WHAT IS BMW STAND FOR? TRUE CAR FACTS AND HISTORY
BMW Stands for Bayerische Motoren Werke AG (BMW), In English it means the Bavarian Motor Works is an independent German automobile manufacturer founded in 1916. BMW is a worldwide manufacturer of high-performance and premium automobiles and motorcycles, and is the current parent company of both the MINI and Rolls-Royce car brands.
Below are some profiles of the well known car manufacturer, BMW:
Type : Aktiengesellschaft (FWB: BMW)
Founded : 1913
Headquarters : Munich, Germany
Key people : Norbert Reithofer (CEO and Chairman of Board of Management)
Joachim Milberg (Chairman of Supervisory Board)
Industry : Automotive industry
Products : Automobiles, motorcycles, bicycles
Revenue : €56.02 billion (2007)
Operating income : €4.212 billion (2007)
Profit : €3.134 billion (2007)
Employees : 107,500 (2007)
Subsidiaries : Mini, Rolls-Royce
Website : bmw.com
What is Bavaria? Why it is named Bavarian Motor Works?
Bavaria is a place in Germany with an area of 70,553 km² (27,241 square miles) and almost 12.5 million inhabitants, is located in the southeast of Germany and is the largest state (Bundesland) of Germany by area. Its capital is Munich in Upper Bavaria. About 6.4 million of its population are Bavarian, 4.1 million Franconian and 1.8 million Swabian.
So, the name of BMW takes the name of this place and the people in it, Bavarian.