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BMW Group

Self Description

November 2007: "With the three brands, BMW, MINI and Rolls-Royce Motor Cars, the BMW Group has its sights set firmly on the premium sector of the international automobile market. To achieve its aims, the company knows how to deploy its strengths with an efficiency that is unmatched in the automotive industry. From research and development to sales and marketing, BMW Group is committed to the very highest in quality for all its products and services. The company's success to date is proof of this strategy's correctness."

Third-Party Descriptions

December 2012: "But the gates had been opened. In 1992, South Carolina lured BMW with a $130 million package; the next year, Alabama got Mercedes-Benz at a price tag that topped $300 million."

February 2011: 'Often drastically. In 2006, Google announced that it had caught BMW using a black-hat strategy to bolster the company’s German Web site, That site was temporarily given what the BBC at the time called “the death penalty,” stating that it was “removed from search results.”'

November 2007: "Last month, the family that owns nearly 50 percent of luxury automaker BMW agreed to a probe into whether it had profited from forced labor during the Third Reich. The move was prompted by a public television documentary that featured testimony from former prisoners at a family-owned battery factory in Hanover. The Quandt family, which had personal ties to top Nazi leaders, including propaganda minister Joseph Goebbels, acknowledged that it had kept silent about the slave-labor issue for decades."


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Articles and Resources

Date Resource Read it at:
Dec 01, 2012 As Companies Seek Tax Deals, Governments Pay High Price

QUOTE: states, counties and cities are giving up more than $80 billion each year to companies. The beneficiaries come from virtually every corner of the corporate world, encompassing oil and coal conglomerates, technology and entertainment companies, banks and big-box retail chains. The cost of the awards is certainly far higher....A portrait arises of mayors and governors who are desperate to create jobs, outmatched by multinational corporations and short on tools to fact-check what companies tell them....Many of the officials said they feared that companies would move jobs overseas if they did not get subsidies in the United States. Over the years, corporations have increasingly exploited that fear, creating a high-stakes bazaar where they pit local officials against one another to get the most lucrative packages.

New York Times
Feb 12, 2011 The Dirty Little Secrets of Search

QUOTE: Does the collective wisdom of the Web really say that Penney has the most essential site when it comes to dresses? ...What he found suggests that the digital age’s most mundane act, the Google search, often represents layer upon layer of intrigue. And the intrigue starts in the sprawling, subterranean world of “black hat” optimization, the dark art of raising the profile of a Web site with methods that Google considers tantamount to cheating.

New York Times
Sep 16, 2009 Citing Risks, U.S. Seeks New Rules for Niche Banks (Back to Business)

QUOTE: While they [niche banks that give loans to business] have brought billions of dollars in deposits, thousands of jobs and millions in charitable donations to Salt Lake City, the banks have also drawn fire from Washington.

New York Times
Nov 25, 2007 Holocaust Survivors, Heirs Push Old Claims: Germany Long Ago Settled Most Cases, But Many Remain

QUOTE: More than 76,000 claims filed by Jewish families and other Nazi-era victims who had owned property in the former East Germany remain unresolved. About 60,000 Jews who applied for special pensions payable to people the Nazis forced to work for subsistence wages in ghettos were turned down. And owners of stolen artwork complain that efforts to find their collections have been stonewalled by German museums, despite a 1999 pledge to clear up the issue.

Washington Post