Bayerische Motoren Werke AG A language like german for Bavarian Motor Works, usually known under it is 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 associated with Rolls-Royce Motor Cars. BMW produces motorcycles under BMW Motorrad, and plug-in electric cars under the BMW i sub-brand plus the "iPerformance" model designation within the regular BMW lineup. It is one of the best-selling luxury automakers in the world. The company is a component of the Euro Stoxx 50 stock trading game index.BMW was established as a business entity following a restructuring from the Rapp Motorenwerke aircraft creation firm in 1917. After the end involving World War I with 1918, BMW was forced to be able to cease aircraft-engine production by the terms of the Versailles Armistice Treaty. The company consequently shifted to motorcycle production since the restrictions of the treaty began to be lifted in 1923, followed by automobiles within 1928-29.The first car that BMW successfully produced as well as the car which launched BMW with respect to automobile production was this Dixi, based on the Austin texas 7 and licensed in the Austin Motor Company within Birmingham, England.
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BMW's initial significant aircraft engine, and commercial product associated with any sort, was the BMW IIIa inline-six liquid-cooled motor of 1918, known for good fuel economy and high-altitude efficiency. With German rearmament in the 1930s, the company again begun producing aircraft engines with 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 Planet War II engine designs were the BMW 132 as well as BMW 801 air-cooled radial search engines, and the pioneering BMW 003 axial-flow turbojet, which powered the small, 1944-1945-era jet-powered "emergency fighter", the Heinkel He 162 Spatz. The BMW 003 jet engine was tested as a prime power plant within the first prototype of your Messerschmitt Me 262, the Me 262 V1, but in 1942 testing the BMW prototype motors failed on takeoff together with 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 harder developed version of the particular 003 jet, recording an official best speed of 800 km/h (497 mph). The first-ever four-engine jet aircraft ever flown have been the sixth and eighth prototypes with the Arado Ar 234 aircraft reconnaissance-bomber, which used BMW 003 aircraft for power. Through 1944 the 003's dependability improved, making it a appropriate power plant for air frame designs competing for your Jägernotprogramm's light fighter generation contract. which was won by the Heinkel He 162 Spatz design. The BMW 003 aviation turbojet was also into account as the basic beginning for a pioneering turboshaft powerplant intended for German armored fighting cars in 1944-45, as the GT info. Towards the end of the Third Reich, BMW developed some military aircraft projects with the Luftwaffe, the BMW Strahlbomber, the BMW Schnellbomber as well as the BMW Strahljäger, but none of them were built.
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BMW 3-Series (F30)In 1992, BMW acquired a huge stake in California-based business design studio DesignworksUSA, which they fully obtained in 1995. In 1994, BMW bought the English 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 regarding six years. By 2000, Rover was incurring huge losses and BMW made a decision to sell the combine. The MG and Rover brands were sold towards Phoenix Consortium to form MG Rover, while Land Rover was taken over by Ford. BMW, meanwhile, retained the rights to create the new Mini, which was launched with 2001.
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Main designer Chris Bangle released his departure from BMW inside February 2009, after serving on the planning team for nearly 18 years. He was replaced through Adrian van Hooydonk, Bangle's former right-hand person. Bangle was known with regard to his radical designs such as the 2002 7-Series and the actual 2002 Z4. In July 2007, the production rights intended for Husqvarna Motorcycles was purchased by BMW for the reported 93 million pounds. BMW Motorrad plans to keep operating Husqvarna Motorcycles as a separate enterprise. All development, sales and production things to do, as well as the current workforce, have remained in place at its present location at Varese.In June 2012, BMW was listed as the #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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