Bayerische Motoren Werke AG German for Bavarian Motor Functions, usually known under its 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 of Rolls-Royce Motor Cars. BMW produces motorcycles underneath BMW Motorrad, and plug-in electric cars under the BMW i sub-brand and also the "iPerformance" model designation from the regular BMW lineup. It is one of the best-selling luxury automakers on this planet. The company is a factor of the Euro Stoxx 50 currency markets index.BMW was established being a business entity following a restructuring on the Rapp Motorenwerke aircraft making firm in 1917. After the end involving World War I within 1918, BMW was forced in order to cease aircraft-engine production with the terms of the Versailles Armistice Treaty. The company consequently altered to motorcycle production for the reason that restrictions of the treaty began to be lifted in 1923, followed by automobiles throughout 1928-29.The first car which BMW successfully produced along with the car which launched BMW with respect to automobile production was your Dixi, based on the Austin texas 7 and licensed through the Austin Motor Company within Birmingham, England.
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BMW's primary significant aircraft engine, and commercial product of any sort, was the BMW IIIa inline-six liquid-cooled powerplant of 1918, known for good gas economy and high-altitude effectiveness. With German rearmament from the 1930s, the company again started out producing aircraft engines with the Luftwaffe. The factory in Munich made ample usage of forced labour: foreign civilians, prisoners of war and inmates from the concentration camp Dachau. Among its successful Entire world War II engine types were the BMW 132 and BMW 801 air-cooled radial search 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 particular Messerschmitt Me 262, the Me 262 V1, but in 1942 checks the BMW prototype motors failed on takeoff using 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 top speed of 800 km/h (497 mph). The first-ever four-engine plane aircraft ever flown had been 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 consistency improved, making it a appropriate power plant for air flow frame designs competing to the Jägernotprogramm's light fighter manufacturing contract. which was won by the Heinkel He 162 Spatz design. The BMW 003 aviation turbojet was also into consideration as the basic starting place for a pioneering turboshaft powerplant regarding German armored fighting vehicles in 1944-45, as the GT tips. Towards the end in the Third Reich, BMW developed some military aircraft projects for your 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 big stake in California-based professional design studio DesignworksUSA, which they fully obtained in 1995. In 1994, BMW bought the Uk Rover Group[19] (which at that time consisted of the Rover, Land Rover and MG brands plus the rights to defunct makes including Austin and Morris), and owned it pertaining to six years. By 2000, Rover was incurring enormous losses and BMW decided to sell the combine. The MG and Rover brands were sold to the Phoenix Consortium to variety MG Rover, while Land Rover was bought out by Ford. BMW, meanwhile, retained the rights to develop the new Mini, which was launched with 2001.
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Primary designer Chris Bangle released his departure from BMW with February 2009, after serving on the planning team for nearly 17 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 2002 7-Series and the 2002 Z4. In July 2007, the production rights with regard to Husqvarna Motorcycles was purchased by BMW for the reported 93 million pounds. BMW Motorrad plans to keep operating Husqvarna Motorcycles as being a separate enterprise. All development, sales and production actions, as well as the latest workforce, have remained in area at its present location at Varese.In June 2012, BMW was listed because #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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