Bayerische Motoren Werke AG German born for Bavarian Motor Performs, usually known under the abbreviation BMW, is a German extravagance 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 the globe. The company is an element of the Euro Stoxx 50 currency markets index.BMW was established like a business entity following a restructuring on the Rapp Motorenwerke aircraft manufacturing firm in 1917. After the end associated with World War I in 1918, BMW was forced to help cease aircraft-engine production by the terms of the Versailles Armistice Treaty. The company consequently shifted to motorcycle production for the reason that restrictions of the treaty turned lifted in 1923, followed by automobiles in 1928-29.The first car which usually BMW successfully produced and also the car which launched BMW with respect 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 1st significant aircraft engine, and commercial product connected with any sort, was the BMW IIIa inline-six liquid-cooled serp of 1918, known for good gasoline economy and high-altitude efficiency. With German rearmament within the 1930s, the company again commenced producing aircraft engines for your Luftwaffe. The factory in Munich made ample utilization of forced labour: foreign civilians, prisoners of war and inmates in the concentration camp Dachau. Among its successful Entire world War II engine styles were the BMW 132 and also BMW 801 air-cooled radial applications, 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 inside the first prototype of the particular Messerschmitt Me 262, the Me 262 V1, but in 1942 assessments the BMW prototype machines failed on takeoff having only the standby Junkers Jumo 210 nose-mounted piston engine powering it to your safe landing. [11][12] The few Everyone 262 A-1b test examples built used a lot more developed version of this 003 jet, recording an official major speed of 800 km/h (497 mph). The first-ever four-engine fly aircraft ever flown ended up the sixth and eighth prototypes in the Arado Ar 234 aircraft reconnaissance-bomber, which used BMW 003 aircraft for power. Through 1944 the 003's reliability improved, making it a acceptable power plant for oxygen frame designs competing for that Jägernotprogramm's light fighter output contract. which was won through the Heinkel He 162 Spatz style. The BMW 003 aviation turbojet was also into consideration as the basic starting point for a pioneering turboshaft powerplant pertaining to German armored fighting automobiles in 1944-45, as the GT 101. 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 substantial stake in California-based professional design studio DesignworksUSA, which they fully purchased in 1995. In 1994, BMW bought the British Rover Group[19] (which during the time consisted of the Rover, Land Rover and MG brands plus the rights to defunct brand names including Austin and Morris), and owned it pertaining to six years. By 2000, Rover was incurring big 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 absorbed by Ford. BMW, meanwhile, retained the rights to make the new Mini, which was launched throughout 2001.
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Key designer Chris Bangle introduced his departure from BMW in February 2009, after serving on the design team for nearly seventeen years. He was replaced by simply Adrian van Hooydonk, Bangle's former right-hand guy. Bangle was known regarding his radical designs for example the 2002 7-Series and the 2002 Z4. In July 2007, the production rights for Husqvarna Motorcycles was purchased by BMW to get a reported 93 million euros. BMW Motorrad plans to remain operating Husqvarna Motorcycles as being a separate enterprise. All development, sales and production routines, as well as the existing workforce, have remained in area at its present position at Varese.In June 2012, BMW was listed since the #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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