Bayerische Motoren Werke AG
(XETRA:BMW.DE)
BMW History :
BMW was founded by Karl Rapp originally as an engine manufacturer, Rapp Motor. adam Motoren Werke GmbH was founded as a successor company to Rapp Motor on July 21, 1917. The Milbertshofen district of Munich was chosen, apparently because it was close to the Gustav Otto Flugmaschinenfabrik site. The blue-and-white roundel BMW logo, which is still used (illustrated above right) alludes to the white and blue checkered flag of Bavaria. It is often said to symbolize a spinning white propeller on a blue-sky background, although this interpretation developed after the logo was already in use.In 1916 the company secured a contract to build V12 engines for Austro-Daimler. Needing extra financing, Rapp gained the support of Camillo Castiglioni, Cornelius Jagdmann and Max Friz, the company was reconstituted as the Bayerische Motoren Werke GmbH. Over-expansion caused difficulties; Rapp left and the company was taken over by the Austrian industrialist Franz Josef Popp in 1917, and named BMW AG in 1918.
BMW on E-Bay : Below is a sampling of BMW for sale on E-Bay
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