Bayerische Motoren Werke AG A language like german for Bavarian Motor Works, usually known under the abbreviation BMW, is a German luxurious 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 as well as the "iPerformance" model designation inside the regular BMW lineup. It is one from the best-selling luxury automakers on this planet. The company is a factor of the Euro Stoxx 50 wall street game index.BMW was established to be a business entity following a restructuring of the Rapp Motorenwerke aircraft production firm in 1917. After the end associated with World War I inside 1918, BMW was forced to be able to cease aircraft-engine production because of the terms of the Versailles Armistice Treaty. The company consequently altered to motorcycle production as the restrictions of the treaty turned lifted in 1923, followed by automobiles inside 1928-29.The first car which 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 on the Austin Motor Company in Birmingham, England.
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BMW's very first significant aircraft engine, and commercial product involving any sort, was the BMW IIIa inline-six liquid-cooled motor of 1918, known for good gasoline economy and high-altitude efficiency. With German rearmament inside the 1930s, the company again begun producing aircraft engines to the Luftwaffe. The factory in Munich made ample by using 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 as well as BMW 801 air-cooled radial machines, 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 initially tested as a prime power plant inside first prototype of the particular 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 greater developed version of the particular 003 jet, recording an official major speed of 800 km/h (497 mph). The first-ever four-engine jet aircraft ever flown have been 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 consistency improved, making it a acceptable power plant for fresh air frame designs competing with the Jägernotprogramm's light fighter production contract. which was won because of the Heinkel He 162 Spatz design. The BMW 003 aviation turbojet was also into account as the basic beginning point for a pioneering turboshaft powerplant for German armored fighting vehicles in 1944-45, as the GT tips. 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 all of them 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 purchased in 1995. In 1994, BMW bought the United kingdom Rover Group[19] (which back then consisted of the Rover, Land Rover and MG brands plus the rights to defunct brand names including Austin and Morris), and owned it intended for six years. By 2000, Rover was incurring big losses and BMW decided to sell the combine. The MG and Rover brands were sold for the Phoenix Consortium to type MG Rover, while Land Rover was bought out by Ford. BMW, meanwhile, retained the rights to build the new Mini, which was launched with 2001.
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Main designer Chris Bangle reported his departure from BMW with February 2009, after serving on the planning team for nearly over seventeen years. He was replaced by Adrian van Hooydonk, Bangle's former right-hand gentleman. Bangle was known pertaining to his radical designs such as 2002 7-Series and the 2002 Z4. In July 2007, the production rights pertaining to Husqvarna Motorcycles was purchased by BMW for any reported 93 million pounds. BMW Motorrad plans to remain operating Husqvarna Motorcycles as being a separate enterprise. All development, sales and production pursuits, as well as the current workforce, have remained in spot at its present place at Varese.In June 2012, BMW was listed because the #1 most reputable company on the 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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