BMW Group - Workforce

Automotive | Germany | February 20, 2014
$2.99
Excel Sheet

Sales of BMW Group have increased by 81% over the last decade (ending in 2012), or 6.1% on average per year. Most of the growth came from the increased production (from 0.9 mil to more than 1.5 mil cars in 2012) as average price per car remained roughly the same (at around EUR 40-42,000). Company's profits have increased faster than that, however, at nearly 10% a year.

Having said that, the Group employed 8% fewer persons in 2012 when compared to 1999, which tells us something about the efficiency improvement in that period. Luckily for the employees, they share the upside. The average cost per BMW employee reached USD 6,718 per month in 2012, up 50% when compared to 1999