Bayerische Motoren Werke AG The german language for Bavarian Motor Functions, usually known under the abbreviation BMW, is a German extravagance vehicles, motorcycle, and engine manufacturing company founded in 1916. Headquartered in Munich, Bavaria, Germany. BMW owns Mini cars which is the parent company connected with Rolls-Royce Motor Cars. BMW produces motorcycles within BMW Motorrad, and plug-in electric cars beneath the BMW i sub-brand as well as the "iPerformance" model designation inside regular BMW lineup. It is one in the best-selling luxury automakers in the world. The company is an element of the Euro Stoxx 50 stock market index.BMW was established as being a business entity following a restructuring in the Rapp Motorenwerke aircraft manufacturing firm in 1917. After the end of World War I inside 1918, BMW was forced in order to cease aircraft-engine production from the terms of the Versailles Armistice Treaty. The company consequently changed to motorcycle production because the restrictions of the treaty began to be lifted in 1923, followed by automobiles inside 1928-29.The first car that BMW successfully produced plus the car which launched BMW with respect to automobile production was the actual Dixi, based on the Austin tx 7 and licensed in the Austin Motor Company throughout Birmingham, England.
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BMW's first significant aircraft engine, and commercial product regarding any sort, was the BMW IIIa inline-six liquid-cooled engine of 1918, known for good gasoline economy and high-altitude functionality. With German rearmament from the 1930s, the company again started producing aircraft engines with the 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 Earth War II engine types were the BMW 132 and BMW 801 air-cooled radial engines, 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 in the first prototype of the actual Messerschmitt Me 262, the Me 262 V1, but in 1942 tests the BMW prototype applications failed on takeoff with only the standby Junkers Jumo 210 nose-mounted piston engine powering it to a safe landing. [11][12] The few Me personally 262 A-1b test examples built used the harder developed version of the 003 jet, recording an official prime 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 jet reconnaissance-bomber, which used BMW 003 aircraft for power. Through 1944 the 003's trustworthiness improved, making it a ideal power plant for atmosphere frame designs competing for the Jägernotprogramm's light fighter output contract. which was won because of the Heinkel He 162 Spatz design. The BMW 003 aviation turbojet was also in mind as the basic kick off point for a pioneering turboshaft powerplant regarding German armored fighting motor vehicles in 1944-45, as the GT info. Towards the end from the Third Reich, BMW developed some military aircraft projects with the Luftwaffe, the BMW Strahlbomber, the BMW Schnellbomber along with the BMW Strahljäger, but none of them were built.
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BMW 3-Series (F30)In 1992, BMW acquired a substantial 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 the time consisted of the Rover, Land Rover and MG brands plus the rights to defunct brands including Austin and Morris), and owned it intended for six years. By 2000, Rover was incurring enormous losses and BMW thought i would sell the combine. The MG and Rover brands were sold on the Phoenix Consortium to variety MG Rover, while Land Rover was taken over by Ford. BMW, meanwhile, retained the rights to construct the new Mini, which was launched in 2001.
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Fundamental designer Chris Bangle released his departure from BMW throughout February 2009, after serving on the design team for nearly 17 years. He was replaced by simply Adrian van Hooydonk, Bangle's former right-hand man. Bangle was known pertaining to his radical designs such as the 2002 7-Series and your 2002 Z4. In July 2007, the production rights intended for Husqvarna Motorcycles was purchased by BMW for any reported 93 million euros. BMW Motorrad plans to continue operating Husqvarna Motorcycles like a separate enterprise. All development, sales and production things to do, as well as the actual workforce, have remained in position at its present place at Varese.In June 2012, BMW was listed because #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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