Private limited company business. AOL was set up as an LLC during its ownership by Time Warner from 2001 to 2008. There is a similar setup for BMW's American subsidiary, BMW of North America, LLC. Chrysler has been an LLC since restructuring during the auto industry bailout of 2009, owned by Fiat Chrysler Automobiles N.V.. Private limited company A private limited company is a type of business entity in "private" ownership used in many jurisdictions in contrast to "public" ownership, with some differences from country to country. Examples include "LLC" in the US, "private company limited by shares" in the UK, "GmbH" in
British Aircraft Company British Aircraft Company The British Aircraft Company was a British aircraft manufacturer based in Maidstone. It was founded by C H Lowe-Wylde and produced gliders and light aircraft during the 1930s. B.A.C. Ltd was registered as a Limited Company on 4 March 1931; directors were C H Lowe-Wylde, K Barcham Green and Mrs Sheila M Green. Around this time Lowe-Wylde was developing the principle of launching gliders by towing them using a powerful car. Giving demonstrations around the country, his Bentley, driven by Mrs Green, was able to launch him to a height of 300ft, thus making hill sites and