History of BMW- The RISE! http://www.autosmithcar.com/

Between 1994 and 2001, under the leadership of Bernd Pischetsrieder, BMW owned the British Rover Group, having bought it from British Aerospace. This brought the active RoverMini and Land Rover brands as well as rights to many dormant marques such as AustinMorrisRileyTriumph and Wolseley under BMW ownership.
The venture was not successful. Already struggling after years of industrial disputes, Rover had a poor reputation but in trying to improve its image it would become a rival to the BMW market segment. BMW found it difficult to reposition the English automaker alongside its own products and the Rover division was faced with endless changes in its marketing strategy. In the six years under BMW, Rover was positioned as a premium automaker, a mass-market automaker, a division of BMW and an independent unit. A five-part BBC documentary, When Rover Met BMW (1996), gave some insight into the difficulties faced by the two firms.[83]
It is possible that some development work on the Rover R30 model may have eventually benefitted the BMW 1 Series.
BMW signed an agreement in 1999 with Avtotor to produce cars in KaliningradRussia. The Factory has been assembling 3 and 5 -series cars.[86]
Starting from October 2004, BMWs intended for the Chinese market are produced in ShenyangChina.[87] BMW has established a joint venture with Chinese manufacturer Brilliance to build BMW 3 Series and 5 Series that have been modified for the needs of local markets.
The BMW X3 was manufactured in GrazAustria between 2004 and 2007 by Magna Steyr with mainly German components. The X3 production will be moved to the Spartanburg plant due in part to high production and transportation costs of what was meant to be the "more affordable" SUV. North American pricing, after said costs, were nearly on par with the larger, American-built X5.[88]
In 2005, BMW Group built a new manufacturing facility in Egypt. This plant builds 3 Series, 5 Series, 7 Series, and X3 vehicles for the African and Middle East markets.
BMW opened its first assembly plant in ChennaiIndia in March 2007 to assemble 3-series and 5-series vehicles. The 20 Million Euro plant aims to produce 1,700 cars per year in, unveiled on January 2, 2003, and officially launched at the Detroit Auto Show on January 5, 2003. The model, priced around US$330,000, has experienced record sales worldwide of 796 Phantoms sold in 2005. Rolls-Royce Motor Cars, BMW's subsidiary manufacturing Rolls-Royces, has since launched the Rolls-Royce Ghost.

Once again thanks for reading and stay tuned for the next piece of history on exotic cars!

Comments

Popular posts from this blog

History Of Aston Martin- Our Founder and his bike...-http://www.autosmithcar.com/

History of Lotus- A Bit Much?...- http://www.autosmithcar.com/

History Of Lotus- The Race Team's History...-http://www.autosmithcar.com/