BMW M5

M5

By : Ambo Dalle

Karl Friedrich Rapp is the name of the founder of BMW - one of the biggest world wide car manufacturing companies. However Victoria was not built by BMW but by another company in Nuremberg. Soon after that BMW added one new innovation - the driveshaft. Because of the high need of engines BMW note that period as highly profitable. BMW even made researches which enabled the company to make different jet engines for weapons. In 1959 Herbert Quandt became the "wheel" which turned the BMW around because he denied a deal with Daimler-Benz and soon after that he increased his share in the BMW Company up to 50%.

The name of Kurt Golda is stated as the man who incited Quandt to do this step and in the same year BMW began production of the BMW 700 which was based on the BMW 600. In 1963 BMW offered dividends to the shareholders of the company and in 1966 the factory in Munich reached its maximum capacity and BMW bought Hans Glas GmbH. This deal enabled BMW to use factories in Landshut and Dingolfing.

However the Rover was sold to Phoenix Venture Holdings and Ford Motor Company because of some years of losses for BMW. BMW began production outside of Germany in 1994. New factories were made in South Carolina and even today the manufacturing of BMW X5 and BMW Z4 is made there. After some time of assembly BMW began production in South Africa.

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