Guess That Car game - By Clues Only

:bangin: Clue #2 folks. That eliminates >90% of all cars and all your guesses. No idea myself yet.
 
BMW 507?
bmw_507_01.jpg
 
Ok here goes

1. This was the first car designed by its manufacturer.
2. The car was developed in conjunction with the company's first engine but the engine was not released for many years after the car.
 
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