BMW Canada

BMW Group celebrates successful new commencement 50 years ago

BMW Group celebrates successful new commencement 50 years ago

Restructuring devise supposed on 30 Nov 1960
Herbert Quandt cumulative a companys future

Munich. The BMW Group is celebrating a autonomy and a companys continued success given a restructuring devise was supposed on 30 November, 1960 with a special rite during a Theresienhhe in Munich on 30 Nov 2010. Herbert Quandts business instinct and his ability to make confidant decisions during that time set a new march for a association and cumulative BMWs ability to control a possess future, pronounced Chairman of a Supervisory Board of BMW AG, Prof. Dr. Ing. Joachim Milberg, before a rite in Munich.

After rejecting Daimler-Benzs takeover bid for BMW in 1959 and adopting a rescue devise in Nov 1960, BMW went on to turn an roughly rare success story. Since 2004, a BMW Group has been a worlds heading retailer of reward automobiles. Its workforce has grown from 6,900 in 1959 to over 96,000 employees today. At a same time, a series of vehicles sole has climbed from 42,000 during that time to a likely sum of some-more than 1.4 million automobiles (BMW, MINI and Rolls-Royce) this year.

In a singular way, a BMW Group represents long-term business decisions and bold, future-oriented action. We advantage from carrying a shareholder structure with a family of entrepreneurs as a vital shareholder. To this day, it has been a stabilising factor, combined Milberg.

I cruise it a payoff that we are means to make decisions from a long-term perspective, in a interests of all a stakeholders and in partnership with a workforce remarkable Chairman of a Board of Management of BMW AG, Dr. Ing. Nobert Reithofer.
The march for destiny success was set in 2007 with Strategy Number ONE. This plan was introduced good before a financial and mercantile predicament and has been evenly implemented over a past 3 years. It laid a substructure for a upswing we are now experiencing, according to a Chairman of a Supervisory Board of BMW AG. New models enjoying success today, such as a BMW X1 and a MINI Countryman, were also motionless on in 2007.

The aphorism Sheer pushing pleasure originates from a year 1964 and binds loyal for all BMW code models. Today, BMW is a code that combines energetic opening and potency like no other. And that will request in a future, also, regardless of a form of expostulate sight underneath a bonnet, commented Reithofer. It also has to do with a people who work during BMW. Besides their high turn of ability and dedication, they also have a clever marker with a company, as Milberg forked out.

The rite during a Theresienhhe is being hold during a really same place where shareholders deserted a Daimler-Benz bid to acquire BMW on 9 Dec 1959. Speakers during tomorrows eventuality embody Supervisory Board Chairman, Prof. Dr. Milberg, and Chairman of a Board of Management of BMW AG, Dr. Norbert Reithofer, as good as a Chairman of a General Works Council, Manfred Schoch. Representing a infancy shareholder, Stefan Quandt will also plead a ancestral attribute between a Quandt family and BMW.

The BMW Group
The BMW Group is one of a many successful manufacturers of automobiles and motorcycles in a universe with a BMW, MINI and Rolls-Royce brands. As a tellurian company, a BMW Group operates 24 prolongation comforts in 13 countries and has a tellurian sales network in some-more than 140 countries.
The BMW Group achieved a tellurian sales volume of approximately 1.29 million automobiles and over 87,000 motorcycles for a 2009 financial year. Revenues totalled euro 50.68 billion. At 31 Dec 2009, a association employed a tellurian workforce of approximately 96,000 associates.
The success of a BMW Group has always been built on long-term meditative and obliged action. The association has therefore determined ecological and amicable sustainability via a value chain, extensive product shortcoming and a transparent joining to conserving resources as an constituent partial of a strategy. As a outcome of a efforts, a BMW Group has been ranked attention personality in a Dow Jones Sustainability Indexes for a final 6 years.

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Telephone: (+49 89) 382-23362, Fax: (+49 89) 382-24418

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Telephone: (+ 49 89) 382-22332, Fax: (+ 49 89) 382-29756

Maximilian Schberl, Corporate and Governmental Affairs
Telephone: (+49 89) 382-37349, Fax: (+49 89) 382-37446

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