Bayerische Motoren Werke AG The german language for Bavarian Motor Is effective, usually known under its abbreviation BMW, is a German luxury vehicles, motorcycle, and engine manufacturing organization founded in 1916. Headquartered in Munich, Bavaria, Germany. BMW owns Mini cars which is the parent company regarding Rolls-Royce Motor Cars. BMW produces motorcycles under BMW Motorrad, and plug-in electric cars underneath the BMW i sub-brand along with the "iPerformance" model designation within the regular BMW lineup. It is one in the best-selling luxury automakers on the globe. The company is a component of the Euro Stoxx 50 wall street game index.BMW was established as being a business entity following a restructuring with the Rapp Motorenwerke aircraft creation firm in 1917. After the end regarding World War I in 1918, BMW was forced for you to cease aircraft-engine production with the terms of the Versailles Armistice Treaty. The company consequently changed to motorcycle production since the restrictions of the treaty grew to become lifted in 1923, followed by automobiles within 1928-29.The first car which in turn BMW successfully produced plus the car which launched BMW on the road to automobile production was the actual Dixi, based on the Austin 7 and licensed in the Austin Motor Company in Birmingham, England.
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BMW's primary significant aircraft engine, and commercial product regarding any sort, was the BMW IIIa inline-six liquid-cooled engine of 1918, known for good gas economy and high-altitude efficiency. With German rearmament within the 1930s, the company again started out producing aircraft engines for the Luftwaffe. The factory in Munich made ample using forced labour: foreign civilians, prisoners of war and inmates on the concentration camp Dachau. Among its successful Planet War II engine designs were the BMW 132 in addition to BMW 801 air-cooled radial search 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 initially tested as a prime power plant from the first prototype of the actual Messerschmitt Me 262, the Me 262 V1, but in 1942 testing the BMW prototype motors failed on takeoff having only the standby Junkers Jumo 210 nose-mounted piston engine powering it to a safe landing. [11][12] The few Myself 262 A-1b test examples built used the greater developed version of your 003 jet, recording an official best speed of 800 km/h (497 mph). The first-ever four-engine fly aircraft ever flown have been the sixth and eighth prototypes in the Arado Ar 234 jet reconnaissance-bomber, which used BMW 003 jets for power. Through 1944 the 003's consistency improved, making it a suited power plant for atmosphere frame designs competing for the Jägernotprogramm's light fighter creation contract. which was won from 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 with regard to German armored fighting vehicles in 1944-45, as the GT 101. Towards the end on 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 significant stake in California-based industrial design studio DesignworksUSA, which they fully acquired in 1995. In 1994, BMW bought the British Rover Group[19] (which at that time consisted of the Rover, Land Rover and MG brands along with the rights to defunct brand names including Austin and Morris), and owned it intended for six years. By 2000, Rover was incurring massive losses and BMW thought we would sell the combine. The MG and Rover brands were sold to the Phoenix Consortium to type MG Rover, while Land Rover was bought out by Ford. BMW, meanwhile, retained the rights to create the new Mini, which was launched inside 2001.
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Primary designer Chris Bangle released his departure from BMW in February 2009, after serving on the design team for nearly seventeen years. He was replaced by means of Adrian van Hooydonk, Bangle's former right-hand male. Bangle was known intended for his radical designs like the 2002 7-Series and the actual 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 stay operating Husqvarna Motorcycles like a separate enterprise. All development, sales and production actions, as well as the latest workforce, have remained in spot at its present place at Varese.In June 2012, BMW was listed because #1 most reputable company in the world 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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