BMW

About Company

The BMW name stands for Bayerische Motoren Werke GmbH. BMW was created in 1917 from the Munich firm Rapp-Motorenwerke. The company was incorporated into Knorr-Bremse AG in 1920 before being refounded as BMW AG in 1922. It was the successor of Bayerische Flugzeugwerke AG, founded in 1916. 1916 is therefore considered BMW's founding year.

The BMW Group remains on track for success, as you would expect from your Company. This held true once again in 2022, when we were able to sell a total of around 2.4 million vehicles. Even though the numbers are down slightly on the previous year, this is still an excellent result. Despite the geopolitical challenges and supply chain bottlenecks, BMW and MINI's global market share remained stable at 3.4 %. Our Rolls-Royce and BMW Motorrad brands posted new all-time highs, with more than 6,000 luxury motor cars and almost 203,000 motorcycles and scooters delivered to customers. BMW Motorrad thus earned the number-one spot in the global premium segment. To mark its 50th anniversary, our BMW M GmbH also celebrated a record year – with the all-electric BMW i4 M50 as the best-selling BMW M model.

In 2025, we will be taking a further leap with the introduction of the NEUE KLASSE. This tipping point heralds another typical BMW shift – towards a new product offering, a new mindset, a new company. Our Vision Vehicles already provide a glimpse of this, as we make individual mobility electric, digital and circular. What this means for us is NEXT LEVEL MOBILITY

• BMW Group has made 3 acquisitions across sectors such as Consumer Digital - DACH, Consumer Digital - Europe, Consumer Digital - Germany and others.
• The company has spent over $260M for acquisitions.

Product BMW

In addition to leasing and long-term rental, there is now a third model for mobility. The car subscription consists of a monthly rent that you can flexibly adapt to your life. This monthly instalment includes everything, such as insurance, wear and tear, maintenance, repairs and motor vehicle tax. With the BMW car subscription, you simply and flexibly get the BMW subscription you need for every situation in life. Be it for professional reasons or family reasons. You decide when and where you drive the BMW car subscription. With the BMW car subscription, you don't have long contract periods. If you would like to drive a different BMW model after a while, you can flexibly cancel the BMW car subscription with a notice period of 1 month. Each of the subscription vehicles comes from an authorised BMW dealer and is available within a few days. There are no long waiting times and you also have a personal contact person at all times. You book your desired BMW with us online and we take care of the rest. Completely digital, without any annoying paperwork.

Volvo Cars

About Company

Volvo Cars is a Swedish multinational manufacturer of luxury vehicles. Volvo is headquartered in Torslanda, Gothenburg. The company manufactures SUVs, station wagons, and sedans. The company's main marketing revolves around safety and its Swedish heritage and design. Volvo Cars has been separate from its former parent conglomerate and producer of heavy trucks, buses, and construction equipment (among others) AB Volvo since 1999 when AB Volvo sold its automobile division Volvo Cars to Ford Motor Company. On 28 March 2010, Ford sold Volvo Cars at a loss to Geely for $1.8 billion; the deal closed in August 2010. Volvo Cars was publicly listed on the Nasdaq Stockholm stock exchange in 2021, though Geely still retains majority ownership. Volvo Cars and AB Volvo share the Volvo logo, and cooperate in running the Volvo Museum. In March 2021, Volvo Cars announced that it would be a fully electric brand by 2030. In June 2021, Volvo Cars and Swedish battery developer and manufacturer Northvolt announced the intention to establish a 50/50 joint venture consisting of a battery gigafactory and R&D (research and development) center. In December 2021, it was revealed the battery R&D center would be located in Gothenburg.

ÖV4 On the morning of 14 April 1927, the first Volvo car drove out through the factory gates in Gothenburg on the west coast of Sweden. The car was officially called the ÖV4 and it was an open tourer with a four-cylinder engine. The world's first Volvo was ready to hit the road.

1944 – The "little Volvo" comes along On 1 September 1944, the car that would make Volvo an international car company was unveiled in Stockholm. "The little Volvo", as it was called, was seen in Sweden as a promise of post-war prosperity and in the course of two weeks 2,300 people placed orders for the PV 444.