Bayerische Motoren Werke AG A language like german for Bavarian Motor Is effective, usually known under its abbreviation BMW, is a German luxurious vehicles, motorcycle, and engine manufacturing corporation founded in 1916. Headquartered in Munich, Bavaria, Germany. BMW owns Mini cars and is also the parent company associated with Rolls-Royce Motor Cars. BMW produces motorcycles below BMW Motorrad, and plug-in electric cars beneath the BMW i sub-brand and also the "iPerformance" model designation from the regular BMW lineup. It is one with the best-selling luxury automakers in the world. The company is an element of the Euro Stoxx 50 wall street game index.BMW was established to be a business entity following a restructuring from the Rapp Motorenwerke aircraft creation firm in 1917. After the end associated with World War I inside 1918, BMW was forced for you to cease aircraft-engine production from the terms of the Versailles Armistice Treaty. The company consequently shifted to motorcycle production because restrictions of the treaty grew to become lifted in 1923, followed by automobiles throughout 1928-29.The first car that BMW successfully produced and also the car which launched BMW on the path to automobile production was your Dixi, based on the Austin tx 7 and licensed from 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 energy resource economy and high-altitude effectiveness. With German rearmament from the 1930s, the company again started producing aircraft engines with the Luftwaffe. The factory in Munich made ample utilization of forced labour: foreign civilians, prisoners of war and inmates of the concentration camp Dachau. Among its successful World War II engine patterns were the BMW 132 and BMW 801 air-cooled radial engines, 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 first tested as a prime power plant inside first prototype of your Messerschmitt Me 262, the Me 262 V1, but in 1942 checks the BMW prototype applications 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 the harder developed version of your 003 jet, recording an official major speed of 800 km/h (497 mph). The first-ever four-engine airliner aircraft ever flown ended up 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 generation contract. which was won through the Heinkel He 162 Spatz pattern. The BMW 003 aviation turbojet was also into account as the basic starting place for a pioneering turboshaft powerplant for German armored fighting cars in 1944-45, as the GT information. Towards the end on the Third Reich, BMW developed some military aircraft projects with 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 substantial stake in California-based commercial design studio DesignworksUSA, which they fully purchased in 1995. In 1994, BMW bought the Uk Rover Group[19] (which back then consisted of the Rover, Land Rover and MG brands in addition to the rights to defunct manufacturers 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 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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Main designer Chris Bangle released his departure from BMW within February 2009, after serving on the planning team for nearly 18 years. He was replaced by Adrian van Hooydonk, Bangle's former right-hand person. Bangle was known regarding his radical designs like the 2002 7-Series and the 2002 Z4. In July 2007, the production rights pertaining to Husqvarna Motorcycles was purchased by BMW for just a reported 93 million euros. BMW Motorrad plans to keep operating Husqvarna Motorcycles to be a separate enterprise. All development, sales and production activities, as well as the latest workforce, have remained in area at its present spot at Varese.In June 2012, BMW was listed because the #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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