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Contrary to common perception, BMW's logo was not created to depict a propeller; rather, the colors represented the hues of Bavaria, where the company' | Contrary to common perception, BMW's logo was not created to depict a propeller; rather, the colors represented the hues of Bavaria, where the company' | ||
+ | ===== First Electric Car ===== | ||
+ | BMW produced their first electric vehicle in 1972. While electric automobiles just recently became popular, the first electric car was built in 1828. BMW was ahead of its time when it released its first electric vehicle, the BMW 1602e, in 1972. [([[https:// | ||
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+ | ===== Rover, MINI, And Rolls Royce ===== | ||
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+ | BMW purchased the Rover Group in 1994, which controlled the rights to MINI and other automobile brands. In 1998, BMW acquired Rolls Royce, a premium automobile manufacturer. [([[https:// | ||
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+ | ===== German Headquarters ===== | ||
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+ | BMW's German headquarters was inspired by the company' | ||
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+ | ===== BMW M1 And Lamborghini ===== | ||
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+ | The BMW M1 was almost as fast as a Lamborghini. In the 1970s, BMW formed a partnership with the Italian automotive manufacturer Lamborghini to create a race car. Conflicts ensued, forcing BMW to finish the project on their own. The result is the BMW M-1, the world' | ||
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+ | ===== Mercedes-Benz Takeover Attempt ===== | ||
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+ | In 1959, when BMW was on the edge of bankruptcy, archrival Mercedes Benz sought a hostile acquisition. The effort was blocked by shareholder Herbert Quandt, who subsequently became BMW's CEO. [([[https:// |