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bmw
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BMW GmbH goes public
Bmw GmbH goes public -
assets
On 13 August 1918 BMW AG was entered as a new company in the Commercial Register and took over from BMW GmbH all its manufacturing assets, order book and workforce -
12 million invested
12 November 1918. The share capital of BMW AG amounting to 12 million reichsmarks was subscribed by three groups of investors. One third of the shares was taken up in equal parts by the Bayerische Bank -
Bad econime
he end of the war in November 1918 had a huge impact on the entire German aircraft industry. Since 1914 the military had been placing lucrative orders with aircraft and aero-engine firms. But now, military demand collapsed completely. However, civil aviation was still in its infancy, and no substitute business could be expected from that quarter. The end of the war hit BMW particularly hard, since the BMW IIIa aero-engine was the only product the company was building in 1918. And suddenly there -
air craft engine with russia
The aircraft engine business with Russia secured BMW's success in the 1920 -
R32 motorcycle
At the German Motor Show in Berlin (September 28 – October 7, 1923) BMW exhibited the R32 to the public for the first time. The first motorcycle from BMW convinced the experts immediately, and was an instantly popular product with consumers. A comment in the magazine DER MOTORWAGEN read: "And finally, the culmination of the exhibition, the new BMW motorcycle (494 cc) with the cylinders arranged transversely. Despite its youth it is a remarkably fast and successful motorcycle. -
BMW designs its own cars
BMW designs its own cars -
WW II
The German invasion of Poland and commencement of hostilities meant that manufacturing facilities in Germany were directed by the Nazi regime to re-focus on the manufacture of products required to support the war effort. For BMW, that meant an emphasis on production of aero (airplane) engines. Josef Popp argued against this, contending that, although financially lucrative, the change in focus would mean that the BMW AG would be heavily dependent on decisions made by the Nazi regime. In June 1940 -
one more crisis for bmw
After ww2 the company had been bombed by u.s. and brittish bombers, the factory was almost totally ditroyed -
Third crisis for BMW AG – a company for sale
In 1959, after BMW had survived takeover attempts made by American Motors and the Rootes Group, the chairman of BMW's supervisory board suggested a merger with Daimler-Benz. The dealers and small shareholders opposed this suggestion and rallied around a counter-proposal, which gained enough support to stop the merger. At that time, the Quandt Group, led by half-brothers Herbert and Harald Quandt, stepson of the Third Reich Minister of Propaganda Joseph Goebbels, had recently increased their hold -
Production outside Germany
BMW's Rosslyn, South Africa, plant was the first BMW assembly line established outside Germany, with production starting in 1973.[23] The wholly owned subsidiary now exports over 70% of its output -
Rolls-Royce
in 1998, both BMW and Volkswagen tried to purchase Rolls-Royce Motors. Volkswagen outbid BMW and bought the company for £430 million,but BMW outflanked its German rival. Although Volkswagen had bought rights to the "Spirit of Ecstasy" mascot and the shape of the radiator grille, it lacked rights to the Rolls-Royce name. Rolls-Royce plc (the aero-engine business) retained the rights over the Rolls-Royce trademark and wished to strengthen its existing business partnership with BMW which extended t
