Bayerische Motoren Werke AG German born for Bavarian Motor Works, usually known under it's 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 the parent company connected with Rolls-Royce Motor Cars. BMW produces motorcycles beneath BMW Motorrad, and plug-in electric cars under the BMW i sub-brand along with the "iPerformance" model designation inside regular BMW lineup. It is one with the best-selling luxury automakers in the world. The company is an element of the Euro Stoxx 50 stock market index.BMW was established being a business entity following a restructuring with the Rapp Motorenwerke aircraft production firm in 1917. After the end associated with World War I throughout 1918, BMW was forced to cease aircraft-engine production with the terms of the Versailles Armistice Treaty. The company consequently changed to motorcycle production because the restrictions of the treaty turned lifted in 1923, followed by automobiles inside 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 this Dixi, based on the Austin 7 and licensed through the Austin Motor Company throughout Birmingham, England.
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BMW's first significant aircraft engine, and commercial product connected with any sort, was the BMW IIIa inline-six liquid-cooled serps of 1918, known for good gas economy and high-altitude performance. With German rearmament within the 1930s, the company again began producing aircraft engines for that Luftwaffe. The factory in Munich made ample use of forced labour: foreign civilians, prisoners of war and inmates of the concentration camp Dachau. Among its successful Entire world War II engine designs were the BMW 132 in addition to BMW 801 air-cooled radial machines, 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 from the first prototype of this Messerschmitt Me 262, the Me 262 V1, but in 1942 testing the BMW prototype search engines failed on takeoff using only the standby Junkers Jumo 210 nose-mounted piston engine powering it to a safe landing. [11][12] The few Us 262 A-1b test examples built used the greater developed version of your 003 jet, recording an official prime speed of 800 km/h (497 mph). The first-ever four-engine airliner aircraft ever flown ended up the sixth and eighth prototypes with the Arado Ar 234 jet reconnaissance-bomber, which used BMW 003 aircraft for power. Through 1944 the 003's dependability improved, making it a suited power plant for air frame designs competing with the Jägernotprogramm's light fighter production contract. which was won through the Heinkel He 162 Spatz design. The BMW 003 aviation turbojet was also into account as the basic kick off point for a pioneering turboshaft powerplant pertaining to German armored fighting vehicles in 1944-45, as the GT information and facts. Towards the end in the Third Reich, BMW developed some military aircraft projects with the Luftwaffe, the BMW Strahlbomber, the BMW Schnellbomber and also the BMW Strahljäger, but none of these 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 received 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 plus the rights to defunct makes including Austin and Morris), and owned it with regard to six years. By 2000, Rover was incurring big losses and BMW made a decision to sell the combine. The MG and Rover brands were sold towards the Phoenix Consortium to type MG Rover, while Land Rover was absorbed by Ford. BMW, meanwhile, retained the rights to construct the new Mini, which was launched with 2001.
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Chief designer Chris Bangle declared his departure from BMW in February 2009, after serving on the style team for nearly over seventeen years. He was replaced through Adrian van Hooydonk, Bangle's former right-hand person. Bangle was known pertaining to his radical designs including 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 as being a separate enterprise. All development, sales and production actions, as well as the present workforce, have remained in location at its present spot at Varese.In June 2012, BMW was listed since the #1 most reputable company on the globe 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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