Bayerische Motoren Werke AG The german language for Bavarian Motor Is effective, usually known under their abbreviation BMW, is a German luxury vehicles, motorcycle, and engine manufacturing organization founded in 1916. Headquartered in Munich, Bavaria, Germany. BMW owns Mini cars and is particularly the parent company of Rolls-Royce Motor Cars. BMW produces motorcycles under BMW Motorrad, and plug-in electric cars beneath the BMW i sub-brand and the "iPerformance" model designation from the regular BMW lineup. It is one on the best-selling luxury automakers in the world. The company is a component of the Euro Stoxx 50 wall street game index.BMW was established as a business entity following a restructuring of the Rapp Motorenwerke aircraft creation firm in 1917. After the end regarding World War I with 1918, BMW was forced in order to cease aircraft-engine production from the terms of the Versailles Armistice Treaty. The company consequently changed to motorcycle production as the restrictions of the treaty started to be lifted in 1923, followed by automobiles with 1928-29.The first car which BMW successfully produced along with the car which launched BMW with respect to automobile production was the Dixi, based on the Austin tx 7 and licensed from the Austin Motor Company with Birmingham, England.
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BMW's first significant aircraft engine, and commercial product connected with any sort, was the BMW IIIa inline-six liquid-cooled powerplant of 1918, known for good fuel economy and high-altitude overall performance. With German rearmament in the 1930s, the company again begun producing aircraft engines for that Luftwaffe. The factory in Munich made ample use of forced labour: foreign civilians, prisoners of war and inmates with the concentration camp Dachau. Among its successful Globe War II engine patterns were the BMW 132 along with BMW 801 air-cooled radial machines, and the pioneering BMW 003 axial-flow turbojet, which powered the teeny, 1944-1945-era jet-powered "emergency fighter", the Heinkel He 162 Spatz. The BMW 003 jet engine was initially tested as a prime power plant within the first prototype of this Messerschmitt Me 262, the Me 262 V1, but in 1942 checks the BMW prototype motors failed on takeoff along with only the standby Junkers Jumo 210 nose-mounted piston engine powering it to your safe landing. [11][12] The few Me 262 A-1b test examples built used a lot more developed version of your 003 jet, recording an official best speed of 800 km/h (497 mph). The first-ever four-engine fly aircraft ever flown ended up the sixth and eighth prototypes with the Arado Ar 234 fly reconnaissance-bomber, which used BMW 003 jets for power. Through 1944 the 003's dependability improved, making it a suited power plant for fresh air frame designs competing for the Jägernotprogramm's light fighter creation contract. which was won by the Heinkel He 162 Spatz design. The BMW 003 aviation turbojet was also in mind as the basic kick off point for a pioneering turboshaft powerplant pertaining to German armored fighting motor vehicles in 1944-45, as the GT tips. Towards the end on the Third Reich, BMW developed some military aircraft projects for that Luftwaffe, the BMW Strahlbomber, the BMW Schnellbomber and the BMW Strahljäger, but none of these people were built.
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BMW 3-Series (F30)In 1992, BMW acquired a significant stake in California-based commercial design studio DesignworksUSA, which they fully obtained in 1995. In 1994, BMW bought the British isles Rover Group[19] (which during the time consisted of the Rover, Land Rover and MG brands along with the rights to defunct manufacturers including Austin and Morris), and owned it intended for six years. By 2000, Rover was incurring large losses and BMW chose to sell the combine. The MG and Rover brands were sold towards the Phoenix Consortium to variety MG Rover, while Land Rover was bought out by Ford. BMW, meanwhile, retained the rights to develop the new Mini, which was launched within 2001.
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Primary designer Chris Bangle announced his departure from BMW with February 2009, after serving on the structure team for nearly seventeen years. He was replaced by simply Adrian van Hooydonk, Bangle's former right-hand guy. Bangle was known with regard to his radical designs such as 2002 7-Series and the 2002 Z4. In July 2007, the production rights regarding Husqvarna Motorcycles was purchased by BMW for any reported 93 million euros. BMW Motorrad plans to carry on operating Husqvarna Motorcycles as a separate enterprise. All development, sales and production pursuits, as well as the latest workforce, have remained in location at its present spot at Varese.In June 2012, BMW was listed as the #1 most reputable company in the world by Forbes.com. Rankings are based upon aspects such as "people's willingness to buy, recommend, work for, and invest in a company is driven 60% by their perceptions of the company and only 40% by their perceptions of their products.".
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