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At this point of your time firm was not sure about its foreseeable future and commenced concentrating on vehicles manufacturing. But in 1959, firm went into financial turmoil, when it confronted personal bankruptcy. In This difficult time, organization located a savior in the confront of Herbert Quandt, who emerged as a strong share holder by taking over the fifty% share of the business. In BMW team’s historical past the turning stage was 1961, when it introduced BMW 1500, which soon acquired BMW manufacturer, the reputation of a great engineering business. Now daily, BMW enjoys the possession of a few high-quality makes, BMW, MINI and Rolls-Royce motor automobiles.

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