Bayerische Motoren Werke AG A language like german for Bavarian Motor Operates, usually known under it is abbreviation BMW, is a German luxurious vehicles, motorcycle, and engine manufacturing company founded in 1916. Headquartered in Munich, Bavaria, Germany. BMW owns Mini cars which is the parent company involving 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 in the regular BMW lineup. It is one on the best-selling luxury automakers on the globe. The company is a factor of the Euro Stoxx 50 wall street game index.BMW was established as a business entity following a restructuring of the Rapp Motorenwerke aircraft making firm in 1917. After the end regarding World War I in 1918, BMW was forced to cease aircraft-engine production from the terms of the Versailles Armistice Treaty. The company consequently shifted to motorcycle production since the restrictions of the treaty started to be lifted in 1923, followed by automobiles within 1928-29.The first car which in turn BMW successfully produced along with the car which launched BMW on the path to automobile production was the Dixi, based on the Austin tx 7 and licensed in the Austin Motor Company with Birmingham, England.
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BMW's primary significant aircraft engine, and commercial product involving any sort, was the BMW IIIa inline-six liquid-cooled serp of 1918, known for good energy economy and high-altitude performance. With German rearmament within the 1930s, the company again started out producing aircraft engines to the Luftwaffe. The factory in Munich made ample by using forced labour: foreign civilians, prisoners of war and inmates with the concentration camp Dachau. Among its successful World War II engine patterns were the BMW 132 as well as BMW 801 air-cooled radial machines, and the pioneering BMW 003 axial-flow turbojet, which powered the 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 your Messerschmitt Me 262, the Me 262 V1, but in 1942 exams the BMW prototype motors failed on takeoff together with only the standby Junkers Jumo 210 nose-mounted piston engine powering it into a safe landing. [11][12] The few Me 262 A-1b test examples built used greater developed version of the actual 003 jet, recording an official prime speed of 800 km/h (497 mph). The first-ever four-engine plane aircraft ever flown were being the sixth and eighth prototypes of the Arado Ar 234 plane reconnaissance-bomber, which used BMW 003 aircraft for power. Through 1944 the 003's trustworthiness improved, making it a suitable power plant for atmosphere frame designs competing for the Jägernotprogramm's light fighter creation contract. which was won from the Heinkel He 162 Spatz style. The BMW 003 aviation turbojet was also under consideration as the basic beginning for a pioneering turboshaft powerplant with regard to German armored fighting autos in 1944-45, as the GT tips. Towards the end from the Third Reich, BMW developed some military aircraft projects with the Luftwaffe, the BMW Strahlbomber, the BMW Schnellbomber plus 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 bought in 1995. In 1994, BMW bought the British Rover Group[19] (which back then consisted of the Rover, Land Rover and MG brands plus the rights to defunct makes including Austin and Morris), and owned it pertaining to six years. By 2000, Rover was incurring big losses and BMW thought i would sell the combine. The MG and Rover brands were sold to the Phoenix Consortium to kind 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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Main designer Chris Bangle announced his departure from BMW in February 2009, after serving on the planning team for nearly over seventeen years. He was replaced by means of Adrian van Hooydonk, Bangle's former right-hand gentleman. Bangle was known with regard to his radical designs such as the 2002 7-Series and the particular 2002 Z4. In July 2007, the production rights regarding Husqvarna Motorcycles was purchased by BMW to get a reported 93 million euros. BMW Motorrad plans to keep operating Husqvarna Motorcycles being a separate enterprise. All development, sales and production pursuits, as well as the actual workforce, have remained in location at its present position at Varese.In June 2012, BMW was listed because the #1 most reputable company on the 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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