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Bayerische Motoren Werke AG The german language for Bavarian Motor Performs, usually known under their abbreviation BMW, is a German luxury vehicles, motorcycle, and engine manufacturing firm 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 beneath BMW Motorrad, and plug-in electric cars beneath the BMW i sub-brand as well as the "iPerformance" model designation within the regular BMW lineup. It is one on the best-selling luxury automakers on the globe. The company is a component of the Euro Stoxx 50 currency markets index.BMW was established as being a business entity following a restructuring on the Rapp Motorenwerke aircraft creation firm in 1917. After the end associated with World War I throughout 1918, BMW was forced for you to cease aircraft-engine production from the terms of the Versailles Armistice Treaty. The company consequently altered to motorcycle production because restrictions of the treaty started to be lifted in 1923, followed by automobiles throughout 1928-29.The first car that BMW successfully produced as well as the car which launched BMW on the road to automobile production was this Dixi, based on the Austin texas 7 and licensed through the Austin Motor Company throughout Birmingham, England.

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BMW's initial significant aircraft engine, and commercial product regarding any sort, was the BMW IIIa inline-six liquid-cooled serp of 1918, known for good energy economy and high-altitude overall performance. With German rearmament in the 1930s, the company again begun producing aircraft engines to the Luftwaffe. The factory in Munich made ample using forced labour: foreign civilians, prisoners of war and inmates of the concentration camp Dachau. Among its successful World 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 teeny, 1944-1945-era jet-powered "emergency fighter", the Heinkel He 162 Spatz. The BMW 003 jet engine was first tested as a prime power plant inside the first prototype of this 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 Everyone 262 A-1b test examples built used the harder developed version of this 003 jet, recording an official best speed of 800 km/h (497 mph). The first-ever four-engine plane aircraft ever flown ended up the sixth and eighth prototypes on the Arado Ar 234 aircraft reconnaissance-bomber, which used BMW 003 aircraft for power. Through 1944 the 003's stability improved, making it a acceptable power plant for atmosphere frame designs competing with the Jägernotprogramm's light fighter manufacturing contract. which was won by the Heinkel He 162 Spatz design and style. The BMW 003 aviation turbojet was also in mind as the basic kick off point for a pioneering turboshaft powerplant regarding 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 for your Luftwaffe, the BMW Strahlbomber, the BMW Schnellbomber as well as 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 industrial design studio DesignworksUSA, which they fully acquired in 1995. In 1994, BMW bought the Uk Rover Group[19] (which during the time consisted of the Rover, Land Rover and MG brands along with the rights to defunct makes including Austin and Morris), and owned it for 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 to the Phoenix Consortium to form MG Rover, while Land Rover was bought out 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 within February 2009, after serving on the structure team for nearly 17 years. He was replaced by simply 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 regarding Husqvarna Motorcycles was purchased by BMW for any reported 93 million pounds. BMW Motorrad plans to stay operating Husqvarna Motorcycles like a separate enterprise. All development, sales and production actions, as well as the present workforce, have remained in spot at its present location at Varese.In June 2012, BMW was listed for the reason that #1 most reputable company on this 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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