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Three unique models that BMW Motorsport created for the South African market were the E23 M745i (1983), which used the M88 engine from the BMW M1, the BMW 333i (1986), which added a six-cylinder 3.2-litre M30 engine to the E30, [128] and the E30 BMW 325is (1989) which was powered by an Alpina-derived 2.7-litre engine.
Consolidation of the automobile industry is an ongoing occurrence. Behind each automobile brand lies larger parent corporations.Auto mobile corporations, external corporations and private shareholders commonly own varying amounts of multiple auto mobile corporations, thus resulting analysis of relationships between auto mobile corporations becomes increasingly complicated.
In 2018, Quandt became BMW’s largest single shareholder when his direct ownership increased with shares inherited from his mother, giving him a so-called “blocking stake” of 25.83 percent, worth 13.4 billion euros ($16.6 billion). [7] He currently [when?] is deputy chairman of the BMW supervisory board. [8]
The BMW 5 Series mid-size sedan range was introduced in 1972, followed by the BMW 3 Series compact sedans in 1975, the BMW 6 Series luxury coupes in 1976 and the BMW 7 Series large luxury sedans in 1978. The BMW M division released its first road car, a mid-engine supercar, in 1978. This was followed by the BMW M5 in 1984 and the BMW M3 in 1986 ...
Spirit of Ecstasy, the bonnet mascot sculpture on Rolls-Royce cars. Rolls-Royce Motor Cars Limited was created as a wholly owned subsidiary of BMW in 1998 after BMW licensed the rights to the Rolls-Royce brand name and logo from Rolls-Royce Holdings plc, [6] and acquired the rights to the Spirit of Ecstasy and Rolls-Royce grille shape trademarks from Volkswagen AG.
Before BMW's ownership, the traditional Mini had been at the Longbridge plant located next to the headquarters of Rover until the sale of the company by BMW in March 2000. In the selling of Rover by BMW to Phoenix Venture Holdings, the Longbridge plant was included in the sales contract.
The BMW Manufacturing Co., LLC, also known as BMW Spartanburg, is the BMW Group's only assembly facility in the United States, and is located in Greer, South Carolina. [11] The plant is currently BMW's major global production site for the X3, X4, X5, X6, X7, and XM crossover SUVs, [ 12 ] whose biggest market is the U.S., while other BMW models ...
The transition to BMW ownership only just preceded the introduction of the second generation Range Rover, prior to launching Land Rover's first unibody model, the Freelander in 1997. BMW was then responsible for much of the development of the Range Rover III – the first to have a monocoque structure and independent suspension , introduced ...