AG (DCX)
General Motors Corporation (GM)
Volkswagen AG (VLKAY)
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FINANCIAL OVERVIEW |
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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 |
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Joachim Milberg
CEO
CONTACT INFO |
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Petuelring 130
D-80788 Munich, Germany
Phone: 49-893-822-4272
Fax: 49-893-822-4418
Online: Web Site
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