BMW
The BMW story, short for the Bavarian
Motor Works, began in nineteen thirteen, the original company
named Rapp-Motorenwerke created by a man named Karl Rapp.
It’s humble beginnings come from a former bicycle
factory near Munich with Rapp manufacturing his own aircraft
engines (quite a diverse start for a company that went on
to produce motor cars). Unfortunately the design which Rapp
himself had created was flawed, and as such he then has
to move onto licensed building of Austro-Daimler aircraft
engines.
In 1922 Rapp merged his company with another
in the local vicinity becoming the BMW company that is known
today.
In 1923 BMW diversify into motorcycles
creating a 500cc model designed by Max Friz. Whilst their
motorcycles were successful their aircraft engine production
continued to prove successful with the first intercontinental
flight to Persia being powered by a BMW engine. Nineteen
twenty seven is a real landmark for BMW and the triumph
of their aircraft engines with twenty nine out of the eighty
seven records in aviation set that year coming from BMW
engines.
The first BMW automobile model to be entirely
developed in Munich came in nineteen thirty two with the
twenty horsepower model the BMW 3/20 making a strong name
for the company and it’s new developments in winning
the Concours d'Elegance race.
From their first success in car manufacturing
here, BMW continued from strength to strength to the strong
brand it is today, a more recent milestone being the opening
of its first USA manufacturing plant in Spartanburg, South
Carolina in nineteen ninety two.
Current BMW models on the market
range in valuation from just over fifteen thousand pounds
to just over eighty thousand pounds (brand new, of course).
Car insurance groups are moderate as they range
from ten to nineteen.