Bayerische Motoren Werke AG A language like german for Bavarian Motor Functions, usually known under the abbreviation BMW, is a German luxurious vehicles, motorcycle, and engine manufacturing corporation founded in 1916. Headquartered in Munich, Bavaria, Germany. BMW owns Mini cars and is the parent company regarding Rolls-Royce Motor Cars. BMW produces motorcycles under BMW Motorrad, and plug-in electric cars beneath BMW i sub-brand and the "iPerformance" model designation inside the regular BMW lineup. It is one in the best-selling luxury automakers on the planet. The company is a component of the Euro Stoxx 50 wall street game index.BMW was established to be a business entity following a restructuring of the Rapp Motorenwerke aircraft making firm in 1917. After the end connected with World War I in 1918, BMW was forced for you to cease aircraft-engine production because of the terms of the Versailles Armistice Treaty. The company consequently altered to motorcycle production because restrictions of the treaty turned lifted in 1923, followed by automobiles with 1928-29.The first car which often BMW successfully produced plus the car which launched BMW on the road to automobile production was this Dixi, based on the Austin tx 7 and licensed through the Austin Motor Company with Birmingham, England.
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BMW's initial significant aircraft engine, and commercial product connected with any sort, was the BMW IIIa inline-six liquid-cooled motor of 1918, known for good gas economy and high-altitude overall performance. With German rearmament inside 1930s, the company again started out producing aircraft engines for that Luftwaffe. The factory in Munich made ample using forced labour: foreign civilians, prisoners of war and inmates in the concentration camp Dachau. Among its successful Globe War II engine patterns were the BMW 132 and also BMW 801 air-cooled radial machines, and the pioneering BMW 003 axial-flow turbojet, which powered the little, 1944-1945-era jet-powered "emergency fighter", the Heinkel He 162 Spatz. The BMW 003 jet engine was initially tested as a prime power plant inside the first prototype of this Messerschmitt Me 262, the Me 262 V1, but in 1942 exams the BMW prototype search engines failed on takeoff along 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 the more developed version of this 003 jet, recording an official prime speed of 800 km/h (497 mph). The first-ever four-engine airliner aircraft ever flown have been the sixth and eighth prototypes in the Arado Ar 234 fly reconnaissance-bomber, which used BMW 003 jets for power. Through 1944 the 003's reliability improved, making it a ideal power plant for fresh air frame designs competing for that Jägernotprogramm's light fighter production contract. which was won by the Heinkel He 162 Spatz design and style. The BMW 003 aviation turbojet was also under consideration as the basic beginning for a pioneering turboshaft powerplant regarding German armored fighting vehicles in 1944-45, as the GT 101. Towards the end with the Third Reich, BMW developed some military aircraft projects for your Luftwaffe, the BMW Strahlbomber, the BMW Schnellbomber as well as the BMW Strahljäger, but none of these individuals were built.
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BMW 3-Series (F30)In 1992, BMW acquired a huge stake in California-based industrial design studio DesignworksUSA, which they fully obtained in 1995. In 1994, BMW bought the British Rover Group[19] (which at the time consisted of the Rover, Land Rover and MG brands in addition to the rights to defunct makes including Austin and Morris), and owned it with regard to six years. By 2000, Rover was incurring large losses and BMW made a decision to sell the combine. The MG and Rover brands were sold on the Phoenix Consortium to type MG Rover, while Land Rover was absorbed by Ford. BMW, meanwhile, retained the rights to create the new Mini, which was launched inside 2001.
Main designer Chris Bangle released his departure from BMW throughout February 2009, after serving on the structure team for nearly over seventeen years. He was replaced by Adrian van Hooydonk, Bangle's former right-hand man. Bangle was known for 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 any reported 93 million pounds. BMW Motorrad plans to stay operating Husqvarna Motorcycles being 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 because #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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