Search results
Results from the WOW.Com Content Network
In 2018, Quandt became BMW’s largest single shareholder when his direct ownership increased with shares inherited from his mother, giving him a so-called “blocking stake” of 25.83 percent, worth 13.4 billion euros ($16.6 billion). [7]
The French Association of Private Enterprises (French: Association française des entreprises privées, AFEP) is a French non-profit organization founded in 1982. It is widely viewed as the main lobby group for large private-sector French companies. [1] [2] [3]
A car dealer orders vehicles from the manufacturer for inventory and pays interest (called flooring or floor planning). Dealer holdbacks are a system of payments made by manufacturers to their dealers. [5] The holdback payments assist the dealer's ability to stock their inventory of vehicles and improve the profitability of dealers.
BMW made a six-year sponsorship deal with the United States Olympic Committee in July 2010. [100] [101] In golf, BMW has sponsored various events, [102] including the PGA Championship since 2007, [103] [104] the Italian Open from 2009 to 2012, the BMW Masters in China from 2012 to 2015 [105] [106] and the BMW International Open in Munich since ...
The company’s CEO Oliver Zipse also highlighted that luxury electric cars will drive the 8% to 10% operating profit margin growth in its automotive segment, which includes BMW, Mini and Rolls ...
Sytner Group continued its growth in 2017 with acquisition of Trainer BMW and MINI in Swansea. Celebrating 40 years of business in 2016, all 100 Trainer staff members transferred to Sytner Group within the move. The acquisition saw Sytner Group's total count of BMW and MINI dealerships rise to 17 for each brand. [15]
[5] [6] [7] In 2018, Park's Motor Group opened its second McLaren dealership in Leeds. [8] In January 2016, Park's Motor Group completed the acquisition of Macrae & Dick. [9] [10] The acquisition led to the introduction of 12 new dealerships, including BMW and MINI in Stirling, Land Rover and Jaguar in Inverness and Honda in both Inverness and ...
A Porsche dealership in West Des Moines, the first in the metro since 2008 and the only one in Iowa, is on track to open in May 2025, says Mitch Schneringer, general manager of the Woodhouse Auto ...