Overview, History, and Structure of BMW Motor Corporation BMW stands for Bavarian Motor working (Bayerische Motoren Werke AG) and it is a well renowned German automobile, motorcycle and engine manufacturing fri cobblers lastship that was founded in 1916. BMW is the pargonnt phoner of other well-known vehicle brands such as the MINI and Rolls Royce. The motorcycle brands that are in like manner part of BMW are BMW Motorrad and Husqyarna. (BMW, Wikipedia 2010) Bayerische Motoren Werke AG (BMW) was originally founded in knock against 7, 1916 below the name of Bayerische Flugzeug clobber (BFW). Originally, the company engineered and fabricated aircraft engines. BFW was the main(prenominal) provider for the German air personnel during World state of war I, but at the end of World War I, BFW was laboured to stop engine yield by the Versailles Armistice treaty. because from this point on, BFW became BMW and began the production of motorcycles in 1923 and automobiles in 19 28-1929. (BMW Group, 2010) BMWs logotype which consists of gloomy and white pies in a circle symbolizes the companies yesteryear of being an airplane engine effectr. The blue signifies the sky where as the white represents a planes propeller. The company proliferated until 1959. At this time, the automotive division of BMW faced monetary difficulties.

The company held a meeting with its shareholders to determine whether to go into evacuation or to distinguish another solution to the business. The company distinct to purchase the rights to manufacture the Italian Iso Isetta in order to uphold them keep the company afloat. The investment was a modera! te advantage and it prevented the company from under going liquidation. The Iso Isetta was slightly modified by using a slightly altered BMW motorcycle engine. (History of BMW, Wikipedia 2010) The success of BMW in 1959 brought in more investors; however, the owner of forty-six per centum of the company since thence is the Quandt Family. The resting percentage is up for public grabs. perpetually since the company came come out of the closet of its...If you want to rifle a full essay, order it on our website:
OrderCustomPaper.comIf you want to get a full essay, visit our page:
write my paper
No comments:
Post a Comment