Bayerische Motoren Werke AG In german for Bavarian Motor Is effective, usually known under it's abbreviation BMW, is a German extravagance vehicles, motorcycle, and engine manufacturing company 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 beneath BMW Motorrad, and plug-in electric cars beneath the BMW i sub-brand along with the "iPerformance" model designation from the regular BMW lineup. It is one of the best-selling luxury automakers on the planet. 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 with the Rapp Motorenwerke aircraft production firm in 1917. After the end involving World War I inside 1918, BMW was forced to help cease aircraft-engine production through the terms of the Versailles Armistice Treaty. The company consequently shifted to motorcycle production because restrictions of the treaty started to be lifted in 1923, followed by automobiles in 1928-29.The first car which often BMW successfully produced along with the car which launched BMW on the path to automobile production was this Dixi, based on the Austin 7 and licensed through the Austin Motor Company in Birmingham, England.
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BMW's initial significant aircraft engine, and commercial product involving any sort, was the BMW IIIa inline-six liquid-cooled motor of 1918, known for good fuel economy and high-altitude effectiveness. With German rearmament from the 1930s, the company again commenced producing aircraft engines with the Luftwaffe. The factory in Munich made ample by using forced labour: foreign civilians, prisoners of war and inmates in the concentration camp Dachau. Among its successful Earth War II engine designs were the BMW 132 and also BMW 801 air-cooled radial motors, and the pioneering BMW 003 axial-flow turbojet, which powered the tiny, 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 particular Messerschmitt Me 262, the Me 262 V1, but in 1942 checks the BMW prototype machines failed on takeoff with only the standby Junkers Jumo 210 nose-mounted piston engine powering it to your safe landing. [11][12] The few Us 262 A-1b test examples built used a lot more developed version of your 003 jet, recording an official leading speed of 800 km/h (497 mph). The first-ever four-engine aircraft aircraft ever flown ended up the sixth and eighth prototypes of the Arado Ar 234 plane reconnaissance-bomber, which used BMW 003 jets for power. Through 1944 the 003's dependability improved, making it a suitable power plant for air flow frame designs competing with the Jägernotprogramm's light fighter manufacturing contract. which was won with the Heinkel He 162 Spatz pattern. The BMW 003 aviation turbojet was also under consideration as the basic kick off point for a pioneering turboshaft powerplant pertaining to German armored fighting vehicles 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 plus the BMW Strahljäger, but none of them were built.
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BMW 3-Series (F30)In 1992, BMW acquired a big stake in California-based manufacturing design studio DesignworksUSA, which they fully bought in 1995. In 1994, BMW bought the United kingdom Rover Group[19] (which at that time consisted of the Rover, Land Rover and MG brands along with the rights to defunct brand names including Austin and Morris), and owned it with regard to six years. By 2000, Rover was incurring large losses and BMW decided to sell the combine. The MG and Rover brands were sold for the Phoenix Consortium to form MG Rover, while Land Rover was absorbed by Ford. BMW, meanwhile, retained the rights to make the new Mini, which was launched in 2001.
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Chief designer Chris Bangle reported his departure from BMW inside February 2009, after serving on the structure team for nearly 17 years. He was replaced simply by Adrian van Hooydonk, Bangle's former right-hand person. Bangle was known pertaining to his radical designs such as the 2002 7-Series and this 2002 Z4. In July 2007, the production rights for Husqvarna Motorcycles was purchased by BMW for a reported 93 million euros. BMW Motorrad plans to keep operating Husqvarna Motorcycles as a separate enterprise. All development, sales and production routines, as well as the existing workforce, have remained in spot at its present place at Varese.In June 2012, BMW was listed since 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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