BMW | History, Cars, & Facts - Learnwithmukamil

 

BMW

German automaker

 

BMW, in full Bayerische Motoren Werke AG, German automaker noted for quality games vehicles and cruisers. Central command are in Munich.

 

It started in 1916 as Bayerische Flugzeug-Werke, a developer of airplane motors, however expected the name Bayerische Motoren Werke in July 1917 and started delivering bikes during the 1920s. BMW entered the vehicle business in 1928. The organization's R32 cruiser set a world speed record that was not broken until 1937. During The Second Great War BMW fabricated the world's most memorable stream plane motors, utilized by the Luftwaffe, Germany's flying corps. After the conflict the organization attempted to move into the little vehicle market however found that it couldn't contend really against Volkswagen's minimal, cheap cars. By 1959 the organization was very nearly insolvency, and its supervisors were intending to offer the firm to Daimler-Benz.

 

In that year, notwithstanding, BMW pulled out of its monetary downturn; German business person Herbert Quandt gained a controlling interest in the firm, and BMW presented its 700 series, before long followed by the similarly effective 1500 model. At about a similar time, the organization presented another series of cruisers that were especially famous in the US.

 

BMW was immovably settled as an exceptional car brand toward the twentieth century's end. In a bombed endeavor to acquire piece of the pie as a game utility vehicle organization, BMW bought the Meanderer Gathering in 1994 yet lost generally $4 billion preceding selling the Land Wanderer brand to Passage in 2000. BMW saw extraordinary accomplishment with the relaunch of the English Smaller than normal in 2001, nonetheless, and another English brand, Rolls-Royce, turned out to be essential for BMW in 2003. Individuals from the Quandt family kept on holding a critical stake in the organization.