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However, the name BMW dates back to 1913, when a company to use the name was founded by Karl Rapp initially as Rapp Motorenwerke. The name and Rapp Motorenwerke 's engine-production assets were transferred to Bayerische Flugzeugwerke in 1922, who adopted the name the same year. [7]
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 ...
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 ...
Rapid was acquired in 1909 by General Motors, which merged it with the Reliance Motor Car Company in 1911 to form the General Motors Truck Company (GMTC). In 1912 the two brands were replaced with the GMC brand. Stellantis: Chrysler: Founded in 1925 from the remnants of the Maxwell Motor Company. Acquired by Daimler-Benz in 1998, forming ...
This was the first time that cars bore the BMW brand on the roads. In 1928, Popp also concluded a license agreement with the US American company Pratt & Whitney, allowing BMW to manufacture two air-cooled radial engines. This ensured that BMW had access to key know-how in an area of aircraft engine construction with a great future.
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2024 company ranking: No. 231. Fink co-founded BlackRock in 1988 after his departure from investment bank First Boston. He and his fellow co-founders focused on the buy-side of trading, and ...
Karl Rapp and Julius Auspitzer founded Karl Rapp Motorenwerke GmbH with a capital stock of RM 200,000 on 29 April 1913 on the site of Flugwerke Deutschland (after the company went into liquidation). General Consul Auspitzer was the company's sole shareholder, with the operational side of the company managed by Karl Rapp.