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pampango

(24,692 posts)

67. The profits go to shareholders - 44.1% are German; 33.2% are American.

Thu Jan 31, 2013, 06:37 AM

Jan 2013

Shareholders structure

by ownership

Stefan Quandt: 17.4%
Johanna Quandt: 16.7%
Susanne Klatten: 12.6%
Free Float: 53.3%

by region

Strategic investors: 46.7%
North America: 15.8%
United Kingdom and Ireland: 11.8%
Other Europe: 5.7%
Germany: 4.8%
Rest of the world: 2.5%
Other investors: 12.7%

http://en.wikipedia.org/wiki/BMW#Shareholders_structure

Stefan Quandt is now an American citizen living in New York. 39.3% of BMW's stock is owned by family members who are German and an additional 4.8% is owned by other Germans.

Multinational corporations are not human beings and do not have a nationality. Their shareholders do.

The fact that BMW builds it US-made cars in a right-to-work state is a better reason to avoid them. Their German-built cars are 100% union-made. For some that may matter more than the location of the factory in which the cars are assembled.

How Germany Builds Twice as Many Cars as the U.S. While Paying Its Workers Twice as Much

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good reason not to buy a BMW [View all] gejohnston Jan 2013 OP

They're luckier than Joe and Magda's (natural) kids... Cooley Hurd Jan 2013 #1

This should come as no surprise. MAD Dave Jan 2013 #2

There's a reason they call BMW the "ultimate driving machine." Bake Jan 2013 #12

New Cadillac ATS is very competitive with BMW 3 series MightyMopar Jan 2013 #17

Cool car and I agree. EOTE Jan 2013 #92

The big problem though, kentauros Jan 2013 #25

Mine is a 2000 323i. Bake Jan 2013 #75

That's lighter than my Civic! kentauros Jan 2013 #77

Honestly, as soon as I got behind the wheel of the BMW and got out on the road Bake Jan 2013 #83

As with any car, find a good mechanic or shop kentauros Jan 2013 #85

Mom's is a 1984 325i. That car has been babied and it performs. nadinbrzezinski Jan 2013 #81

I love my 3-series. Bake Jan 2013 #84

We got a jeep nadinbrzezinski Jan 2013 #86

Hehe. I have attempted it. And will do so again! Bake Jan 2013 #88

While you're not in the monority for disobeying speed limits kentauros Jan 2013 #89

I am trained. (EMS driving) nadinbrzezinski Jan 2013 #96

meh. ive driven one. actslikeacarrot Jan 2013 #74

A number of BMWs are made in the US. (nt) harmonicon Jan 2013 #29

My BMW was built in South Carolina. nt SailorMike Jan 2013 #34

The profits go to Germany, how Patriotic of you... DainBramaged Jan 2013 #36

I believe those were AMERICAN workers assembling it though. SailorMike Jan 2013 #37

Yup, rationalisation, works for you......and the scabs assembling the foreign iron in right to work DainBramaged Jan 2013 #38

Post removed Post removed Jan 2013 #51

So Japanese made cars are out too? n/t countingbluecars Jan 2013 #76

The profits go to shareholders - 44.1% are German; 33.2% are American. pampango Jan 2013 #67

The fact that BMW builds it US-made cars in a right-to-work state is a better reason to avoid them. DainBramaged Jan 2013 #71

Agreed. And right-to-work is something that we, as Americans, have foisted on ourselves. pampango Jan 2013 #72

Post removed Post removed Jan 2013 #53

To call someone a Nazi-sympathizer because they bought a TheDebbieDee Jan 2013 #62

Considering that Ford did more for Hitler than the Quandts ever could have? Democracyinkind Jan 2013 #63

the perpetually offended DainBramaged Jan 2013 #78

New 2014 Mercedes CLA starting at $29,900 snooper2 Jan 2013 #95

Henry Ford was a big supporter of the Nazis Fumesucker Jan 2013 #3

IBM, too.. Cooley Hurd Jan 2013 #8

Indeed n/t Fumesucker Jan 2013 #9

Henry Ford Berserker Jan 2013 #14

You ever have an OP not turn out quite the way you anticipated? Fumesucker Jan 2013 #15

And Chrysler is owned by Fiat. Xithras Jan 2013 #87

Chrysler is also partly owned by the UAW and FIAT scion John Elkann is an American. MightyMopar Feb 2013 #105

Elkann is Chairman, but the Agnelli's own a controlling interest in the company. Xithras Feb 2013 #106

Good reason not to buy a Ford too then Spider Jerusalem Jan 2013 #4

This is why my entire family has not owned a Ford since WW2. Bluenorthwest Jan 2013 #24

There is a lot of repentance among the offspring of Nazis. tblue Jan 2013 #5

The sins of the father... Glassunion Jan 2013 #6

not the kids, gejohnston Jan 2013 #11

How many people today have their fortunes that were funded even partially in atrocities? Glassunion Jan 2013 #48

Where is England on that list?? malaise Jan 2013 #66

You fixed it by saying "planet". Glassunion Jan 2013 #68

Not to diminish the point of your OP, RedCappedBandit Jan 2013 #7

Good Point. Of Course There Isn't dballance Jan 2013 #28

Sanrio Corporation is about as squeaky clean as you can get Art_from_Ark Jan 2013 #101

Sorry they are not so squeaky clean. Glassunion Jan 2013 #102

Oh, for crying out loud Art_from_Ark Jan 2013 #103

Mitsubishi Glassunion Feb 2013 #104

better not take Bayer aspirin either, I've heard they have a connection to Nazis. nt Raine Jan 2013 #10

Bayer rickyhall Jan 2013 #32

Only half of the directors of IG Farben were convicted... Brother Buzz Jan 2013 #60

GAF Berserker Jan 2013 #13

Goebbels was originally an ardent socialist. ErikJ Jan 2013 #16

I don't know from BMW cars. Robb Jan 2013 #18

They didn't inherit that from Goebbels jberryhill Jan 2013 #19

One name SCVDem Jan 2013 #20

The sins of the father sort of thing? I'm not normally so magnanimous, but I won't begrudge them Ed Suspicious Jan 2013 #21

Can't believe the O.P. passed up the references to the BUSH family, among others UTUSN Jan 2013 #22

I knew about them, BMW was news to me gejohnston Jan 2013 #43

Since the thread is back on top, I'll answer, "the difference" for me is to publicize the UTUSN Jan 2013 #98

Ford, Pepsi(or was it Coke?), and other US Companies HooptieWagon Jan 2013 #23

I'd not drive a BMW or a Ford, BUT these people are not descendants of Goebbles at all Bluenorthwest Jan 2013 #26

Explain to me why this is a good reason not to buy a BMW. harmonicon Jan 2013 #27

The company built its fortunes on the backs of slave labor. Isn't that enough? jeesh. - n/t coalition_unwilling Jan 2013 #52

No, unless you think corporations really are people, fully endowed with thoughts and feelings. (nt) harmonicon Jan 2013 #56

That's not a GOOD reason. kentauros Jan 2013 #30

My dealer SailorMike Jan 2013 #33

My brother told me a story of when he was test-driving his VW Golf. kentauros Jan 2013 #35

Though there is that pesky fact that he didn't know that the car was capable Luminous Animal Jan 2013 #41

His intent wasn't to scare anyone. kentauros Jan 2013 #42

I've seen almost the opposite scenario Fumesucker Jan 2013 #45

Great story! kentauros Jan 2013 #46

Hubby did the same with the civic hybrid nadinbrzezinski Jan 2013 #97

What I'd like to say here, too, about making a performance car "perform" kentauros Jan 2013 #99

It is sick how his relatives became rich off of suffering davidpdx Jan 2013 #31

Correction: Harald Quant was NOT the son of Joseph Goebbels. no_hypocrisy Jan 2013 #39

Never had a hankerin' for a BMW, or ..... oldhippie Jan 2013 #40

I will stick with GM, Chrysler or Dodge products sad-cafe Jan 2013 #44

You know that Chrysler is owned by Fiat... harmonicon Jan 2013 #58

GM supported the Nazi war effort. Glassunion Jan 2013 #65

How is a BMW like a case of hemorrhoids? Flying Squirrel Jan 2013 #47

ROTFLMAO. Bravo! - n/t coalition_unwilling Jan 2013 #54

Seems the worst drivers I've seen on the road drive BMWs. . . DinahMoeHum Jan 2013 #70

Harald Quandt was Magda's son from a previous marriage, before Goebbels. Manifestor_of_Light Jan 2013 #49

Hugo Boss made Nazi uniforms. Manifestor_of_Light Jan 2013 #50

I was made in Germany ! Nabbysensei Jan 2013 #55

Some people are so absurd about this sort of stuff. harmonicon Jan 2013 #59

Maybe so. But, my '73 2002 tii was a great car. leveymg Jan 2013 #57

So from this thread... Glassunion Jan 2013 #61

I bet the people you mentioned aren't too big on DuPonts products, either ... Democracyinkind Jan 2013 #64

It's just a bad case of "Nazi Tourette's" kentauros Jan 2013 #79

Bayer, Bosh, BASF and the most of IG Farben unhappycamper Jan 2013 #69

... I guess you mean a reason other than not be able to afford one tk2kewl Jan 2013 #73

that I'm more of a pick up truck gejohnston Jan 2013 #93

me too tk2kewl Jan 2013 #94

They must be evil if their step-grandfather was evil Freddie Stubbs Jan 2013 #80

As much as I detest both rich people and NAZIs, the Goebbels family has done nothing wrong Taverner Jan 2013 #82

most "old wealth" in the US came from slave labor datasuspect Jan 2013 #90

Eye opening thread. For many reasons. (nt) Demo_Chris Jan 2013 #91

I sat down and figured out that I have owned nothing but Axis vehicles my whole life. Glassunion Jan 2013 #100

Laughable. Good one! flvegan Feb 2013 #107