Alpine and bmw
When good cars go bad, they become ‘Broke Angels’
The BMW 501 was a luxury saloon car manufactured by BMW from 1952 to 1958. Introduced at the first Frankfurt Motor Show in 1951, the 501 was the first motor car to be manufactured and sold by BMW after the Second World War. The 501 and its derivatives, including the V8 powered BMW 502, were nicknamed “Baroque Angels” by the German public. The BMW 502 was the first postwar German car to be manufactured with a V8 engine.
The 501 made an impression on the public with its solid engineering and its extravagance. Its list price of more than fifteen thousand Deutsche Mark was about four times the average salary in Germany at the time. The 501/3 was introduced alongside the 501 V8, which featured a detuned version of the 2.6 litre V8 introduced in the 502 the previous year. The 501/3 and 501 V8 were continued until 1958, when the six cylinder engine and the 501 model designation were discontinued. (Source)