Bayerische Motoren Werke AG In german for Bavarian Motor Works, usually known under its 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 within BMW Motorrad, and plug-in electric cars beneath BMW i sub-brand along with the "iPerformance" model designation in the regular BMW lineup. It is one in the best-selling luxury automakers on earth. The company is an element of the Euro Stoxx 50 stock trading game index.BMW was established to be a business entity following a restructuring on the Rapp Motorenwerke aircraft manufacturing firm in 1917. After the end involving World War I within 1918, BMW was forced to help cease aircraft-engine production with the terms of the Versailles Armistice Treaty. The company consequently altered to motorcycle production because the restrictions of the treaty began to be lifted in 1923, followed by automobiles throughout 1928-29.The first car which often BMW successfully produced as well as the car which launched BMW on the path to automobile production was the actual Dixi, based on the Austin 7 and licensed in the Austin Motor Company in Birmingham, England.
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BMW's first significant aircraft engine, and commercial product involving any sort, was the BMW IIIa inline-six liquid-cooled serp of 1918, known for good energy resource economy and high-altitude overall performance. With German rearmament in the 1930s, the company again began producing aircraft engines with the Luftwaffe. The factory in Munich made ample by using forced labour: foreign civilians, prisoners of war and inmates on the concentration camp Dachau. Among its successful Earth War II engine designs were the BMW 132 along with BMW 801 air-cooled radial engines, and the pioneering BMW 003 axial-flow turbojet, which powered the little, 1944-1945-era jet-powered "emergency fighter", the Heinkel He 162 Spatz. The BMW 003 jet engine was first tested as a prime power plant inside first prototype of your Messerschmitt Me 262, the Me 262 V1, but in 1942 exams the BMW prototype machines failed on takeoff with only the standby Junkers Jumo 210 nose-mounted piston engine powering it into a safe landing. [11][12] The few Myself 262 A-1b test examples built used the harder developed version of this 003 jet, recording an official best speed of 800 km/h (497 mph). The first-ever four-engine jet aircraft ever flown had been the sixth and eighth prototypes with the Arado Ar 234 aircraft reconnaissance-bomber, which used BMW 003 aircraft for power. Through 1944 the 003's reliability improved, making it a suited power plant for oxygen frame designs competing for the Jägernotprogramm's light fighter generation contract. which was won from the Heinkel He 162 Spatz pattern. The BMW 003 aviation turbojet was also into consideration as the basic kick off point for a pioneering turboshaft powerplant for German armored fighting vehicles in 1944-45, as the GT info. Towards the end on the Third Reich, BMW developed some military aircraft projects to the Luftwaffe, the BMW Strahlbomber, the BMW Schnellbomber as well as the BMW Strahljäger, but none of these individuals were built.
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BMW 3-Series (F30)In 1992, BMW acquired a big stake in California-based professional design studio DesignworksUSA, which they fully purchased in 1995. In 1994, BMW bought the English Rover Group[19] (which during the time consisted of the Rover, Land Rover and MG brands as well as the rights to defunct manufacturers including Austin and Morris), and owned it pertaining to six years. By 2000, Rover was incurring massive losses and BMW thought i would sell the combine. The MG and Rover brands were sold to the Phoenix Consortium to style MG Rover, while Land Rover was bought out by Ford. BMW, meanwhile, retained the rights to make the new Mini, which was launched in 2001.
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Primary designer Chris Bangle reported his departure from BMW within February 2009, after serving on the look team for nearly over seventeen years. He was replaced simply by Adrian van Hooydonk, Bangle's former right-hand gentleman. Bangle was known intended for his radical designs such as 2002 7-Series and your 2002 Z4. In July 2007, the production rights pertaining to Husqvarna Motorcycles was purchased by BMW for a reported 93 million pounds. BMW Motorrad plans to carry on operating Husqvarna Motorcycles being a separate enterprise. All development, sales and production pursuits, as well as the latest workforce, have remained in area at its present spot at Varese.In June 2012, BMW was listed because the #1 most reputable company on this planet 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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