Bayerische Motoren Werke AG German born for Bavarian Motor Performs, usually known under it's abbreviation BMW, is a German luxurious vehicles, motorcycle, and engine manufacturing firm founded in 1916. Headquartered in Munich, Bavaria, Germany. BMW owns Mini cars and is the parent company associated with Rolls-Royce Motor Cars. BMW produces motorcycles underneath BMW Motorrad, and plug-in electric cars beneath BMW i sub-brand and the "iPerformance" model designation inside regular BMW lineup. It is one with the best-selling luxury automakers on the planet. The company is a factor of the Euro Stoxx 50 stock exchange index.BMW was established as being a business entity following a restructuring from the Rapp Motorenwerke aircraft manufacturing firm in 1917. After the end connected with World War I in 1918, BMW was forced for you to cease aircraft-engine production because of the terms of the Versailles Armistice Treaty. The company consequently altered to motorcycle production because restrictions of the treaty started to be lifted in 1923, followed by automobiles with 1928-29.The first car which usually BMW successfully produced along with the car which launched BMW in relation to automobile production was the Dixi, based on the Austin 7 and licensed through the Austin Motor Company with Birmingham, England.
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BMW's first significant aircraft engine, and commercial product regarding any sort, was the BMW IIIa inline-six liquid-cooled serp of 1918, known for good gas economy and high-altitude functionality. With German rearmament in the 1930s, the company again started producing aircraft engines for that Luftwaffe. The factory in Munich made ample utilization of forced labour: foreign civilians, prisoners of war and inmates on the concentration camp Dachau. Among its successful Planet War II engine types were the BMW 132 and BMW 801 air-cooled radial motors, 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 from the first prototype of the actual Messerschmitt Me 262, the Me 262 V1, but in 1942 checks the BMW prototype machines failed on takeoff using 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 more developed version of this 003 jet, recording an official major speed of 800 km/h (497 mph). The first-ever four-engine jet aircraft ever flown were being the sixth and eighth prototypes of the Arado Ar 234 fly reconnaissance-bomber, which used BMW 003 jets for power. Through 1944 the 003's reliability improved, making it a acceptable power plant for oxygen frame designs competing for your Jägernotprogramm's light fighter generation contract. which was won by the Heinkel He 162 Spatz layout. The BMW 003 aviation turbojet was also involved as the basic beginning point for a pioneering turboshaft powerplant intended for German armored fighting vehicles in 1944-45, as the GT 101. Towards the end from 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 business design studio DesignworksUSA, which they fully purchased in 1995. In 1994, BMW bought the British Rover Group[19] (which back then consisted of the Rover, Land Rover and MG brands as well as the rights to defunct makes including Austin and Morris), and owned it intended for six years. By 2000, Rover was incurring large losses and BMW made a decision to sell the combine. The MG and Rover brands were sold on the Phoenix Consortium to style MG Rover, while Land Rover was taken over by Ford. BMW, meanwhile, retained the rights to construct the new Mini, which was launched within 2001.
BMW39;s i8. Photo: BMW.
Primary designer Chris Bangle reported his departure from BMW inside February 2009, after serving on the planning team for nearly over seventeen years. He was replaced through Adrian van Hooydonk, Bangle's former right-hand person. Bangle was known with regard to his radical designs for example the 2002 7-Series and your 2002 Z4. In July 2007, the production rights with regard to Husqvarna Motorcycles was purchased by BMW for any reported 93 million euros. BMW Motorrad plans to keep operating Husqvarna Motorcycles to be a separate enterprise. All development, sales and production activities, as well as the actual workforce, have remained in location at its present position at Varese.In June 2012, BMW was listed since 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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