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Bayerische Motoren Werke, commonly known as BMW, is a German automotive company that has become one of the world's leading manufacturers of luxury vehicles. The company has a long and storied history that dates back to the early 20th century and encompasses everything from airplane engines to high-performance sports cars.
The company was founded in 1916 as Bayerische Flugzeugwerke, a manufacturer of airplane engines based in Munich, Germany. The company quickly established a reputation for innovation and quality, and its engines were widely used by the German military during World War I.
After the war, the Treaty of Versailles prohibited Germany from producing aircraft or aircraft engines, so the company shifted its focus to other products. In 1923, the company was renamed Bayerische Motoren Werke, and it began producing motorcycles, which quickly became popular throughout Europe.
In the 1930s, BMW returned to producing aircraft engines, as the German government began to prepare for war. The company's engines were used in some of the most famous planes of the era, including the Messerschmitt Bf 109 fighter and the Focke-Wulf Fw 190.
During World War II, BMW's factories were heavily damaged by Allied bombing, and production ground to a halt. After the war, the company was prohibited from producing aircraft engines, and it was forced to rebuild and diversify its operations.
In the 1950s, BMW began producing automobiles, starting with the BMW 501, a luxury sedan that was designed to compete with other high-end European cars. The company also continued to produce motorcycles, which remained popular with riders around the world.
In the 1960s and 1970s, BMW became known for its high-performance sports cars, starting with the BMW 2002, a compact coupe that was designed for both racing and everyday driving. The company also introduced the BMW 3 Series, a compact executive car that quickly became one of the most popular models in the company's lineup.
In the 1980s, BMW continued to innovate and develop new models, including the BMW 5 Series and the BMW 7 Series, which were designed to appeal to different segments of the market. The company also introduced the BMW M3, a high-performance version of the 3 Series that became a legend among car enthusiasts.
In the 1990s, BMW faced new challenges as the global automotive market became more competitive and saturated. The company responded by investing in new technologies and expanding its product lineup, introducing new models like the BMW Z3 roadster and the BMW X5, a luxury SUV that was one of the first of its kind.
In the 2000s, BMW continued to expand and diversify, introducing new models like the BMW 1 Series and the BMW X3. The company also invested heavily in new technologies, including hybrid powertrains and electric vehicles, and it introduced the BMW i3, a fully electric vehicle that was designed to appeal to eco-conscious consumers.
In recent years, BMW has continued to focus on innovation and technology, introducing new models like the BMW X7, a large luxury SUV, and the BMW 8 Series, a high-performance coupe. The company has also invested heavily in new technologies like autonomous driving systems and artificial intelligence, and it has established partnerships with other companies in the automotive and tech industries.
Today, BMW is one of the world's leading manufacturers of luxury vehicles, with a reputation for innovation, quality, and performance. The company remains committed to developing new technologies and expanding its product lineup, and it continues to produce some of the most sought-after cars and motorcycles in the world.
Other options for vehicle financing and refinancing:

Dealerhop: Connect with a fulfillment partner for financing, trading in, or selling your vehicle. Secure online financing for your upcoming car and have it conveniently delivered to your doorstep. Alternatively, you can schedule an in-store appointment.
Interest Rate: 6.99% - 29.99%
Loan Amount: $7,000 - No max
Loan Term: 12 - 96 months
Min. Credit Score: 300

Car Refinancing: Carrefinancing.ca offers the easiest way to refinance your car in Canada. Reduce your payments with decreased interest rates. Plus, you can postpone Payments for 6 Months and Receive Cash Back!
Interest Rate: 6.99% - 29.99%
Loan Amount: $500 - $100,000
Loan Term: 12 - 96 months
Min. Credit Score: 300