BMW AG VZO Stock
€78.90
Your prediction
Description BMW
BMW (Bayerische Motoren Werke AG) is a German multinational corporation that produces luxury automobiles, motorcycles, and engines. It was founded in 1916 and is headquartered in Munich, Germany.
BMW is widely known for its high-quality engineering and unique designs. Its automotive brands include BMW, MINI, and Rolls-Royce. The BMW brand holds a reputation for producing luxury vehicles that are known for their sporty and dynamic character. Its product line includes sedans, coupes, SUVs, convertibles, and sports cars.
In addition to automobiles, BMW produces motorcycles under the BMW Motorrad division. The majority of BMW’s motorcycles are produced in Berlin and are known for their performance and reliability.
BMW is also involved in motorsport, with a history of success in Formula One and touring car racing.
As of 2021, BMW is listed on several stock exchanges including the Frankfurt Stock Exchange, the Xetra exchange, and the New York Stock Exchange. Its stock symbol is BMW.
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Competitors of BMW
Suppliers of BMW
As a listed company, BMW has a wide range of suppliers ranging from raw materials to specialized products and services. Some of the most important suppliers of BMW include:
1. Covestro AG: German-based Covestro provides BMW with high-quality polyurethane materials which are used in the production of car seats, insulation, and other car components.
2. BASF SE: German multinational chemical company BASF supplies BMW with coatings and paints used in manufacturing its cars.
3. ThyssenKrupp AG: The German steel supplier provides BMW with high-quality steel used in the manufacturing of car body parts like door panels, fenders, and hoods.
4. Mahle GmbH: The German company supplies BMW with powertrain components, such as pistons, cylinder heads, and engine valves.
5. Continental AG: German-based Continental provides BMW with a range of products including brakes, tires, and electronic components.
6. Robert Bosch GmbH: Bosch is a German-based multinational company that provides auto parts and services. BMW purchases parts such as fuel injectors, alternators, and starter motors.
7. Lear Corporation: As a US-based company, Lear Corporation provides BMW with car seats and seating systems.
8. Panasonic Corporation: Panasonic is a Japanese-based electronics company that provides BMW with infotainment systems, batteries, and sensors.
Overall, BMW works with over 12,000 suppliers globally, ensuring the production of high-quality vehicles.
Financial data and news for BMW
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