Looking to experience the thrill of owning a BMW? Auto auctions offer an excellent opportunity to purchase high-quality, branded cars at competitive prices. Dive into the world of BMW and find your dream car from a wide selection of models, all while ensuring top-notch quality and assurance.
BMW, short for Bavarian Motor Works, is a renowned German automobile, motorcycle, and engine manufacturing company founded in 1916. Headquartered in Munich, Bavaria, Germany, BMW also owns the Mini marque and is the parent company of Rolls-Royce Motor Cars. The company produces motorcycles under the BMW Motorrad and Husqvarna brands. In 2020, BMW Group sold over 2.3 million vehicles worldwide, solidifying its position as a leader in the automotive industry (BMW Group).
BMW's journey began with the restructuring of the Rapp Motorenwerke aircraft engine manufacturing firm in 1917. Post World War I, the company shifted its focus to motorcycle production in 1923 and later to automobiles in 1928. The first car that BMW successfully produced was the Dixi, based on the Austin 7 and licensed from the Austin Motor Company in Birmingham, England.
The iconic circular blue and white BMW logo, or roundel, evolved from the Rapp Motorenwerke company logo, combined with the blue and white colors of the Bavarian flag. Contrary to popular belief, the logo's design does not originate from an aircraft propeller, although it was depicted as such in a 1929 advertisement.
BMW's first significant aircraft engine was the BMW IIIa inline-six liquid-cooled engine of 1918, known for its high-altitude performance. During World War II, BMW produced several successful aircraft engines, including the BMW 132 and BMW 801 air-cooled radial engines, and the pioneering BMW 003 axial-flow turbojet.
By 1959, BMW's automotive division faced financial difficulties. A shareholders meeting was held to decide the company's fate, ultimately opting to continue operations. BMW capitalized on the economy car boom by acquiring the rights to manufacture the Italian Iso Isetta, which helped the company regain its footing. The Quandt family became the controlling majority shareholder in 1959, owning about 46% of the stock.
BMW acquired the Hans Glas company in 1966, gaining access to Glas' development of the timing belt with an overhead camshaft. In 1992, BMW acquired a large stake in Designworks USA, a California-based industrial design studio, fully acquiring it in 1995. In 1994, BMW bought the British Rover Group, which included the Rover, Land Rover, and MG brands. However, by 2000, BMW sold Rover and MG due to significant losses, retaining only the rights to build the new Mini, launched in 2001.
BMW offers a diverse range of models, catering to various preferences and needs. Here are some of the popular models available:
Auto auctions provide a unique platform to purchase high-quality BMW cars at competitive prices. Here are some benefits:
Auto auctions offer an excellent opportunity to purchase high-quality BMW cars at competitive prices. With a rich history and a diverse range of models, BMW continues to be a symbol of luxury and performance. Whether you're looking for a compact executive car or a mid-size sedan, BMW has something to offer for every car enthusiast. Explore auto auctions and find your dream BMW today!
Note: All statistics and data are sourced from the official BMW Group website and other reputable sources.
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