Sun He/Sean Blake Hunter Huang Xiaolu/Heloise Chen Haoyue/Cindy BMW (Bayerische Motoren Werke AG) was started in 1916 World War I Gustav Otto, Karl Rapp, Franz Josef Popp, Camillo Castiglioni 1923 First Motorcycle (R32) 1927 first automobile invented by Max Friz Gotthilf Durrwachter (BMW 3/15) World War II 1959 expanded factory 1973 expansion to Rosslyn, South Africa 1980 first motorcycle with anti-lock brakes 1999-2007 New Factories are built in Russia, China, Austria, Egypt, and India 2000 Purchased Rover Group Three Pillars of the world Japanese Automotive European Automotive America Automotive Japanese Automotive Industry: high-performance the fuel-efficient cars leader in the current market sales increasing every year European Automotive Industry: Charming and Attractive Outstanding quality Leading technological strength Real sense of security American Automotive Industry: Need a lot of fuel The natural and unrestrained style Scientific and technological Paris Motor Show: • Started at Dec.11, 1894 • Intuitive way shows the future trend High-Tech • Satellite position systems • Electronic information technology Comfort & Convenience Fuel-efficiency • Such as BMW’s MINI Series MINI Series High oil price Energy-saving Product mix adjustment “Consumer-hungry” policy High-quality Production capacity Overseas Subsidiary: • Cannot make sure the high-quality image of BMW’s brand • Affect the local manufacture Established in 1908 2nd largest Automotive Corporation Total Revenue- 181.122 Billion (2007) Largest Automotive Corporation Japan Based Corporation Started in 1936 by Kiichiro Toyoda Total Revenue’s 202.86 billion (2007) 5th largest automotive corporation Japan Based Total Revenues 119.801 billion (2007) Daimler Benz AG, Daimler Chrysler AG Merged with Chrysler 99.399 billion euro Largest German Competitor Long history & brand image High-end products Abundant capital and technology Clear and positive direction Weakness in localization strategy High price Markets in developing countries Brand appearance Developing countries’ markets Non-oil-use products Online services Fake BMW Threats from competitors Lack of oil Increasing number of traffic accidents Fake BMW • • • • • Rebuilding Brand Image in the one or two country Join more public benefit activities Attention more Charities Hold a training for drivers Old men/women Somebody want to conversance BMW Potential consumer Build a art of park in the big city of world • Let people real know what is BMW NIKE Park • Build a brand image in everyone’s mind • The best drumbeating • The company culture will be step up a new era • • • Produce different style cars Sports style cars Business style cars Family style cars Reduce unnecessary digital equipment. • Decrease accident • Retro drive Focus on local market segments Build more factories of component Emphasis on government and media relations Employ the best marketing manager Find a good broker Doing good job of market research before new product entry different markets