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BMW vs Toyota: Founders, CEOs and History

BMW was founded in 1916 by Karl Rapp, Gustav Otto and is led by Milan Nedeljković. Toyota was founded in 1937 by Kiichiro Toyoda, Sakichi Toyoda and is led by Kenta Kon.

Company facts

BMW

Founded
1916
Headquarters
Munich, Germany
Current CEO
Milan Nedeljković
Employees
154,540

Toyota

Founded
1937
Headquarters
Toyota City, Aichi, Japan
Current CEO
Kenta Kon
Employees
375,235

Founders

BMW

  • Karl Rapp

    Bayerische Motoren Werke (BMW) traces its foundational roots not to automobiles, but to the skies above Germany during the First World War.

  • Gustav Otto

    Gustav Otto's importance lies in the aviation world that made BMW possible. He founded an aircraft manufacturing company before BMW became associated with motorcycles or cars, and his operations formed part of the Bavarian industrial environment from which BMW…

BMW founders in full

Toyota

  • Kiichiro Toyoda

    Kiichiro Toyoda (1894-1952) founded the Toyota Motor Corporation in 1937, spinning it out of his father's successful textile machinery business.

  • Sakichi Toyoda

    Sakichi Toyoda was not the founder of Toyota Motor Corporation but his inventions and philosophy created the foundation on which it was built. His loom patents generated the capital Kiichiro needed to experiment with automobiles.

Toyota founders in full

CEOs and their tenures

BMW

  1. Eberhard von Kuenheim1970–1993

    Chairman of the Board of Management (CEO)

    BMW's longest-serving chief executive turned a mainly German carmaker into an international premium brand, launching the 3 Series (1975) and 7 Series (1977) and completing the 'Four Cylinder' headquarters tower in Munich.

    Source
  2. Norbert Reithofer2006–2015

    Chairman of the Board of Management (CEO)

    Serving as CEO from 2006 to 2015, he maintained BMW's status as the world's best-selling premium automaker and spearheaded the company's early, massive investments in electrification.

    Source
  3. Harald Krüger2015–2019

    Chairman of the Board of Management (CEO)

    Krüger led BMW from May 2015 to August 2019, a period that included the launch of the X7 and the preparation of flexible vehicle architectures.

    Source
  4. Oliver Zipse2019–2026

    Chairman of the Board of Management (CEO)

    Zipse joined BMW in 1991 and led the group from 16 August 2019 to 13 May 2026, concluding 35 years with the company.

    Source
  5. Milan Nedeljković2026–present

    Chairman of the Board of Management (CEO)

    Took over from Oliver Zipse on 14 May 2026 after a career that began as a BMW trainee in 1993 and included senior roles at Plant Oxford, managing director of Plants Leipzig and Munich, senior vice president Corporate Quality and, from 2019, board member for Pr…

    Source
BMW CEO history in full

Toyota

  1. Akio Toyoda2009–2023

    President and Chief Executive Officer (now Chairman)

    Akio Toyoda took leadership during one of Toyota's hardest modern periods, including the global financial crisis and the unintended acceleration recall crisis.

    Source
  2. Koji Sato2023–2026

    President and Chief Executive Officer (now Vice Chairman)

    Koji Sato inherited a profitable but scrutinized Toyota.

    Source
  3. Kenta Kon2026–present

    President and Chief Executive Officer

    As CFO, he managed the immense capital allocation required for Toyota's massive $35 billion commitment to fully electrify its vehicle lineup by 2030.

    Source
Toyota CEO history in full

Timeline: BMW and Toyota side by side

  1. 1916BMW

    Official Foundation Date

    BMW traces its official foundation date to 7 March 1916 through Bayerische Flugzeug-Werke AG. The origin matters because the business began in aircraft and engine manufacturing before it ever sold cars.

  2. 1923BMW

    BMW R 32 Motorcycle Launch

    The R 32 gave BMW its first branded motorcycle and a recognizable engineering signature around the boxer engine and shaft drive. It turned aircraft-engine know-how into a consumer product after aviation restrictions changed the company's market.

  3. 1928BMW

    Entry Into Automobiles Through Eisenach

    BMW became an automobile manufacturer by purchasing Fahrzeugfabrik Eisenach. The deal gave the company an existing carmaking base and moved it beyond engines and motorcycles into the larger passenger-car market.

  4. 1937Toyota

    Toyota Motor Corporation incorporated

    Toyota Motor Corporation was incorporated after Kiichiro Toyoda expanded the Toyoda family business from automatic looms into automobile manufacturing.

  5. 1955Toyota

    Toyopet Crown launched

    The Toyopet Crown gave Toyota a postwar passenger-car platform and later became its first passenger car exported to the United States.

  6. 1961BMW

    New Class Breakthrough

    The BMW 1500 New Class sedan filled a market gap and helped restore BMW as a successful modern carmaker. Its sporty sedan formula became a foundation for the later performance-premium identity.

  7. 1966Toyota

    Corolla launched

    Toyota launched the Corolla, a compact car that became central to its mass-market export strategy.

  8. 1989Toyota

    Lexus launches

    Toyota launched Lexus with the LS 400, moving into premium vehicles with a quality-led strategy.

  9. 1994BMW

    Rover Group Acquisition

    BMW bought Rover Group to broaden its model range, but the integration did not meet expectations and most of Rover was sold in 2000. The episode mattered because it pushed BMW back toward disciplined premium positioning while MINI remained inside the group.

  10. 1997Toyota

    Prius launches in Japan

    Toyota launched the Prius, turning hybrid technology into a mass-produced passenger vehicle.

  11. 1998BMW

    Rolls-Royce Motor Cars Rights Acquired

    BMW obtained the Rolls-Royce Motor Cars brand and naming rights in 1998 and took full responsibility for the marque from 2003. The deal expanded the group upward into ultra-luxury without forcing the BMW badge to carry that role.

  12. 2011BMW

    BMW i Sub-Brand Announced

    BMW announced the BMW i sub-brand with the i3 and i8 planned as its first models. The program gave the group an early platform for electric mobility, lightweight materials, and sustainability-focused manufacturing ideas.

  13. 2016Toyota

    Acquired Daihatsu Motor Co., Ltd.

    Toyota Motor acquired Daihatsu Motor Co., Ltd..

  14. 2019BMW

    Oliver Zipse Became Chairman

    Oliver Zipse became Chairman of the Board of Management on 16 August 2019 and served until 13 May 2026. His tenure was defined by the technology-open strategy, the Neue Klasse programme and flexible production across powertrains.

  15. 2021Toyota

    Acquired Lyft Level 5

    Toyota Motor acquired Lyft Level 5 for $550 million.

  16. 2021Toyota

    Acquired CARMERA

    Toyota Motor acquired CARMERA.

  17. 2023BMW

    ~$176B (EUR 155.498B) Revenue Year

    BMW Group revenue reached ~$176B (EUR 155.498B) in 2023, the highest annual revenue in the recent report period shown here. That peak set a demanding comparison base for the weaker 2024 and 2025 revenue years.

  18. 2025BMW

    FY2025 Revenue and Deliveries

    BMW Group reported ~$151B (EUR 133.453B) in revenue and 2,463,681 automotive deliveries in FY2025. The result showed stable unit scale but weaker revenue and margin conditions, especially as China, tariffs, currency, and EV costs affected the business.

  19. 2025BMW

    Neue Klasse iX3 World Premiere

    The fully electric BMW iX3, the first Neue Klasse model, premiered at the IAA in Munich in September 2025. It is built in Debrecen, Hungary, and European customer deliveries began in March 2026.

  20. 2026BMW

    Capital Market Day Reset Plan

    On 30 September 2026 BMW set a 3-5% automotive EBIT margin target for 2028 and 8-10% by the start of the next decade, alongside fewer variants, a first BMW ALPINA model in 2027 and a compact Neue Klasse EV for Europe in 2028.

  21. 2026BMW

    Profit Warning on China Downturn

    On 16 June 2026 BMW cut its 2026 automotive EBIT margin guidance to 1-3% from 4-6%. Q2 automotive margin came in at 2.3% and China deliveries fell 30.2% in the quarter.

  22. 2026BMW

    Milan Nedeljković Became CEO

    Milan Nedeljković succeeded Oliver Zipse as Chairman of the Board of Management on 14 May 2026, the day after the 106th Annual General Meeting, which also approved converting all preferred shares into ordinary shares.

  23. 2026Toyota

    Kenta Kon becomes president and CEO

    Kenta Kon became president and CEO on April 1, 2026, while Koji Sato moved to vice chairman and chief industry officer.

  24. 2026Toyota

    FY2026 sales revenues reach ~$340B (JPY 50.685T)

    Toyota reported FY2026 sales revenues of ~$340 billion (JPY 50,684.952 billion) and net income attributable to Toyota Motor Corporation of ~$25.8 billion (JPY 3,848.098 billion).

Acquisitions

BMW

  • ALPINA brand2022Undisclosed
  • Rolls-Royce Motor Cars1998$66M
  • Rover Group1994$1.2B
  • Mini brand1994Undisclosed
All BMW acquisitions

Toyota

  • Lyft Level 52021$550M
  • CARMERA2021Undisclosed
  • Renovo Motors2021Undisclosed
  • Daihatsu Motor Co., Ltd.2016Undisclosed
  • Toyota Auto Body2012Undisclosed
All Toyota acquisitions

Questions about BMW vs Toyota

Who is the CEO of Bayerische Motoren Werke AG and Toyota Motor Corporation?

Bayerische Motoren Werke AG is led by Milan Nedeljković and Toyota Motor Corporation is led by Kenta Kon. Both serve as the top executive responsible for the company's strategy, operations, and financial performance.

When was Bayerische Motoren Werke AG founded vs Toyota Motor Corporation?

Bayerische Motoren Werke AG was founded in 1916 — 21 years before Toyota Motor Corporation, which was founded in 1937. Bayerische Motoren Werke AG's longer operating history gives it a deeper track record but also potentially more institutional inertia compared to the younger Toyota Motor Corporation.

How many employees does Bayerische Motoren Werke AG have compared to Toyota Motor Corporation?

Bayerische Motoren Werke AG employs approximately 154,540 people, while Toyota Motor Corporation employs approximately 375,235. Toyota Motor Corporation has the larger workforce at 375,235 employees, compared to Bayerische Motoren Werke AG's 154,540. A higher headcount does not necessarily imply greater efficiency — it often reflects differences in business model (e.g., manufacturing vs. software).

Where are Bayerische Motoren Werke AG and Toyota Motor Corporation headquartered?

Bayerische Motoren Werke AG is headquartered in Germany and Toyota Motor Corporation is headquartered in Japan. Their different home markets mean they may face different regulatory frameworks, tax regimes, and currency exposure.

Who founded Bayerische Motoren Werke AG and Toyota Motor Corporation?

Bayerische Motoren Werke AG was founded by Karl Rapp, Gustav Otto. Toyota Motor Corporation was founded by Kiichiro Toyoda, Sakichi Toyoda.

Which company has a longer operating history — Bayerische Motoren Werke AG or Toyota Motor Corporation?

Bayerische Motoren Werke AG has been operating for approximately 110 years, making it the more established of the two companies. Toyota Motor Corporation has been in operation for around 89 years. A longer operating history often signals greater institutional resilience and brand recognition, though it can also mean slower adaptation to new market conditions.

Figures come from each company's filings and the sources linked beside them. Amounts reported in another currency are shown in US dollars at an approximate rate and marked with ~. Back to the BMW vs Toyota overview

Content is for informational purposes only. Not financial advice. Data sourced from SEC filings, annual reports, and public records. See our full disclaimer and methodology.