The BMW Group (legally, Bayerische Motoren Werke AG , commonly abbreviated to BMW ( German pronunciation: [ˌbeːʔɛmˈveː] ), sometimes anglicized as Bavarian Motor Works ), is a German multinational manufacturer of luxury vehicles and motorcycles headquartered in Munich , Bavaria , Germany. The company was founded in 1916 as a manufacturer of aircraft engines , which it produced from 1917 to 1918 and again from 1933 to 1945 creating engines for aircraft that were used in the Second World War .
81-487: Alt Nation is a Sirius XM Radio station broadcasting alternative rock from the 2000s to the present. It is carried on Sirius XM Radio channel 36 and DISH Network channel 6036. The station hosts the Alt Nation Ping Pong Throwdown, which offers listeners the chance to play table tennis with bands featured on the station. Alt Nation has become increasingly known for breaking new bands into
162-475: A 3–2 vote, determining that it was not a monopoly because of competition on the Internet. The FCC stated, that the merger "is in the public interest" and "will benefit consumers by making available to them a wider array of programming choices at various price points and by affording them greater choice and control over the programming to which they subscribe." The biggest challenge for the newly unified company
243-453: A BMW 7 Series (G11) special edition simply called "The Final V12", the last BMW series production vehicle to be fitted with a V-12 engine. On 5 October 2023 it was announced that BMW UK CEO Chris Brownridge would succeed Torsten Müller-Ötvös as the CEO of Rolls-Royce starting 1 December 2023, as a result of Müller-Ötvös retiring. BMW is an abbreviation for Bayerische Motoren Werke . This name
324-660: A Friend for $ 150 million. In March 2023, SiriusXM announced it would cut 475 employees that amounts to 8% of its workforce. CEO Jennifer Witz cited economic uncertainty and a need to operate with "greater agility and efficiency." By 2023, Liberty Media had become SiriusXM's majority owner with an 83% stake, which it held through the Liberty SiriusXM Group (LSXM) tracking stock . In September 2023, Liberty proposed to spin off LSXM and combine it with SiriusXM. Existing LSXM stockholders such as John Malone would initially hold combined interests of approximately 84% in
405-561: A Petition for Rule Making in which it requested spectrum to offer Compact Disc quality digital audio radio service to be delivered by satellites and complementary radio transmitters. Following the Allocation NPRM, the FCC established a December 15, 1992, cut-off date for applications proposing satellite DARS to be considered in conjunction with CD Radio's application. One such application came from American Mobile Radio Corporation (AMRC),
486-543: A built-in balance shaft, an increased capacity to 1,170 cc (71 cu in) and enhanced performance to 75 kW (101 hp) for the R1200GS , compared to 63 kW (84 hp) of the previous R1150GS . More powerful variants of the oilhead engines are available in the R1100S and R1200S, producing 73 and 91 kW (98 and 122 hp), respectively. In 2004, BMW introduced the new K1200S Sports Bike which marked
567-498: A departure for BMW. It had an engine producing 125 kW (168 hp), derived from the company's work with the Williams F1 team, and is lighter than previous K models. Innovations include electronically adjustable front and rear suspension, and a Hossack-type front fork that BMW calls Duolever. BMW introduced anti-lock brakes on production motorcycles starting in the late 1980s. The generation of anti-lock brakes available on
648-403: A direct, wholly owned subsidiary of Sirius XM Holdings, Inc. The U.S. Federal Communications Commission (FCC) approved the merger of XM Satellite Radio and Sirius Satellite Radio, Inc. on July 29, 2008, 17 months after the companies first proposed it. The merger created a company with 18.5 million subscribers, and the deal was valued at US$ 3.3 billion, not including debt. The proposed merger
729-433: A refreshed user interface of the application on Android and iOS. As of October 2017, SiriusXM is available for streaming via custom apps on a variety of connected devices including Amazon Alexa and Fire TV, Sonos, PlayStation, Roku, and smart TVs. In May 2018, SiriusXM unveiled a new look for both the desktop web player and the mobile apps. The MySXM feature, including all the custom mixes that listeners saved over time,
810-476: A satellite-based digital radio service; this was spun off as XM Satellite Radio Holdings, Inc. in 1998. Its planned financing was complete by July 2000, at which point XM had raised US$ 1.26 billion and secured installation agreements with General Motors , Honda , and Toyota . Initially scheduled for September 12, 2001, XM's service start date was postponed due to the September 11, 2001, terrorist attacks on
891-497: A severance package worth US$ 4.5 million. In November 2009, Parsons resigned as chairman of Sirius XM, receiving a payout of more than US$ 9 million. He was succeeded by Eddy Hartenstein , former publisher and CEO of the Los Angeles Times . In December 2012, Mel Karmazin stepped down as Sirius XM CEO after Liberty Media gained control of 49.5% of the company. James E. Meyer was named interim CEO. On April 30, 2013, he
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#1732780669652972-531: A side-line and automobile manufacture ceased altogether. BMW's factories were heavily bombed during the war and its remaining West German facilities were banned from producing motor vehicles or aircraft after the war. Again, the company survived by making pots, pans, and bicycles. In 1948, BMW restarted motorcycle production. BMW resumed car production in Bavaria in 1952 with the BMW 501 luxury saloon. The range of cars
1053-545: A variety of subscription options. There are more than 100 million cars on the road with SiriusXM radios installed. After trying for four years, on December 21, 2010, SiriusXM received approval from the FCC to add service in Alaska and Hawaii . SiriusXM announced on January 17, 2011, that it would place repeaters in those states and adjust three of its satellites to cover those areas. The move gave SiriusXM coverage in all 50 states. On January 12, 2011, XM Satellite Radio, Inc.
1134-500: Is a futuristic cauldron-shaped building, which was also designed by Karl Schwanzer and opened in 1972. The interior has a spiral theme and the roof is a 40-metre diameter BMW logo. BMW Welt , the company's exhibition space in Munich, was designed by Coop Himmelb(l)au and opened in 2007. It includes a showroom and lifting platforms where a customer's new car is theatrically unveiled to the customer. In 1975, sculptor Alexander Calder
1215-532: Is a primary entry point for the Emergency Alert System . Sirius Satellite Radio was founded by Martine Rothblatt , who served as the new company's chairman of the board. Co-founder David Margolese served as chief executive officer and Robert Briskman served as president and Chief Operating Officer. In 1990, Rothblatt founded Satellite CD Radio in Washington, D.C. The company was
1296-666: Is available to all Sirius XM subscribers. The internet player allows subscribers to customize most stations to their liking by adjusting settings like: familiar/hits or unfamiliar/depth, studio recordings or live performances, and new/recent or old/classic material. These customized stations also allow listeners to play music without DJ interruptions. SiriusXM apps also include an extensive lineup of archived programming on SiriusXM On Demand. On June 17, 2009, Sirius XM released an application for use on Apple 's iPhone and iPod Touch , allowing its subscribers to listen to its programming on those devices. The application did not feature all of
1377-689: Is grammatically incorrect (in German, compound words must not contain spaces), which is why the grammatically correct form of the name, Bayerische Motorenwerke ( German pronunciation: [ˈbaɪʁɪʃə moˈtoːʁənˌvɛʁkə] ) has been used in several publications and advertisements in the past. Bayerische Motorenwerke translates into English as Bavarian Motor Works . The suffix AG, short for Aktiengesellschaft , signifies an incorporated entity owned by shareholders, thus akin to "Inc." (US) or PLC, "Public Limited Company" (UK). The terms Beemer, Bimmer and Bee-em are sometimes used as slang for BMW in
1458-412: Is now known as BMW Motorrad . Their first successful motorcycle after the failed Helios and Flink, was the " R32 " in 1923, though production originally began in 1921. This had a " boxer " twin engine, in which a cylinder projects into the air-flow from each side of the machine. Apart from their single-cylinder models (basically to the same pattern), all their motorcycles used this distinctive layout until
1539-591: The 225xe using a 1.5 L three-cylinder turbocharged petrol engine with an electric motor, the 330e / 530e using a 2.0 L four-cylinder engine with an electric motor, and the 550e / 750e using a 3.0 L six-cylinder engine with an electric motor. Also, crossover and SUV plug-in hybrid models have been released using i technology: X1 xDrive25e , X2 xDrive25e , X3 xDrive30e , and X5 xDrive40e . The BMW M GmbH subsidiary (called BMW Motorsport GmbH until 1993) started making high-performance versions of various BMW models in 1978. As of November 2024 ,
1620-624: The BMW M3 in 1986. Also in 1986, BMW introduced its first V12 engine in the 750i luxury sedan. The 1989 BMW Z1 marked BMW's return to making a two-seat roadster, the 1995 BMW Z3 was their first mass-production two-seat roadster, and the 1999 BMW X5 was the company's first entry into the SUV market. The company purchased the Rover Group in 1994, but the takeover was not successful and caused BMW large financial losses. In 2000, BMW sold off most of
1701-552: The Bush administration for allowing it to go through. After coming close to filing for Chapter 11 bankruptcy protection, only months after the 2008 merger, and having gone so far as to hire lawyers to prepare a possible filing, SiriusXM was able to avoid declaring bankruptcy with the assistance of a US$ 530 million loan from Liberty Media , the media conglomerate founded by John C. Malone in February 2009. Mel Karmazin negotiated
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#17327806696521782-709: The Isle of Man TT . BMW is headquartered in Munich and produces motor vehicles in Germany, the United Kingdom, the Netherlands (ceased in 2023), the United States, Brazil, Mexico, South Africa, India and China. The Quandt family [ de ] is a long-term shareholder of the company, following investments by the brothers Herbert and Harald Quandt in 1959 that saved BMW from bankruptcy , with
1863-481: The K Series , shaft drive but water-cooled and with either three or four cylinders mounted in a straight line from front to back. Shortly after, BMW also started making the chain-driven F and G series with single and parallel twin Rotax engines. In the early 1990s, BMW updated the airhead Boxer engine which became known as the oilhead . In 2002, the oilhead engine had two spark plugs per cylinder. In 2004 it added
1944-644: The World Intellectual Property Organization (WIPO) ’s Madrid Yearly Review ranked BMW's number of marks applications filled under the Madrid System as 2nd in the world, with 124 trademarks applications submitted during 2023. The key trends of the BMW Group are (as at the financial year ending December 31): BMW began production of motorcycle engines and then motorcycles after World War I. Its motorcycle brand
2025-535: The World Trade Center and The Pentagon . XM Satellite Radio's first broadcast was on September 25, 2001, nearly four months before Sirius. Gary Parsons served as chairman of XM Satellite Radio from its inception through the merger, and resigned from the position in November 2009. Hugh Panero served as XM's CEO from 1998 until July 2007, shortly after the merger with Sirius was proposed. Nate Davis
2106-495: The X Series SUVs and crossovers are: The current model line of the Z Series two-door roadsters is the Z4 (model code G29 ). All-electric vehicles and plug-in hybrid vehicles are sold under the BMW i sub-brand. The current model range consists of: In addition, several plug-in hybrid models built on existing platforms have been marketed as iPerformance models. Examples include
2187-468: The 1960s, BMW expanded its range by adding coupé and luxury sedan models. The BMW 5 Series mid-size sedan range was introduced in 1972, followed by the BMW 3 Series compact sedans in 1975, the BMW 6 Series luxury coupés in 1976 and the BMW 7 Series large luxury sedans in 1978. The BMW M division released its first road car, a mid-engine supercar, in 1978. This was followed by the BMW M5 in 1984 and
2268-443: The 2006 and later BMW motorcycles paved the way for the introduction of electronic stability control , or anti-skid technology later in the 2007 model year. BMW has been an innovator in motorcycle suspension design, taking up telescopic front suspension long before most other manufacturers. Then they switched to an Earles fork , front suspension by swinging fork (1955 to 1969). Most modern BMWs are truly rear swingarm, single sided at
2349-591: The BMW, Mini and Rolls-Royce brands, and motorcycles are marketed under the BMW Motorrad brand. Also in 2023, BMW was the world's ninth-largest producer of motor vehicles , with 2,555,341 vehicles produced and in 2023 the 6th largest by revenue. In 2023, the company was ranked 46th in the Forbes Global 2000 . The company has significant motor-sport history, especially in touring cars , sports cars , and
2430-463: The English language and are sometimes used interchangeably for cars and motorcycles. The circular blue and white BMW logo or roundel evolved from the circular Rapp Motorenwerke company logo, which featured a black ring bearing the company name surrounding the company logo, an image of a horse head on a plinth. BMW retained Rapp's black ring inscribed with the company name, but the interior of
2511-456: The FCC would consider other audio entertainment to be competitors and allow the merger to proceed by waiving the rule. After a 57-week review process, the U.S. Justice Department approved the Sirius and XM merger on March 24, 2008, concluding that satellite radio competes with terrestrial radio, online streaming, and mp3 players and tablets. On July 25, 2008, the FCC approved the merger with
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2592-541: The M lineup is: The letter "M" is also often used in the marketing of BMW's regular models, for example the F20 M140i model, the G11 M760Li model and various optional extras called "M Sport", "M Performance" or similar. BMW has a long history of motorsport activities, including: The global BMW Headquarters in Munich represents the cylinder head of a 4-cylinder engine . It was designed by Karl Schwanzer and
2673-564: The Rover brands, retaining only the Mini brand. In 1998, BMW also acquired the rights to the Rolls-Royce brand from Vickers . The first modern mass-produced turbocharged petrol engine was introduced in 2006 (from 1973 to 1975, BMW built 1,672 units of a turbocharged BMW M10 engine for the BMW 02 Series ), with most engines switching over to turbocharging over the 2010s. The first hybrid BMW
2754-469: The SiriusXM merger should not be counted as "Sirius subscribers" for the purposes of Stern's lawsuit. Stern argued the opposite because, among other factors, his popularity had played an integral role in helping Sirius acquire XM. He had been seeking US$ 330 million in stock bonuses. The trial court declared summary judgment in favor of SiriusXM, and a New York appeals court panel concurred, refusing to hear
2835-623: The United States. The company was formed by the 2008 merger of Sirius Satellite Radio and XM Satellite Radio , merging them into SiriusXM Radio. The company also has a 70% equity interest in Sirius XM Canada , an affiliate company that provides Sirius and XM service in Canada. On May 21, 2013, Sirius XM Holdings, Inc. was incorporated, and in January 2020, SiriusXM reorganized their corporate structure, which made Sirius XM Radio Inc .
2916-599: The alternative rock radio scene. For example, the station was the first to play " Pumped Up Kicks " by Foster the People , which went to number one on the Alternative Rock Chart. Sirius XM Radio Sirius XM Holdings Inc. is an American broadcasting corporation headquartered in Midtown Manhattan , New York City , that provides satellite radio and online radio services operating in
2997-522: The app featured over 150 channels. On May 28, 2010, the Sirius XM application for Android smartphones was announced. As of April 2013, the app features over 130 channels. As part of Howard Stern's new five-year contract with SiriusXM, which he signed on December 9, 2010, The Howard Stern Show , which had not previously been made available on mobile devices, would now be a part of Sirius XM's mobile app package. On March 18, 2015, SiriusXM released
3078-565: The back (compare with the regular swinging fork usually, and wrongly, called swinging arm ). Some BMWs started using yet another trademark front suspension design, the Telelever, in the early 1990s. Like the Earles fork, the Telelever significantly reduces dive under braking. BMW Group, on 31 January 2013, announced that Pierer Industrie AG has bought Husqvarna Motorcycles for an undisclosed amount, which will not be revealed by either party in
3159-500: The black outline encircling the rondel. The logo is used for BMW's branding communications but it is not used on vehicles. The slogan 'The Ultimate Driving Machine' was first used in North America in 1974. In 2010, this long-lived campaign was mostly supplanted by a campaign intended to make the brand more approachable and to better appeal to women, 'Joy'. By 2012 BMW had returned to 'The Ultimate Driving Machine'. In 2023,
3240-416: The cable provider's X1, Xfinity Flex, and XClass TV platforms. Following the merger, Sirius XM began offering numerous new options, including à la carte offerings, a family-friendly version, and "mostly music" or "news, sports, and talk" packages, ranging in price from US$ 6.99 to US$ 16.99 per month. Prior to the merger, Sirius offered, for a one-time fee, a lifetime subscription for the radio unit (not
3321-550: The case. In 2017, SiriusXM surpassed 32 million subscribers. On September 24, 2018, SiriusXM announced its intent to acquire Pandora for US$ 3.5 billion. The acquisition was completed on February 1, 2019. On October 19, 2020, SiriusXM announced that it completed the acquisition of Stitcher . In April 2021, SiriusXM acquired 99% Invisible Inc. the company that produces Roman Mars 's 99% Invisible radio show and podcast. In 2022, SiriusXM purchased Conan O'Brien 's digital media assets, including his podcast Conan O'Brien Needs
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3402-402: The customer's lifetime). After the merger, due to changes in bundling policies and contracts, some customers who had purchased lifetime subscriptions had their service reduced or canceled, and were unable to obtain a refund. In 2021, a settlement was reached in "Alvarez v. Sirius XM Radio Inc." regarding customers with these Sirius lifetime subscriptions. All lifetime subscriptions are now for
3483-443: The deal in exchange for a 40% equity stake in SiriusXM. In the fourth quarter of 2009, SiriusXM posted a profit for the first time, with a net income of US$ 14.2 million. This came after net losses of US$ 245.8 million in the year following the merger. The company's resurgence was owed in part to the loan from Liberty Media. Increased automobile sales in the U.S. were also a factor. SiriusXM ended 2009 with 18.8 million subscribers. By
3564-542: The early 1980s. Many BMW's are still produced in this layout, which is designated the R Series . The entire BMW Motorcycle production has, since 1969, been located at the company's Berlin-Spandau factory. During the Second World War, BMW produced the BMW R75 motorcycle with a motor-driven sidecar attached, combined with a lockable differential , this made the vehicle very capable off-road. In 1982, came
3645-400: The end of 2012, SiriusXM's subscriber base had grown to 23.9 million, mostly due to an increase in partnerships with automakers and car dealers; a strong push in the used-car market; and continued improved car sales in the U.S. in general. The renewal of radio show host Howard Stern 's contract through 2015 (US$ 400 million for five years, US$ 100 million less than Stern's previous five-year deal)
3726-452: The end of World War I, BMW remained in business by producing motorcycle engines, agricultural equipment, household items, and railway brakes. The company produced its first motorcycle, the BMW R 32 , in 1923. BMW became an automobile manufacturer in 1928 when it purchased Fahrzeugfabrik Eisenach, which, at the time, built the Austin 7 under licence from Dixi . The first car sold as a BMW
3807-513: The first to petition the FCC to assign unused frequencies for satellite radio broadcast, which "provoked a furor among owners of both large and small [terrestrial] radio stations". In April 1992, Rothblatt resigned as chairman and CEO to start a medical research foundation. Former NASA engineer Briskman, who designed the company's satellite technology, was then appointed chairman and CEO. Six months later, in November 1992, Rogers Wireless co-founder Margolese, who had provided financial backing for
3888-432: The future. The company is headed by Stephan Pierer (CEO of KTM). Pierer Industrie AG is 51% owner of KTM and 100% owner of Husqvarna. In September 2018, BMW unveiled a new self-driving motorcycle with BMW Motorrad with a goal of using the technology to help improve road safety. The design of the bike was inspired by the company's BMW R1200 GS model. The current model lines of BMW cars are: The current model lines of
3969-457: The head of the BMW Group. In January 2021, BMW announced that its sales in 2020 fell by 8.4 percent due to the impact of COVID-19 pandemic restrictions. However, in the fourth quarter of 2020, BMW witnessed a rise of 3.2% in its customers' demands. This recovery was supported by the company's adoption of widely accepted technologies and integration of third-party services such as Apply Pay and on-demand music. On 18 January 2022 BMW announced
4050-426: The industry", the FCC also awarded a license to XM Satellite Radio, which followed Sirius' example. In November 1999, marketing chief Ira Bahr convinced Margolese to again change the name of the company, this time to Sirius Satellite Radio, in order to avoid association with the soon-to-be-outdated CD technology. Having secured installation deals with automakers, including BMW , Chrysler and Ford , Sirius launched
4131-646: The initial phase of its service in four cities on February 14, 2002, expanding to the rest of the contiguous United States on July 1, 2002. In November 2001, Margolese stepped down as CEO, remaining as chairman until November 2003, with Sirius issuing a statement thanking him "for his great vision, leadership and dedication in creating both Sirius and the satellite radio industry". Joe Clayton, former CEO of Global Crossing , followed as CEO from November 2001 until November 2004; stayed on as chairman until July 2008. Mel Karmazin , former president of Viacom , became CEO in November 2004 and remained in that position through
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#17327806696524212-539: The lifetime of the owner, not the radio unit. Subscriptions can be transferred from one radio to another for $ 35. Inactive lifetime subscriptions can be cancelled and owners paid $ 100. On December 4, 2014, Sirius XM Holdings agreed to a US$ 3.8 million settlement with 45 states and the District of Columbia, over a suit initiated by then- Ohio Attorney General Mike DeWine , stemming from the company's billing and service renewal practices. The suit alleged Sirius XM Holdings
4293-404: The logo is based on the image of an airplane propeller spinning in a blue sky. This myth likely stems from a 1929 BMW advertisement that depicted the logo superimposed on a rotating propeller. However, the logo predates that advertisement by 12 years. The current iteration of the logo was introduced in 2020, removing 3D effects that had been used in previous renderings of the logo while removing
4374-499: The merger, until December 2012. The origin of XM Satellite Radio was a Petition for Rulemaking filed at the Federal Communications Commission (FCC) by regulatory attorney and Founder of Satellite CD Radio Martine Rothblatt , to establish frequencies and licensing rules for the world's first-ever Satellite Digital Audio Radio Service (SDARS). On May 18, 1990, Satellite CD Radio, Inc. (SCDR) filed
4455-559: The name was founded by Karl Rapp initially as Rapp Motorenwerke . The name and Rapp Motorenwerke 's engine-production assets were transferred to Bayerische Flugzeugwerke in 1922, who adopted the name the same year. BMW's first product was produced for fighter aircraft of the Luftstreitkräfte . It was a straight-six aircraft engine called the BMW IIIa , designed in the spring of 1917 by engineer Max Friz . Following
4536-411: The new combined company were assured golden parachute severance packages that had been approved in 2007. Former CEO Nate Davis received a severance package worth US$ 10 million. Erik Toppenberg, executive vice president of programming, received a severance package worth US$ 5.34 million. CFO Joseph Euteneuer received a severance package worth US$ 4.9 million. Vernon Irvin , chief marketing officer, received
4617-617: The predecessor company to XM Satellite Radio. XM Satellite Radio was founded by Lon Levin and Gary Parsons. It has its origins in the 1988 formation of the American Mobile Satellite Corporation (AMSC), a consortium of several organizations originally dedicated to satellite broadcasting of telephone, fax, and data signals. In 1992, AMSC established a unit called the American Mobile Radio Corporation, dedicated to developing
4698-589: The programming available to satellite listeners. On March 17, 2011, the application was also made available for the iPad . In 2012, the application was updated for iOS and Android , featuring additional content, and the ability to pause, rewind, and fast-forward through audio streams. On February 4, 2010, the Sirius XM BlackBerry application was announced, for use on BlackBerry smartphones (the Bold , Curve , Storm , and Tour ). As of April 2013,
4779-522: The remaining shares owned by the public . The Otto Flugmaschinenfabrik was founded in 1910 by Gustav Otto in the Kingdom of Bavaria , which was a state of the German Empire . The firm was reorganized on 7 March 1916 into Bayerische Flugzeugwerke AG . This company was then renamed to Bayerische Motoren Werke (BMW) in 1922. However, the name BMW dates back to 1913, when a company to use
4860-481: The restructured company. The proposal is subject to review by a special committee of SiriusXM's independent directors. Following the merger, Sirius CEO Mel Karmazin became CEO of the combined company, and XM chairman Gary Parsons retained his role. XM CEO and co-founder Hugh Panero stepped down in August 2007, shortly after the merger was first announced. XM Satellite Radio executives who were not offered jobs in
4941-440: The ring is quartered blue and white, reminiscent of the coat of arms and flag of Bavaria (which in turn are based on the arms of the historic House of Wittelsbach , which ruled Bavaria for many centuries). The logo does not bear the distinctive lozenge shape found on the coat of arms, however, as local laws at the time it was introduced forbade the use of state coats of arms on commercial logos. A persistent myth claims that
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#17327806696525022-494: The venture, acquired control of the company and succeeded Briskman. Margolese renamed the company CD Radio, and spent the next five years lobbying the FCC to allow satellite radio to be deployed, and the following five years raising US$ 1.6 billion, which was used to build and launch three satellites into elliptical orbit from Kazakhstan in July 2000. In 1997, after Margolese had obtained regulatory clearance and "effectively created
5103-538: Was a rebadged BMW Dixi called the BMW 3/15 , following BMW's acquisition of the car manufacturer Automobilwerk Eisenach. Throughout the 1930s, BMW expanded its range into sports cars and larger luxury cars. Aircraft engines, motorcycles, and automobiles would be BMW's main products until World War II. During the war, BMW concentrated on the BMW 801 aircraft engine using as many as 40,000 slave laborers. These consisted primarily of prisoners from Nazi concentration camps , most prominently Dachau . Motorcycles remained as
5184-594: Was a well-known German industrialist, joined the Nazi party in 1933 and made a fortune arming the German Wehrmacht, manufacturing weapons and batteries. Many of his enterprises were appropriated from Jewish owners under duress with minimal compensation. At least three of his enterprises made extensive use of slave laborers, as many as 50,000 in all. One of his battery factories had its own on-site concentration camp, complete with gallows. Life expectancy for laborers
5265-520: Was adamantly opposed to the merger, calling it a monopoly. Shortly after the Justice Department gave its support to the merger without restrictions, attorneys general from 11 states (Connecticut, Iowa, Maryland, Mississippi, Missouri, Nevada, Ohio, Oklahoma, Rhode Island, Utah, and Washington) urged the FCC to impose restrictions on the merger. Several Congressional Democrats also opposed the merger, calling it anticompetitive and criticizing
5346-448: Was also a factor in the company's steady growth, as Stern's show attracted over 12 million listeners per week. By 2017, SiriusXM penetrated approximately 75% in the new car market. Out of that 75%, approximately 40% of owners become subscribers. SiriusXM is now available in cars from every major car company, as well as in assorted trucks, boats and aircraft. The company offers trial subscriptions to new car owners and then offers customers
5427-549: Was appointed interim CEO until the merger was completed, at which point Sirius CEO Mel Karmazin took over as CEO of the newly merged company, Sirius XM. After three months of serious negotiations, the US$ 13 billion merger between Sirius and XM was officially announced on February 19, 2007. At the time, the nation's only two satellite radio providers reported nearly 14 million combined subscribers (with nearly 8 million belonging to XM), with neither having turned an annual profit. Sirius
5508-511: Was commissioned to paint the BMW 3.0 CSL racing car driven by Hervé Poulain at the 24 Hours of Le Mans, which became the first in the series of BMW Art Cars. Since Calder's work of art, many other renowned artists throughout the world have created BMW Art Cars, including David Hockney , Jenny Holzer , Roy Lichtenstein , Robert Rauschenberg , Frank Stella , and Andy Warhol . To date, a total of 19 BMW Art Cars, based on both racing and regular production vehicles, have been created. BMW sponsors
5589-406: Was completed in 1972. The building has become a European icon and was declared a protected historic building in 1999. The main tower consists of four vertical cylinders standing next to and across from each other. Each cylinder is divided horizontally in its center by a mold in the facade. Notably, these cylinders do not stand on the ground; they are suspended on a central support tower. BMW Museum
5670-615: Was dissolved as a separate entity and merged into SiriusXM Radio, Inc. On April 11, 2011, the Canadian Radio-television and Telecommunications Commission (CRTC) approved the merger of Sirius and XM's Canadian affiliates in Sirius XM Canada . On April 11, 2013, a New York appeals court upheld a New York judge's ruling, from April 2012, that Howard Stern was not entitled to stock bonuses despite SiriusXM having exceeded its subscriber target projections. The trial court ruled that subscribers to XM Satellite Radio from before
5751-1126: Was engaged in "misleading, unfair and deceptive acts or practices in violation of state consumer protection laws", Attorney General DeWine said. SiriusXM is the exclusive home to Howard Stern , with two dedicated Howard Stern channels. SiriusXM's talk, news, and comedy programming features channels from many news outlets, including: BBC , CNBC , FOX News , CNN , MSNBC , Bloomberg , NPR , and C-SPAN . The programming also includes exclusive talk and entertainment channels such as TODAY Show Radio, Business Radio Powered By The Wharton School , Entertainment Weekly Radio, Faction Talk, Radio Andy, Joel Osteen Radio, and comedy from channels including Comedy Central Radio, Comedy Greats, Laugh USA , Raw Dog Comedy and George Carlin 's Carlin's Corner. SiriusXM music programming includes channels dedicated to multiple decades and genres that span rock, pop, country, R&B, hip-hop, electronic dance, jazz and more, and concept-based channels, such as The Coffee House , SiriusXM Chill , Road Trip Radio, and Yacht Rock Radio. BMW The companies automobiles are marketed under
5832-414: Was expanded in 1955, through the production of the cheaper Isetta microcar under licence. Slow sales of luxury cars and small profit margins from microcars, meant BMW was in serious financial trouble and in 1959 the company was nearly taken over by rival Daimler-Benz. A large investment in BMW by Herbert Quandt and Harald Quandt resulted in the company surviving as a separate entity. Günther Quandt ,
5913-680: Was named permanent CEO. Also in April 2013, Liberty Media CEO Greg Maffei was named Sirius XM's chairman, succeeding Hartenstein. In October 2019, Denise Karkos was named Chief Marketing Officer and in November 2019, Alex Luke was named Senior VP of Digital Content for SiriusXM and Pandora. In September 2020, SiriusXM announced that Jennifer Witz will succeed James Meyer as the company's Chief Executive Officer once he retires by December 31, 2020. The company also hired AMC Networks Inc's Sean Sullivan as Chief Financial Officer. In December 2021, Joe Inzerillo, former CTO of Disney Streaming Services ,
5994-495: Was named the Chief Technology Officer of SiriusXM. Sirius XM radio content is available to stream online either as an add-on to existing subscriptions or as an Internet-only option. In August 2011, SiriusXM announced that the company would start offering a personalized interactive online radio experience. MySXM debuted on April 15, 2013, allowing users to fine-tune over 50 existing Sirius XM channels. MySXM
6075-496: Was opposed by those who felt it would create a monopoly . Sirius and XM argued that a merger was the only way that satellite radio could survive. In September 2018, the company agreed to purchase the streaming music service Pandora , and this transaction was completed on February 1, 2019. Since then, SiriusXM has grown to be the largest audio entertainment company in North America. As of July 12, 2022 , SiriusXM had approximately 34 million subscribers. SiriusXM Radio
6156-405: Was removed. SiriusXM claims that they are working on a more personalized feature that will release in the upcoming months. SiriusXM later expanded their internet and mobile platforms by acquiring Pandora in February 2019. In early November 2019, SiriusXM became available to stream on all devices that use Google Assistant . In June 2022, SiriusXM streaming was added to Xfinity customers using
6237-494: Was replaced with 4.6 shares of Sirius stock. Each company's stockholders initially retained approximately 50% of the joined company. At the time of the merger, Sirius' top programming included channels for Howard Stern , and Martha Stewart ; live NBA and NFL games; and live NASCAR races. XM's programming included channels for Willie Nelson , Opie and Anthony , Snoop Dogg , and Oprah Winfrey ; and live Major League Baseball games. The National Association of Broadcasters
6318-726: Was selling more subscriptions with the drop in the number of cars sold annually in the U.S., the subsequent reduced demand for cars equipped with satellite radio, as well as online radio-streaming competition. Conditions of the merger included allowing any third-party company to make satellite radio devices; producing new radios that can receive both XM and Sirius channels within one year; allowing consumers to choose which channels they would like to have; freezing subscription rates for three years; setting aside 8% of its channels for noncommercial programmers; and paying US$ 19.7 million in fines for past rule violations. Sirius and XM began merging their channels on November 12, 2008. Each share of XM stock
6399-622: Was six months. While Quandt and BMW were not directly connected during the war, funds amassed in the Nazi era by his father allowed Herbert Quandt to buy BMW. The relative success of the small BMW 700 assisted in the company's recovery, allowing them to develop the New Class sedans. The 1962 introduction of the BMW New Class compact sedans was the beginning of BMW's reputation as a leading manufacturer of sport-oriented cars. Throughout
6480-560: Was the 2010 BMW ActiveHybrid 7 , and BMW's first mass-production electric car was the BMW i3 city car, which was released in 2013, (from 1968 to 1972, BMW built two battery-electric BMW 1602 Elektro saloons for the 1972 Olympic Games). After many years of establishing a reputation for sporting rear-wheel drive cars, BMW's first front-wheel drive car was the 2014 BMW 2 Series Active Tourer multi-purpose vehicle (MPV) . In March 2018, Daimler and BMW merged their mobility services. In August 2019, Oliver Zipse replaced Harald Krüger as
6561-455: Was valued at US$ 5.2 billion, and XM at US$ 3.75 billion. Each subscription was sold for US$ 12.95 monthly. XM and Sirius executives felt the merger would lower programming costs by eliminating overlapping stations and duplicated marketing costs. According to their original operating licenses, the two companies were not allowed to ever own each other's license. In proceeding with the merger, Sirius CEO Mel Karmazin ignored this rule, gambling that
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