BMW
BMW This article is about the German automobile and motorcycle manufacturer. For other uses, see BMW Bayerische Motoren Werke AG BMW headquarters in Munich Type Aktiengesellschaft (AG) Traded as FWB : BMW Industry Automotive Predecessor Rapp Motorenwerke Bayerische Flugzeugwerke AG (BFW) [1] Automobilwerk Eisenach Founded 7 March 1916 ; 101 years ago Founder Franz Josef Popp , Karl Rapp , Camillo Castiglioni Headquarters Munich , Bavaria , Germany Area served Worldwide Key people Harald Krüger (CEO) Norbert Reithofer (Chairman of the Supervisory Board) Products Luxury vehicles , sports cars , motorcycles , bicycles Production output 2,512,635 vehicles (2016) Revenue € 94.163 billion (2016) [2] Operating income €9.665 billion (2016) [2] Profit €6.910 billion (2016) [2] Total assets €188.535 billion (2016) [2] Total equity €47.363 billion (2016) [2] Owner Stefan Quandt (29%) Susanne Klatten (21%) Public float (50%) Numb