Who owns 50% of BMW?
While half of the company is owned by the public, the other half is owned by the Quandt family, who have been long-time BMW shareholders. Here is the breakdown of ownership: 29% = Stefan Quandt: A German industrialist and engineer. Susanne Klatten: Successful investor and sister to Stefan Quandt. Stefan Quandt (born 9 May 1966) is a German billionaire heir, engineer and industrialist. As of December 2024, Forbes estimated his net worth at US$21. Bloomberg Billionaires Index.
Which race buys the most BMWs?
Honda, Toyota and BMW are the brands most likely to be definitely considered by ethnic buyers, a new survey finds. BMW is tops among African Americans. Toyota is No. Latino Americans. Who owns BMW? The automaker is owned by the BMW Group and has its headquarters in Munich, Germany. The BMW Group also owns other well-known brands, including Mini and Rolls-Royce.The company is headquartered in Germany but has factories in many other countries, including Brazil, India, South Africa, the United Kingdom, the United States, Mexico, and China. The latter is becoming BMW’s most important market: well over a quarter of vehicle sales in 2024 were in China.The BMW Group is the world’s leading provider of premium cars and motorcycles and the home of the BMW, MINI, Rolls-Royce and BMW Motorrad brands.Which countries buy the most German cars? The United States is the largest importer of German cars, followed by China and the United Kingdom. The US market particularly values German luxury brands like BMW and Mercedes-Benz, while China’s growing middle class drives increasing demand for premium German vehicles.Those luxury car brands — along with BMW, Mercedes-Benz, and Audi — are popular with the rich and very rich in the U. S.
Who sells more, BMW or Mercedes?
BMW sold 1,070,814 units in the first half of 2025, down 2. Mercedes. The gap between the two brands is now over 170,000 units, and if this trend continues, BMW is on track to finish 2025 with a lead of over 300,000 units. High Ownership Costs (Con) Owning a BMW comes with higher-than-average ownership costs. Premium gasoline, high-end tires, imported parts, and specialized labor contribute to the overall expenses. Additionally, BMWs typically require synthetic oil changes, which further elevate maintenance costs.With sales down 12% to 81,951 vehicles in the first half of 2025, the brand is now less than half of BMW’s U. S. The decline has been broad. Only three models—the A7, Q7, and Q8—posted sales growth this year.BMW typically competes against budget luxury brands like Lexus and Audi, while Porsche is on the level of prestigious companies like Ferrari and McLaren.BMW Group Reports 29% Profit Drop, Beats Rivals in H1 2025. BMW Group’s half-year financial results are in—and while profits are down, they’re not down nearly as much as some expected. After Mercedes posted a staggering 55. Audi came in with a 37. BMW seemed inevitable.The combination of these factors—depreciation, maintenance costs, market supply, and buyer perceptions—explains why used BMWs are often more affordable than expected.
Is BMW better than Mercedes?
If you value comfort, Mercedes is a top pick in the luxury car scene. But if you’re looking for a thrilling driving experience, BMW is the way to go. BMWs also have better reliability and safety. Hopefully, that information about BMW and Mercedes was helpful! BMW and Audi are luxury brands, so they have become a status symbol for many people. A luxury car definitely approves of high status and wealth. Also, these cars are quieter, have more power, and are equipped with the latest technologies.Both Porsche and BMW vehicles are considered luxury models on the market, each offering higher-than-average performance and amenities than standard vehicle brands. However, there’s no denying that the Porsche lineup offers a higher quality of luxury features and performance in its vehicles.Even though things have changed, and vehicles from non-luxury brands may be considered luxury vehicles if they meet certain standards, the following brands are best known for producing luxury vehicles: Aston Martin. BMW. Bentley.Mercedes-Benz: The Standard of Luxury The business was at the forefront of introducing the great majority of features that now define luxury cars, including cutting-edge new technology, opulent cabin interiors, and safety systems.
How many BMWs are sold per year?
For the full year 2024, BMW sales increased by 2. This represents the second consecutive year that BMW has set a new sales record in the U. S. BMW long term debt for 2024 was $72. B, a 26. BMW long term debt for 2023 was $57. B, a 1. BMW long term debt for 2022 was $56. B, a 23.BMW annual gross profit for 2024 was $24. B, a 22. BMW annual gross profit for 2023 was $32. B, a 24. BMW annual gross profit for 2022 was $25. B, a 0.
Who makes BMW engines?
Bayerische Motoren Werke Aktiengesellschaft (BMW AG), trading as BMW Group (commonly abbreviated to BMW (German pronunciation: [ˌbeːʔɛmˈveː]), sometimes anglicised as Bavarian Motor Works), is a German multinational conglomerate manufacturer of luxury vehicles and motorcycles headquartered in Munich, Bavaria, Germany. BMW Group competitors include Porsche, Audi, Mercedes-Benz USA, Lexus and Fiat Chrysler Automobiles (FCA). BMW Group ranks 1st in CEO Score on Comparably vs its competitors.According to the data, Mercedes leads the ranking ahead of Opel’s parent company Stellantis (12. BMW (11. In contrast to second and third place, however, Stuttgart’s margin fell compared to the previous year.