High Quality Content by WIKIPEDIA articles! 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.