Bayerische Motoren Werke AG A language like german for Bavarian Motor Performs, usually known under the abbreviation BMW, is a German luxurious vehicles, motorcycle, and engine manufacturing organization founded in 1916. Headquartered in Munich, Bavaria, Germany. BMW owns Mini cars which is the parent company associated 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 from the regular BMW lineup. It is one of the best-selling luxury automakers on this planet. The company is an element of the Euro Stoxx 50 stock exchange index.BMW was established as a business entity following a restructuring of the Rapp Motorenwerke aircraft production firm in 1917. After the end involving World War I inside 1918, BMW was forced to cease aircraft-engine production because of the terms of the Versailles Armistice Treaty. The company consequently altered to motorcycle production because the restrictions of the treaty grew to become lifted in 1923, followed by automobiles throughout 1928-29.The first car that BMW successfully produced and also the car which launched BMW in relation to automobile production was the actual Dixi, based on the Austin tx 7 and licensed in the Austin Motor Company within Birmingham, England.
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BMW's very first significant aircraft engine, and commercial product of any sort, was the BMW IIIa inline-six liquid-cooled powerplant of 1918, known for good energy economy and high-altitude efficiency. With German rearmament in the 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 from the concentration camp Dachau. Among its successful Planet War II engine models were the BMW 132 and BMW 801 air-cooled radial engines, 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 within the first prototype of this Messerschmitt Me 262, the Me 262 V1, but in 1942 assessments the BMW prototype applications failed on takeoff having 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 more developed version of the actual 003 jet, recording an official top speed of 800 km/h (497 mph). The first-ever four-engine jet aircraft ever flown were the sixth and eighth prototypes in the Arado Ar 234 airliner reconnaissance-bomber, which used BMW 003 jets for power. Through 1944 the 003's consistency improved, making it a appropriate power plant for fresh air frame designs competing to the Jägernotprogramm's light fighter generation contract. which was won from the Heinkel He 162 Spatz design and style. The BMW 003 aviation turbojet was also into consideration as the basic starting place for a pioneering turboshaft powerplant intended for German armored fighting cars in 1944-45, as the GT information. Towards the end from the Third Reich, BMW developed some military aircraft projects to the Luftwaffe, the BMW Strahlbomber, the BMW Schnellbomber and the BMW Strahljäger, but none of these individuals were built.
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BMW 3-Series (F30)In 1992, BMW acquired a big stake in California-based professional design studio DesignworksUSA, which they fully bought in 1995. In 1994, BMW bought the British isles Rover Group[19] (which right at that moment consisted of the Rover, Land Rover and MG brands plus the rights to defunct makes including Austin and Morris), and owned it for six years. By 2000, Rover was incurring large losses and BMW thought i would sell the combine. The MG and Rover brands were sold towards the Phoenix Consortium to type MG Rover, while Land Rover was taken over by Ford. BMW, meanwhile, retained the rights to construct the new Mini, which was launched with 2001.
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Key designer Chris Bangle announced his departure from BMW in February 2009, after serving on the look team for nearly 19 years. He was replaced simply by Adrian van Hooydonk, Bangle's former right-hand man. Bangle was known with regard to his radical designs including the 2002 7-Series and the 2002 Z4. In July 2007, the production rights regarding Husqvarna Motorcycles was purchased by BMW for the reported 93 million pounds. BMW Motorrad plans to carry on operating Husqvarna Motorcycles being a separate enterprise. All development, sales and production routines, as well as the existing workforce, have remained in place at its present location 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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