History Of BMW

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ayerische Motoren Werke AG (About this sound pronunciation (help·info); English: Bavarian Motor Works), commonly known as BMW or BMW AG, is a German automobile, motorcycle and engine manufacturing company founded in 1916. BMW is headquartered in Munich, Bavaria, Germany. It also owns and produces Mini cars, and is the parent company of Rolls-Royce Motor Cars. BMW produces motorcycles under BMW Motorrad, and plug-in electric cars under the BMW i sub-brand. BMW is one of the best-selling luxury automakers in the world.[3] Contents [hide] 1 History 2 Shareholder structure 3 Production 3.1 Worldwide sales 3.1.1 China sales 3.2 Annual production 4 Motorcycles 5 Automobiles 5.1 New Class 5.2 Current models 5.3 M models 6 Motorsport 6.1 Motorsport…show more content…
The towers and museum are visible in the back right. BMW Isetta with a front opening door BMW model 3/15PS (BMW Dixi) from 1930 BMW 132 engine BMW 801 engine BMW was established as a business entity following a restructuring of the Rapp Motorenwerke aircraft manufacturing firm in 1917. After the end of World War I in 1918, BMW was forced to cease aircraft-engine production by the terms of the Versailles Armistice Treaty.[4] The company consequently shifted to motorcycle production as the restrictions of the treaty started to be lifted in 1923,[5] followed by automobiles in 1928–29.[6][7][8] The first car which BMW successfully produced and the car which launched BMW on the road to automobile production was the Dixi, it was based on the Austin 7 and licensed from the Austin Motor Company in Birmingham,…show more content…
In 1994, BMW bought the British Rover Group[18] (which at the time consisted of the Rover, Land Rover and MG brands as well as the rights to defunct brands including Austin and Morris), and owned it for six years. By 2000, Rover was incurring huge losses and BMW decided to sell the combine. The MG and Rover brands were sold to the Phoenix Consortium to form MG Rover, while Land Rover was taken over by Ford. BMW, meanwhile, retained the rights to build the new Mini, which was launched in
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