Bentley brand and the Crewe factory (bought by Volkswagen AG)
1998
$700M
Why
Volkswagen bid ~$568 million (430 million pounds) against BMW's ~$449 million (340 million pounds) for Vickers' car business and on 3 July 1998 took the Bentley brand, the Pyms Lane factory in Crewe and the right to use the Rolls-Royce name until the end of 2002, while BMW licensed the Rolls-Royce marque for cars from 2003.
Impact
Bentley says Volkswagen immediately invested over $1.32 billion (1 billion pounds) in the factory, which produced the W12 engine and the 2003 Continental GT and lifted output from about 1,000 cars a year to more than 10,000.
Outcome
Separated Bentley from Rolls-Royce and made it the Volkswagen Group's luxury brand.