German car maker noted for quality sports sedans and motorcycles. Headquarters area unit in Munich. It originated in 1916 as Bayerische Flugzeug-Werke, a builder of craft engines, however, assumed the name Bayerische Motoren Werke in July 1917 and commenced manufacturing motorcycles within the Twenties. So BMW full form is Bayerische Motoren Werke. They entered the automobile business in 1928. The company’s R32 motorcycle set a world speed record that wasn’t broken till 1937. During World War II BMW designed the world’s initial jet airplane engines, utilized by the Luftwaffe, Germany’s air force. When the war the corporate tried to enter into the small-car market however found that it couldn’t contend effectively against Volkswagen’s compact, cheap autos. By 1959 the corporate was on the verge of bankruptcy, and its managers were progressing to sell the firm to Daimler-Benz.
BMW was firmly established as a premium automobile complete by the top of the twentieth century. In an exceedingly failing commit to gain market share as a sport-utility-vehicle company, they purchased the Rover cluster in 1994 however lost roughly $4 billion before commerce the Land Rover complete to Ford in 2000. They saw nice success with the relaunch of Brits mini in 2001, however, and another British complete, Rolls-Royce, became a part of BMW in 2003. Members of the Quandt family continuing to carry a major stake within the company.
Initial product was exhibited in 1922 in Muenchen plant. These souvenirs weren’t supposed purchasable. it absolutely was resulted with the historical exhibition that was organized in 1966 BMW became Associate in Nursing automobile manufacturer in 1929 once it purchased Fahrzeugfabrik Eisenach, After the war, it survived by creating pots, pans, and bicycles till 1948, once it restarted motorbike production. Meanwhile, BMW’s industrial plant in Eisenach fell in the Soviet occupation zone and the Soviets restarted production of pre-war BMW motorcycles and vehicles there. This continuing till 1955, when that they targeting cars supported pre-war DKW designs.
History of BMW:
They signed Associate in nursing agreement in 1999 with Avtotor to provide cars in Kaliningrad, Russia. The industrial plant has been aggregation three and five -series cars.
Starting from Oct 2004, BMWs supposed for the Chinese market area unit created in Shenyang, China. It has established a venture with Chinese manufacturer Brilliance to create BMW three Series and five Series that are changed for the requirements of native markets.
The X3 production is touched to the Spartanburg plant due partly to high production and transportation prices of what was meant to be the “more affordable” SUV. North yank valuation, when aforesaid prices, were nearly on par with the larger, American-built X5.
In 2005, BMW cluster designed a brand new producing facility in Egypt. This plant builds three Series, 5 Series, 7 Series, and X3 vehicles for the African and geographic region markets.
They opened its initial manufactory in Chennai, India in March 2007 to assemble 3-series and 5-series vehicles. The twenty Million Euro plant aims to provide one, 700 cars p.a. in, unveiled on Jan a pair of, 2003, and formally launched at the Detroit car Show on Jan five, 2003. The model, priced around US$330,000, has practiced record sales worldwide of 796 Phantoms sold-out in 2005. Rolls-Royce Motor Cars, its subsidiary producing Rolls-Royces, has since launched the Rolls-Royce Ghost.
So we have learnt about BMW full form above as well as a small history and background about the BMW Company.