The BMW Group is celebrating its independence and the company’s continued success since its restructuring plan was accepted on 30 November, 1960 with a special ceremony at the Theresienhöhe in Munich on 30 November 2010. “Herbert Quandt’s business instinct and his ability to make courageous decisions at that time set a new course for our company and secured BMW’s ability to control its own future,” said Chairman of the Supervisory Board of BMW AG, Prof. Dr. Ing. Joachim Milberg, before the ceremony in Munich.
After rejecting Daimler-Benz’s takeover bid for BMW in 1959 and adopting the rescue plan in November 1960, BMW went on to become an almost unprecedented success story. Since 2004, the BMW Group has been the world’s leading supplier of premium automobiles. Its workforce … CONTINUED
During the recent event in Munich to mark the 50th year anniversary of the Quandt family rescue of BMW, their ascent to becoming the dominant shareholder of BMW, Stefan Quandt renewed a pledge to stay with BMW.
"Lead, dont follow – thats the entrepreneurial calling of BMW." and harks back to the actions of Herbert Quandt, the man who took action to fend off a takeover attempt by Daimler AG. Now his family owns 46 percent of BMW with his children Stefan Quandt and Susanne Klatten on the supervisory board.
Source: Autonews Europe
2011 sees a brace of 5 Series models – the new BMW 5 Series Sedan and the new BMW 5 Series Touring – presented with the coveted iF award for outstanding product design. With this internationally acclaimed prize, the International Forum Design once again pays tribute to the characterful aesthetics of BMW Group Design. Following the 2011 Design Award of the Federal Republic of Germany and the 2010 red dot award, the iF label marks a further chapter in the success story of the new BMW 5 Series range.
Since it was inaugurated in 1953, the iF Product Design Award has been a trademark distinction bestowed on exceptional design. As an internationally recognised “seal of approval”, the iF label honours outstanding design achievements and as such provides … CONTINUED
CNN Money and collector car experts at Hagerty Insurance has compiled a list of the 10 cars it believes may be sought after collectibles in the future. The 335is is the only current BMW to make their list.
More member’s X3 test drive impressions have been posted. Lexxeech attended the 2011 X3 unveiling in Latvia, which was followed by his test drive. He has posted his review, photos, and test drive video.
The 2010 Essen Motor Show is underway in Essen, Germany. It’s the equivalent of America’s SEMA show, but is dominated by German makes, featuring some of the wildest BMWs, Mercedes, Audis, and Porsches. M3post member has shared this huge set of photos.
A group of 18 employees have been caught stealing from the BMW assembly line in Munich, Germany totaling a sum of $4,000,000 in parts. If that
Rarely are older BMWs reviewed in depth, but Autocar recently took some spins in Prodriver’s E30 M3 rally car. Not much sounds better than a classic high revving naturally aspirated BMW motor. Check out the throwback review inside.
Over the past two weekends, E90post and 1addicts members gathered and cruised with their 3-series and 1-series BMWs. Great set of event photos inside.
Japanese tuner 3DDesign has released its new aero kit for the facelifted (LCI) E92 3-series coupe. The new parts include a front lip spoiler, under splitter, rear diffuser, and trunk spoiler.