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The BMW Bank GmbH is a finance service and a company of the BMW Group. The company known under BMW Group Financial Services was founded in 1971 in Munich, Germany. [2] In 1973, the BMW Leasing GmbH was added – also situated in Munich. The fabricated products are BMW, MINI and Rolls-Royce Motor Cars. Worldwide BMW Group Financial Services are ...
Damage waiver (DW) or, as it is often referred to, collision damage waiver (CDW) or loss damage waiver (LDW) is a term that can be included or purchased as an option in a car rental agreement, by which the rental company waives the right to pursue compensation from the renter if the vehicle is damaged or stolen. [1]
Closed-end leases are so called because they run for a fixed term, and the lessor and lessee agree in the lease contract what the residual value of the property being leased will be. In most cases (particularly in retail motor vehicle leases), the lessee has an option to purchase the property for the agreed residual value at the end of the ...
Also in 1986, BMW introduced its first V12 engine in the 750i luxury sedan. The 1989 BMW Z1 marked BMW's return to making a two-seat roadster, the 1995 BMW Z3 was their first mass-production two-seat roadster, and the 1999 BMW X5 was the company's first entry into the SUV market.
On August 23, 2020, the steel structure of BMW's largest paint shop in the world was completed, and the new BMW factory in Tiexi was completed.. On 27 March 2003 BMW and Brilliance Auto agreed to form a joint venture to produce BMW cars for the Chinese market, with BMW holding a 50 per cent stake, Brilliance Auto 40.5 per cent and the Shenyang municipal government 9.5 per cent.
The design cues from the BMW CS Concept can be found on the 2009 BMW 7 Series (F01) sedan, the 2010 BMW 5 Series Gran Turismo (F07) fastback, 2011 BMW 5 Series (F10) sedan, and the 2012 BMW 6 Series (F12/13/F06) Coupe/Convertible and Gran Coupe (a four-door coupe). [10] The 2012 BMW 3 Series (F30) also have these exterior features as well.
The BMW Welt is a combined exhibition, delivery, adventure museum, and event venue located in Munich's district Am Riesenfeld, next to the Olympic Park, in the immediate vicinity of the BMW Headquarters and factory. It was built from August 2003 to summer 2007.
The BMW Headquarters (German: BMW-Vierzylinder, lit. ' BMW four-cylinder '), also known as the BMW Tower (German: BMW-Turm or BMW-Hochhaus), is a high-rise building located in the Am Riesenfeld area of Munich, Germany. The building has served as the global corporate headquarters of German automaker BMW since 1973.