Company heads conveyed deep remorse for its part in facilitating the Third Reich's grip on Germany.
The German auto maufacturer BMW used its 100 year celebration on Monday in Munich as a platform to apologize for its involvement in the Nazi regime on Monday.
The company heads conveyed deep remorse for the part the company played in facilitating the Third Reich's grip and expressed its decision to proactively confront this "dark chapter of its past," the Mail Online reported.
"To this day, the enormous suffering this caused and the fate of many forced laborers remains a matter of the most profound regret," the company stated.
During the Nazi stranglehold of Germany in the 1930s and 1940s, the auto magnate functioned as the regime's military supplier and forcibly retained some 50,000 forced laborers and concentration camp prisoners, the Mail report noted.
BMW manipulated political pathways in the National Socialist Party in order to secure highly profitable bids to manufacture weapons, ammunition, artillery as well as U-boat batteries.
Gabriele Quandt, grandson of BMW patriarch Guenther Quandt, expressed his responsibility to face the crimes his family had committed in the past after a German historian Joachim Scholtyseck compiled a detailed study enumerating the degree to which the Quandt Family was involved in Nazi transgressions.
Scholtyseck concluded that the Quandts were inextricably linked to the crimes of the Nazis, nothing that "the family patriarch was part of the regime," Mail Online reported.
The apology took place at BMW's Munich Olympic Hall that attracted more than 2,000 guests.