- Business
- Bayerische Motoren Werke AG (BMW AG), trading as the BMW Group, manufactures premium automobiles and motorcycles worldwide; it produces luxury vehicles under the BMW, MINI, and Rolls-Royce brands, including sedans, sports activity vehicles, coupes, convertibles, electric models such as the BMW i series and Rolls-Royce Spectre, and motorcycles under BMW Motorrad; the company also provides financial services through BMW Group Financial Services, fleet management via Alphabet, design consultancy with Designworks, and venture capital investments via BMW iVentures. Founded in 1916 and headquartered in Munich, Germany, the BMW Group operates over 30 production sites globally, with key facilities in Europe, the United States, China, and other regions, serving private customers, corporate fleets, and premium segments through a worldwide sales network. In recent developments, the company advances its NEUE KLASSE electric vehicle architecture for mid-decade launches across BMW, MINI, and Rolls-Royce models; it expands hydrogen technology via partnerships including with Toyota, secures €273 million in state funding for hydrogen series production by 2028, and sets a 2035 climate target to cut CO2e emissions by at least 60 million tons from 2019 levels; additionally, Agile Robots acquired the remaining shares in BMW spin-off idealworks in 2025, while the BMW brand maintains its top position in the global premium segment amid a 17.4% share of all-electric car deliveries in 2024.