August 20, 2014 10:02 PM ET

Automobiles

Company Overview of Bayerische Motoren Werke Aktiengesellschaft

Company Overview

Bayerische Motoren Werke Aktiengesellschaft, together with its subsidiaries, develops, manufactures, and sells cars and motorcycles worldwide. It operates through Automotive, Motorcycles, and Financial Services segments. The Automotive segment develops, manufactures, assembles, and sells cars and off-road vehicles under the BMW, MINI, and Rolls-Royce brands, as well as offers spare parts and accessories. This segment sells its cars and off-road vehicles through independent and authorized dealers. The Motorcycles segment develops, manufactures, assembles, and sells motorcycles, as well as provides spare parts and accessories. The Financial Services segment is involved in car leasing, fleet bu...

Petuelring 130

Munich,  80788

Germany

Founded in 1916

Phone:

49 89 38 20

Fax:

49 89 38 22 58 85

Key Executives for Bayerische Motoren Werke Aktiengesellschaft

Chairman of Board of Management
Age: 58
Total Annual Compensation: $6.8M
Chief Financial Officer and Member of Board of Management
Age: 59
Total Annual Compensation: $4.0M
Member of Board of Management and Chief Executive of Rolls-Royce
Age: 56
Total Annual Compensation: $4.0M
Human Resources & Industrial Relations Director and Member of Board of Management
Age: 52
Total Annual Compensation: $3.4M
Member of Board of Management
Age: 49
Total Annual Compensation: $4.0M
Compensation as of Fiscal Year 2013.

Bayerische Motoren Werke Aktiengesellschaft Key Developments

Greenlots and BMW Group Asia Partner to Provide Singapore's First Electric Vehicle Network

Greenlots has partnered with BMW Group Asia to provide Singapore with its first Home and Public Charging network as part of BMW's 360 ELECTRIC program. Designed to cover BMW i owners from an all-round perspective, 360 ELECTRIC comprises four key pillars that will come standard with the purchase of every BMW i model. (1) Public Charging, (2) Home Charging, (3) Flexible Mobility, and (4) Assistance Services. The network, based on the Open Charge Point Protocol (OCPP), the global standard for open charger-to-network communications, will provide BMW i owners as well as Singapore EV drivers, with the infrastructure necessary to support the country's burgeoning EV adoption. For Public Charging, Greenlots' open standards based, SKY Smart Charging(TM) platform will administer ChargeNow (BMW i's public charging program) in Singapore to enable local BMW i customers to access its vast and expansive network of AC charging units by using the BMW i ChargeNow card and Greenlots mobile app. Real-time information about the availability and location of these stations is provided to BMW i drivers via the car's navigation system to assist them in locating the nearest available charging point. Greenlots expects to rollout up to 30 L2 (AC) chargers across 20 strategic public locations within 2014.

BMW to Launch New 7-Series at 2015 Frankfurt Motor Show

BMW AG announced that it is launching its new BMW 7-series at the 2015 Frankfurt motor show, scheduled for September 2015. The vehicle is to arrive at dealerships internationally in 2016. The automaker has started testing the vehicle, which is to compete with the new Audi A8. The model is made with the combination of aluminium, magnesium, high-strength steel and carbon fibre-reinforced plastic. It will be available with a range of turbocharged four, six, eight and 12-cylinder petrol and diesel engines, a standard nine-speed automatic transmission and the option of rear or four-wheel drive.

BMW AG Plans to Launch Higher Performance X4 in US

BMW AG is planning to launch a higher performance X4 crossover in the United States by 2015. The company has reported that the model is not likely to be a true X4 M but an M Performance edition that is likely to be called the M40i. The model is likely to be equipped with a 3.0-litre turbocharged six-cylinder engine, borrowed from the current X4 xDrive35i but retuned to delivers 355bhp to 375bhp.

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