BMW
 
The origins of BMW trace back to 1913, 1932 was the year the BMW AM 4 (Ausfuhrung Munchen 4 Gange - Munich Version 4 Speeds) - a.k.a. BMW's first "real" car - went into production. The AM 4, also called the 3/20 PS, was the successor to the Dixi and the first production car to be built entirely in-house by BMW. The powerplant was a 782cc 4 cylinder unit which featured suspended valves and a double chain driving the camshafts, producing 20 horsepower at 3500 rpm and providing the saloon with a 50 mph top speed.

1933 saw the introduction of the 303 saloon and the first BMW inline-six cylinder power unit, a configuration that remains BMW's typical choice even in contemporary cars. In 1936, the BMW 328 was introduced. It was the most popular and remains BMW's most famous pre-war sports car, the successor to the 315/1 (1934-36). The 328 was built mainly for motor sport, where it proved itself successful by winning the Mille Miglia in Italy in its class in 1938, but quickly became a popular road car as well. Using a 1971cc inline-6 cylinder engine with three carburettors that produced a healthy 80 horsepower at 5000 rpm, the 328 could reach a maximum speed of 93 mph (150 km/h). 462 units of this classic were produced in total.
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1935 saw BMW entering the record books again, this time on two wheels. Riding a streamlined 500cc compressor machine developing 108 hp and an amazing power-to-weigh ratio (282 lb curb weight), Ernst Henne set a world speed record for motorcycles of 173.7 mph (279.5 km/h) in 1937. It stood for nearly two decades.

In 1955, the Isetta 250 was launched and participated very successfully in the mini-car era of the 1950's.
In 1990 BMW re-entered the aircraft engine manufacturing business after forming BMW Rolls-Royce GmbH jointly with Rolls Royce. In 1998, after extended talks concerning the sale of Rolls Royce, BMW officially bought the rights to the Rolls Royce name and logo from Volkswagen, with the transition expected to take place in 2003. 1994 brought about another purchase, as BMW acquired the Rover Group PLC. After heavy losses, the company was finally sold in 2000, with Rover being split up from Land Rover which was purchased by Ford. BMW held the rights to the new Mini and the hot-hatch goes on sale in early 2002.

Today, the Z3, Z8 and all of the 3, 5, 7 and Motorsport series models continue the BMW tradition of building excellent automobiles with a special emphasis on performance, style and technological advancements. 1992 was another great year for BMW when it, for the first time, outsold Mercedes in Europe. Hopefully in the future the rivalry between these and other makes will persist and companies such as BMW will continue to build great cars.