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This company was then renamed to Bayerische Motoren Werke (BMW) in 1922. 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 ...
BMW's origins can be traced back to three separate German companies: Rapp Motorenwerke, Bayerische Flugzeugwerke and Fahrzeugfabrik Eisenach. The history of the name itself begins with Rapp Motorenwerke, an aircraft engine manufacturer which was established in 1913 by Karl Rapp.
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.
Karl Friedrich Rapp (24 September 1882 – 26 May 1962) was a German founder and owner of the Rapp Motorenwerke GmbH in Munich. In time this company became BMW AG. [1] [2] He is acknowledged by BMW AG as an indirect founder of the company.
The BBE aero engine project was a big success under the designation BMW IIIa. In 1922, the company changed its name to Süddeutsche Bremsen-AG after the BMW name and engine-making assets were transferred to Bayerische Flugzeugwerke, which had been known as Otto Flugmaschinenfabrik earlier in its history.
The firm was founded in 1965 by Burkard Bovensiepen (1936–2023), [3] a member of the Bovensiepen family of industrialists. On 10 March 2022, BMW announced its intention to acquire Alpina. [4] That same day, BMW wrote on its website that it had officially acquired the brand. [5]
From the 2002tii of the '70s to today's M440i Gran Coupe, the i's have had it, but not anymore.
On his father's death in 1982 Quandt inherited 17.4% of BMW, [4] the company his father had saved from bankruptcy in 1959. From further purchases he later owned 23.7% of the company. [ 1 ] In 1997, he joined the company's supervisory board.