Bmw has been granted a sum of capital to test and research technology they have been developing for the last 20 years. BMW the Company celebrated their 100th Anniversary last week and it marks a significant timeline for the company and how far along it has come. The roots of the company originally planted in Germany producing and manufacturing engines suitable for world war 2 planes and machinery, fast forward 100 years later and the company is producing some of the highest rated luxury vehicles on the planet.
Current chairman spoke about future goals for the organization and where it would stand in the coming years, CEO and president spoke openly about these goals stating that volume was not everything and that rival manufacturers like benz and audi are both very strong competitors however BMW has been setting the standard for years.
Grants set fourth by the german government will also allow the manufacturer and auto conglomerate the opportunity to bring fourth pre-developed technologies forward and apply them to new markets.