Excellence >>BMW BMW is the ultimate driving machine. Manufactured by the German company‚ Bayerische Motoren Werke AG‚ BMW stands for both performance and luxury. The com- pany was founded in 1916 as an aircraft-engine manufac- turer and produced engines during World War I and World War II. It evolved into a motorcycle and automobile maker by the mid-20th century‚ and today it is an internationally respected company and brand with €53 billion (about $76 billion) in revenues in 2008. BMW’s
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What is your mission statement? BMW Group’s worldwide mission statement is: "The mission statement up to the year 2020 is clearly defined: the BMW Group is the world’s leading provider of premium products and premium services for individual mobility." Mission Statement This statement is retireved from the annual report 2008: "Today‚ the BMW Group is one of the ten largest car manufacturers in the world and possesses‚ with its BMW‚ MINI and Rolls-Royce brands‚ three of the strongest premium
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The BMW Group will expand production capacity at its US plant in Spartanburg from some 150‚000 to 240‚000 units by 2012. Plans for the expansion are already underway. Capacity at the Oxford MINI plant is to be increased to 260‚000 units per annum—without making further investments in infrastructure. The BMW Group will take the first step towards expanding its capacity in China by raising it from 30‚000 to 44‚000 units a year. Furthermore‚ the company will work on strategically increasing purchasing
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"BMW OF NORTH AMERICA: DREAM IT. BUILD IT. DRIVE IT" BMW has been in the mass customization business since 1992. This longevity in the customization expertise has enabled them to deliver on schedule and also make last minute changes in the production process. Customization at BMW also was instrumental in the successful re-launch of the iconic MINI. Technology and media have also impacted greatly to the buyers mentality in car purchase. Online research is a driver in the buying process‚ whether
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BMW Read the case‚ and consider the following questions: 1. What main trends are identifiable in the business environment in general and in the automobile market in particular in 2004? • Equity prices had fallen until late in 2003: this‚ coupled with geopolitical tensions and concerns about oil supplies‚ add to the uncertainty about the economic and political environments • From the mid 1990s automobile producers strove to improve engineering adn quality of vehicles as a
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GLOBAL SUPPLY CHAIN MANAGEMENT: BMW SPARTANBURG‚ USA ACTIVE HYBRID X6- V8 Hybrid Engine Business Administration- International Business 7th April‚ 2011 DALISO BULWANI SYAMAND KHODADADI LE SUN CONTENTS Page EXECUTIVE SUMMARY-------------------------------------------------------------------------- 4 PLANNING PEST Analysis----------
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SITUATION ANALYSIS: CURRENT MARKET POSITION: • • • • • • BMW has achieved market leader position in the luxury car segment for 2 nd consecutive year. 43% of market share in luxury car segment. 73% growth over 2009. Sales of 6426 units in 2010. Archrival Mercedes Benz sold 5819 units. Presently employs 400 people. Present in 20 locations across India. Launch Date: 23rd December 2010 Models: X1 sDrive 1.8i X1 sDrive 2.0d X1 sDrive 2.0d Exclusive Price: 22 Lakhs-32.5 Lakhs JOY IS WHAT YOU
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Werke AG (English: Bavarian Motor Works) with headquarter in Munich is one of them. Founded 1916 as a producer of aircraft engines BMW is one of the ten largest car manufacturers in the world today. The company operates in three business segments: automobiles‚ motorcycles and financial services. However the core business is still the production of cars. In that segment BMW is focused at the premium and luxury sector where it is is one of the leading car manufacturers with the aim to achieve profitable
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efficiency over quality. BMW continues to provide consistent growth both financially and in market share by believing that you can have the best of both worlds; a quality product that is made efficiently and doesn’t compromise the most important element of any car: the driver (Larrson‚ 2006). The purpose of this brand analysis is to dissect the BMW brand to better understand how Bavarian Motor Works has become the most successful premium automotive producer. Overview of Company BMW Headquarters: Munich
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After having worked for BMW for an extensive amount of time‚ it’s become evident to me on how people put trust in a well known brand‚ or should I say roundel. Not only this‚ but people trust in a company that has a long and successful history. This being said‚ BMW’s heritage and branding plays a significant role in their success; they have one of the world ’s most recognized and revered commercial symbols. Thesis: Today I’d like to share with you some history behind the BMW brand. Logical Orientation:
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