Bayerische Motoren Werke AG German for Bavarian Motor Works, usually known under it's abbreviation BMW, is a German high end vehicles, motorcycle, and engine manufacturing corporation founded in 1916. Headquartered in Munich, Bavaria, Germany. BMW owns Mini cars which is the parent company involving 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 the regular BMW lineup. It is one with the best-selling luxury automakers on this planet. The company is a factor of the Euro Stoxx 50 currency markets index.BMW was established to be a business entity following a restructuring in the Rapp Motorenwerke aircraft creation firm in 1917. After the end involving World War I inside 1918, BMW was forced in order to cease aircraft-engine production by 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 that BMW successfully produced as well as the car which launched BMW in relation to automobile production was the Dixi, based on the Austin texas 7 and licensed on the Austin Motor Company within Birmingham, England.
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BMW's primary significant aircraft engine, and commercial product connected with any sort, was the BMW IIIa inline-six liquid-cooled serps of 1918, known for good fuel economy and high-altitude functionality. With German rearmament in the 1930s, the company again started producing aircraft engines for your Luftwaffe. The factory in Munich made ample usage of forced labour: foreign civilians, prisoners of war and inmates on the concentration camp Dachau. Among its successful Globe War II engine models were the BMW 132 as well as 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 tested as a prime power plant from the first prototype of the Messerschmitt Me 262, the Me 262 V1, but in 1942 testing the BMW prototype motors failed on takeoff using only the standby Junkers Jumo 210 nose-mounted piston engine powering it to some safe landing. [11][12] The few Me personally 262 A-1b test examples built used greater developed version of your 003 jet, recording an official top speed of 800 km/h (497 mph). The first-ever four-engine plane aircraft ever flown had been the sixth and eighth prototypes of the Arado Ar 234 airliner reconnaissance-bomber, which used BMW 003 aircraft for power. Through 1944 the 003's trustworthiness improved, making it a appropriate power plant for air frame designs competing for your Jägernotprogramm's light fighter output contract. which was won from the Heinkel He 162 Spatz style. The BMW 003 aviation turbojet was also involved as the basic kick off point for a pioneering turboshaft powerplant pertaining to German armored fighting autos in 1944-45, as the GT information and facts. Towards the end of the Third Reich, BMW developed some military aircraft projects to the Luftwaffe, the BMW Strahlbomber, the BMW Schnellbomber along with the BMW Strahljäger, but none of these were built.
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BMW 3-Series (F30)In 1992, BMW acquired a significant stake in California-based commercial design studio DesignworksUSA, which they fully bought in 1995. In 1994, BMW bought the English Rover Group[19] (which right at that moment consisted of the Rover, Land Rover and MG brands as well as the rights to defunct makes including Austin and Morris), and owned it with regard to 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 on the Phoenix Consortium to style MG Rover, while Land Rover was bought out by Ford. BMW, meanwhile, retained the rights to make the new Mini, which was launched inside 2001.
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Primary designer Chris Bangle reported his departure from BMW in February 2009, after serving on the style team for nearly 19 years. He was replaced simply by Adrian van Hooydonk, Bangle's former right-hand gentleman. Bangle was known intended for his radical designs such as 2002 7-Series and the 2002 Z4. In July 2007, the production rights intended for Husqvarna Motorcycles was purchased by BMW for just a reported 93 million euros. BMW Motorrad plans to stay operating Husqvarna Motorcycles to be a separate enterprise. All development, sales and production things to do, as well as the actual workforce, have remained in area at its present spot at Varese.In June 2012, BMW was listed since 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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