Who Owns BMW?

When you want a car that drives in Chula Vista like no other, you turn to BMW. Your BMW is considered an Ultimate Driving Machine® for a reason, namely because of their elite performance and excellent driving experience. Still, you might wonder who owns BMW. BMW is a shareholder-owned company that has two major backers, as well as a litany of smaller shareholders. Today, BMW of San Diego is here to walk you through who owns BMW and where BMW cars are made.

What Is the BMW Group?

In Germany, BMW AG is an incorporated company that is responsible for overseeing the production of BMW cars. BMW AG is shorthand for the full name of the business, Bayerische Motoren Werke Aktiengeselleschaft. Bayerische Motoren Werke is German for “Bavarian Motor Works” and Aktiengeselleschaft, or AG, is shorthand for a shareholder-owned company in German business parlance.

Who Owns the Most BMW Shares?

There are two primary owners of big chunks of BMW shares. With a 29 percent share, there is Stefan Quandt, a German industrialist and engineer who is on the Supervisory Board of BMW. With a 21 percent share is his sister, Susanne Klatten, an investor and another person involved in the daily affairs of BMW AG. The remaining 50% is split between various smaller investors and retail investors.

Where is BMW Made?

Most BMW cars come from Germany, naturally. If you’re asking “where is BMW made?” for other parts of the world, that depends on what country you pick. The BMW outposts in various parts of the world have local production for certain BMW cars, such as the Shenyang plant for production in China, the Oxford plant for British production and the Spartanburg, South Carolina plant for American production.

BMW of San Diego Will Get You Driving

Do you want to get on the road behind the wheel of a new BMW without all of the hassles of the car buying process? Browse our virtual showroom from your home in El Cajon or Encinitas today. You’ll have access to our expert sales staff who know just about everything there is to know about BMW cars and SUVs. If you want to find out more about what makes the BMW brand so great, don’t hesitate to reach out!