Bayerische Motoren Werke AG A language like german for Bavarian Motor Is effective, usually known under the abbreviation BMW, is a German high end vehicles, motorcycle, and engine manufacturing firm 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 within BMW Motorrad, and plug-in electric cars beneath BMW i sub-brand as well as the "iPerformance" model designation in the regular BMW lineup. It is one from the best-selling luxury automakers on the globe. The company is an element of the Euro Stoxx 50 wall street game index.BMW was established as a business entity following a restructuring in the Rapp Motorenwerke aircraft creation firm in 1917. After the end regarding World War I throughout 1918, BMW was forced to cease aircraft-engine production by the terms of the Versailles Armistice Treaty. The company consequently altered to motorcycle production since the restrictions of the treaty started to be lifted in 1923, followed by automobiles throughout 1928-29.The first car which BMW successfully produced as well as the car which launched BMW on the path to automobile production was the Dixi, based on the Austin 7 and licensed on the Austin Motor Company with Birmingham, England.
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BMW's primary significant aircraft engine, and commercial product associated with any sort, was the BMW IIIa inline-six liquid-cooled serp of 1918, known for good energy resource economy and high-altitude effectiveness. With German rearmament within the 1930s, the company again began producing aircraft engines for the Luftwaffe. The factory in Munich made ample usage of forced labour: foreign civilians, prisoners of war and inmates of the concentration camp Dachau. Among its successful Earth War II engine designs were the BMW 132 and also BMW 801 air-cooled radial engines, 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 tested as a prime power plant inside the first prototype of the Messerschmitt Me 262, the Me 262 V1, but in 1942 tests the BMW prototype motors 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 the particular 003 jet, recording an official top speed of 800 km/h (497 mph). The first-ever four-engine jet aircraft ever flown have been the sixth and eighth prototypes from the Arado Ar 234 aircraft reconnaissance-bomber, which used BMW 003 aircraft for power. Through 1944 the 003's consistency improved, making it a suited power plant for atmosphere frame designs competing for the Jägernotprogramm's light fighter manufacturing contract. which was won because of the Heinkel He 162 Spatz pattern. The BMW 003 aviation turbojet was also into consideration as the basic beginning point for a pioneering turboshaft powerplant pertaining to German armored fighting cars in 1944-45, as the GT info. Towards the end from the Third Reich, BMW developed some military aircraft projects to the Luftwaffe, the BMW Strahlbomber, the BMW Schnellbomber and also the BMW Strahljäger, but none of these individuals were built.
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BMW 3-Series (F30)In 1992, BMW acquired a large stake in California-based industrial design studio DesignworksUSA, which they fully received in 1995. In 1994, BMW bought the Uk Rover Group[19] (which back then consisted of the Rover, Land Rover and MG brands and also the rights to defunct brands 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 on the Phoenix Consortium to style MG Rover, while Land Rover was taken over by Ford. BMW, meanwhile, retained the rights to make the new Mini, which was launched inside 2001.
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Fundamental designer Chris Bangle announced his departure from BMW inside February 2009, after serving on the look team for nearly 17 years. He was replaced by simply Adrian van Hooydonk, Bangle's former right-hand person. Bangle was known for his radical designs such as the 2002 7-Series and the 2002 Z4. In July 2007, the production rights pertaining to Husqvarna Motorcycles was purchased by BMW to get a reported 93 million euros. BMW Motorrad plans to stay operating Husqvarna Motorcycles like a separate enterprise. All development, sales and production actions, as well as the latest workforce, have remained in spot at its present location at Varese.In June 2012, BMW was listed as the #1 most reputable company on earth 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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