Bayerische Motoren Werke AG German for Bavarian Motor Operates, usually known under its abbreviation BMW, is a German extravagance vehicles, motorcycle, and engine manufacturing corporation founded in 1916. Headquartered in Munich, Bavaria, Germany. BMW owns Mini cars and is particularly the parent company associated with Rolls-Royce Motor Cars. BMW produces motorcycles beneath BMW Motorrad, and plug-in electric cars beneath the BMW i sub-brand and the "iPerformance" model designation within the regular BMW lineup. It is one from the best-selling luxury automakers in the world. The company is an element of the Euro Stoxx 50 wall street game index.BMW was established like a business entity following a restructuring on the Rapp Motorenwerke aircraft making firm in 1917. After the end regarding World War I within 1918, BMW was forced to cease aircraft-engine production from the terms of the Versailles Armistice Treaty. The company consequently altered to motorcycle production for the reason that restrictions of the treaty turned lifted in 1923, followed by automobiles within 1928-29.The first car which in turn BMW successfully produced and also the car which launched BMW in relation to automobile production was your Dixi, based on the Austin texas 7 and licensed through the Austin Motor Company inside Birmingham, England.
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BMW's initial significant aircraft engine, and commercial product of any sort, was the BMW IIIa inline-six liquid-cooled engine of 1918, known for good fuel economy and high-altitude efficiency. With German rearmament inside 1930s, the company again commenced producing aircraft engines with the Luftwaffe. The factory in Munich made ample use of forced labour: foreign civilians, prisoners of war and inmates of the concentration camp Dachau. Among its successful Entire world 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 very small, 1944-1945-era jet-powered "emergency fighter", the Heinkel He 162 Spatz. The BMW 003 jet engine was tested as a prime power plant in the first prototype of this Messerschmitt Me 262, the Me 262 V1, but in 1942 testing the BMW prototype motors failed on takeoff using only the standby Junkers Jumo 210 nose-mounted piston engine powering it with a safe landing. [11][12] The few Me 262 A-1b test examples built used the greater developed version of the particular 003 jet, recording an official best speed of 800 km/h (497 mph). The first-ever four-engine fly aircraft ever flown were the sixth and eighth prototypes with the Arado Ar 234 fly reconnaissance-bomber, which used BMW 003 aircraft for power. Through 1944 the 003's consistency improved, making it a suitable power plant for air frame designs competing for the Jägernotprogramm's light fighter manufacturing contract. which was won with the Heinkel He 162 Spatz layout. The BMW 003 aviation turbojet was also in mind as the basic beginning point for a pioneering turboshaft powerplant with regard to German armored fighting automobiles in 1944-45, as the GT tips. Towards the end of 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 were built.
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BMW 3-Series (F30)In 1992, BMW acquired a huge 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 right at that moment consisted of the Rover, Land Rover and MG brands along with the rights to defunct makes including Austin and Morris), and owned it pertaining to six years. By 2000, Rover was incurring massive losses and BMW thought we would sell the combine. The MG and Rover brands were sold on the Phoenix Consortium to kind MG Rover, while Land Rover was taken over by Ford. BMW, meanwhile, retained the rights to build the new Mini, which was launched with 2001.
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Fundamental designer Chris Bangle announced his departure from BMW with February 2009, after serving on the structure team for nearly 17 years. He was replaced by means of Adrian van Hooydonk, Bangle's former right-hand guy. Bangle was known for his radical designs for example the 2002 7-Series and your 2002 Z4. In July 2007, the production rights regarding Husqvarna Motorcycles was purchased by BMW for the reported 93 million euros. BMW Motorrad plans to continue operating Husqvarna Motorcycles as being a separate enterprise. All development, sales and production actions, as well as the latest workforce, have remained in spot at its present place at Varese.In June 2012, BMW was listed because #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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