Bayerische Motoren Werke AG German for Bavarian Motor Is effective, usually known under it is abbreviation BMW, is a German extravagance vehicles, motorcycle, and engine manufacturing business founded in 1916. Headquartered in Munich, Bavaria, Germany. BMW owns Mini cars and is particularly the parent company involving Rolls-Royce Motor Cars. BMW produces motorcycles underneath BMW Motorrad, and plug-in electric cars beneath the BMW i sub-brand as well as the "iPerformance" model designation within the regular BMW lineup. It is one of 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 like a business entity following a restructuring from the Rapp Motorenwerke aircraft making firm in 1917. After the end of World War I inside 1918, BMW was forced to help cease aircraft-engine production with the terms of the Versailles Armistice Treaty. The company consequently shifted to motorcycle production since the restrictions of the treaty has become lifted in 1923, followed by automobiles within 1928-29.The first car which in turn BMW successfully produced and also the car which launched BMW in relation to automobile production was the particular Dixi, based on the Austin 7 and licensed on 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 powerplant of 1918, known for good energy economy and high-altitude performance. With German rearmament within the 1930s, the company again started out producing aircraft engines with 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 World War II engine patterns were the BMW 132 in addition to 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 first tested as a prime power plant from the first prototype of the particular Messerschmitt Me 262, the Me 262 V1, but in 1942 assessments the BMW prototype engines failed on takeoff having only the standby Junkers Jumo 210 nose-mounted piston engine powering it to some safe landing. [11][12] The few Me 262 A-1b test examples built used a lot more developed version of the particular 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 of the Arado Ar 234 aircraft reconnaissance-bomber, which used BMW 003 aircraft for power. Through 1944 the 003's stability improved, making it a suitable power plant for air frame designs competing with the Jägernotprogramm's light fighter output contract. which was won by the Heinkel He 162 Spatz pattern. The BMW 003 aviation turbojet was also involved as the basic beginning point for a pioneering turboshaft powerplant pertaining to German armored fighting vehicles in 1944-45, as the GT tips. Towards the end on the Third Reich, BMW developed some military aircraft projects for the Luftwaffe, the BMW Strahlbomber, the BMW Schnellbomber as well as the BMW Strahljäger, but none of these people 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 received in 1995. In 1994, BMW bought the Uk Rover Group[19] (which at that time consisted of the Rover, Land Rover and MG brands in addition to the rights to defunct models including Austin and Morris), and owned it pertaining to six years. By 2000, Rover was incurring huge losses and BMW made a decision to sell the combine. The MG and Rover brands were sold to the Phoenix Consortium to kind MG Rover, while Land Rover was taken over by Ford. BMW, meanwhile, retained the rights to build the new Mini, which was launched with 2001.
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Fundamental designer Chris Bangle declared his departure from BMW with February 2009, after serving on the structure team for nearly 19 years. He was replaced by Adrian van Hooydonk, Bangle's former right-hand person. Bangle was known regarding his radical designs for example the 2002 7-Series and the 2002 Z4. In July 2007, the production rights with regard to Husqvarna Motorcycles was purchased by BMW to get a reported 93 million pounds. BMW Motorrad plans to keep operating Husqvarna Motorcycles as being a separate enterprise. All development, sales and production activities, as well as the present workforce, have remained in location at its present position at Varese.In June 2012, BMW was listed because 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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