Bayerische Motoren Werke AG A language like german for Bavarian Motor Is effective, usually known under its abbreviation BMW, is a German high-class vehicles, motorcycle, and engine manufacturing business founded in 1916. Headquartered in Munich, Bavaria, Germany. BMW owns Mini cars and is particularly the parent company connected 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 from the regular BMW lineup. It is one in the best-selling luxury automakers on the globe. The company is an element of the Euro Stoxx 50 stock exchange index.BMW was established as being a business entity following a restructuring from the Rapp Motorenwerke aircraft creation firm in 1917. After the end associated with World War I throughout 1918, BMW was forced to help cease aircraft-engine production by the terms of the Versailles Armistice Treaty. The company consequently shifted to motorcycle production because the restrictions of the treaty turned lifted in 1923, followed by automobiles with 1928-29.The first car that BMW successfully produced as well as the car which launched BMW in relation to automobile production was this Dixi, based on the Austin tx 7 and licensed through the Austin Motor Company within Birmingham, England.
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BMW's primary significant aircraft engine, and commercial product regarding any sort, was the BMW IIIa inline-six liquid-cooled motor of 1918, known for good energy economy and high-altitude performance. With German rearmament from the 1930s, the company again begun producing aircraft engines to the Luftwaffe. The factory in Munich made ample use of forced labour: foreign civilians, prisoners of war and inmates with the concentration camp Dachau. Among its successful Globe War II engine designs were the BMW 132 along with BMW 801 air-cooled radial applications, 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 first tested as a prime power plant within the first prototype of the actual Messerschmitt Me 262, the Me 262 V1, but in 1942 checks the BMW prototype engines 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 major speed of 800 km/h (497 mph). The first-ever four-engine airliner aircraft ever flown were being the sixth and eighth prototypes on the Arado Ar 234 fly reconnaissance-bomber, which used BMW 003 aircraft for power. Through 1944 the 003's consistency improved, making it a appropriate power plant for air frame designs competing for that Jägernotprogramm's light fighter manufacturing contract. which was won through the Heinkel He 162 Spatz design. The BMW 003 aviation turbojet was also under consideration as the basic starting 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 for that Luftwaffe, the BMW Strahlbomber, the BMW Schnellbomber plus the BMW Strahljäger, but none of these individuals were built.
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BMW 3-Series (F30)In 1992, BMW acquired a substantial stake in California-based professional design studio DesignworksUSA, which they fully bought in 1995. In 1994, BMW bought the Uk Rover Group[19] (which right at that moment consisted of the Rover, Land Rover and MG brands and also the rights to defunct makes including Austin and Morris), and owned it with regard to six years. By 2000, Rover was incurring enormous losses and BMW decided to sell the combine. The MG and Rover brands were sold towards 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 in 2001.
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Key designer Chris Bangle introduced his departure from BMW with February 2009, after serving on the planning team for nearly 19 years. He was replaced simply by Adrian van Hooydonk, Bangle's former right-hand male. Bangle was known with regard to his radical designs like the 2002 7-Series and the actual 2002 Z4. In July 2007, the production rights intended for Husqvarna Motorcycles was purchased by BMW for a reported 93 million euros. BMW Motorrad plans to remain operating Husqvarna Motorcycles like a separate enterprise. All development, sales and production pursuits, as well as the current workforce, have remained in location at its present position 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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