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BMW's origins can be traced back to three separate German companies: Rapp Motorenwerke, Bayerische Flugzeugwerke and Fahrzeugfabrik Eisenach. The history of the name itself begins with Rapp Motorenwerke, an aircraft engine manufacturer which was established in 1913 by Karl Rapp.
Bayerische Motoren Werke AG, trading as BMW Group (commonly abbreviated to BMW (German pronunciation: [ˌbeːʔɛmˈveː] ⓘ), sometimes anglicised as Bavarian Motor Works), is a German multinational manufacturer of luxury vehicles and motorcycles headquartered in Munich, Bavaria, Germany.
Karl Friedrich Rapp (24 September 1882 – 26 May 1962) was a German founder and owner of the Rapp Motorenwerke GmbH in Munich. In time, this company became BMW AG. [1] [2] He is acknowledged by BMW AG as an indirect founder of the company. [3]
Karl Rapp and Julius Auspitzer founded Rapp Motorenwerke GmbH on 27 October 1913 with a capital stock of RM 200,000. The company was established in Milbertshofen on the former site of the Munich branch of Flugwerk Deutschland GmbH, a firm at which Karl Rapp had held a leading position and that had gone into liquidation in the summer of 1913. [4]
In 1933 BMW started to develop bigger cars with 6-cylinder engines. The first car of which was the BMW 303. Later successors were the BMW 315, BMW 319, BMW 327 and the elegant sports coupe BMW 328. In 1942 BMW moved its motorcycle production to Eisenach, freeing up space in Munich for air craft engines. [2]
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In addition to losing customers in its own continent, Germany is likely to lose out in its other export markets to BYD cars, accelerating its movement towards a more import-intensive trading dynamic.
The rise of BMW to one of Bavaria’s and Germany’s big industrial companies began in 1922 under Popp’s management. The product range of BMW AG was expanded and soon it extended beyond engines for the aircraft industry to include motorcycles as broader sections of the population gained access to motorized transport.