Bayerische Motoren Werke AG German born for Bavarian Motor Operates, usually known under the abbreviation BMW, is a German luxury vehicles, motorcycle, and engine manufacturing company 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 underneath BMW Motorrad, and plug-in electric cars within the BMW i sub-brand as well as the "iPerformance" model designation inside the regular BMW lineup. It is one of the best-selling luxury automakers on earth. The company is a factor of the Euro Stoxx 50 stock market index.BMW was established being a business entity following a restructuring with the Rapp Motorenwerke aircraft manufacturing firm in 1917. After the end regarding World War I with 1918, BMW was forced for you to cease aircraft-engine production through the terms of the Versailles Armistice Treaty. The company consequently moved to motorcycle production because the restrictions of the treaty grew to become lifted in 1923, followed by automobiles in 1928-29.The first car that BMW successfully produced as well as the car which launched BMW on the path to automobile production was your Dixi, based on the Austin texas 7 and licensed through the Austin Motor Company with Birmingham, England.
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BMW's very first significant aircraft engine, and commercial product associated with any sort, was the BMW IIIa inline-six liquid-cooled serps of 1918, known for good energy resource economy and high-altitude overall performance. With German rearmament within the 1930s, the company again begun producing aircraft engines for your Luftwaffe. The factory in Munich made ample usage of forced labour: foreign civilians, prisoners of war and inmates in the concentration camp Dachau. Among its successful Planet War II engine models were the BMW 132 and also 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 tested as a prime power plant in the first prototype of this Messerschmitt Me 262, the Me 262 V1, but in 1942 testing the BMW prototype engines failed on takeoff having only the standby Junkers Jumo 210 nose-mounted piston engine powering it into a safe landing. [11][12] The few Everyone 262 A-1b test examples built used the greater developed version of the actual 003 jet, recording an official major speed of 800 km/h (497 mph). The first-ever four-engine airliner aircraft ever flown were being 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 reliability improved, making it a suitable power plant for fresh air frame designs competing to the Jägernotprogramm's light fighter production contract. which was won from the Heinkel He 162 Spatz style. The BMW 003 aviation turbojet was also under consideration as the basic kick off point for a pioneering turboshaft powerplant regarding German armored fighting automobiles in 1944-45, as the GT tips. Towards the end in the Third Reich, BMW developed some military aircraft projects for that Luftwaffe, the BMW Strahlbomber, the BMW Schnellbomber and also the BMW Strahljäger, but none of these were built.
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BMW 3-Series (F30)In 1992, BMW acquired a huge stake in California-based commercial design studio DesignworksUSA, which they fully acquired in 1995. In 1994, BMW bought the English Rover Group[19] (which right at that moment consisted of the Rover, Land Rover and MG brands as well as the rights to defunct manufacturers including Austin and Morris), and owned it intended for six years. By 2000, Rover was incurring large losses and BMW made a decision to sell the combine. The MG and Rover brands were sold on the Phoenix Consortium to variety MG Rover, while Land Rover was bought out by Ford. BMW, meanwhile, retained the rights to make the new Mini, which was launched throughout 2001.
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Primary designer Chris Bangle reported his departure from BMW inside February 2009, after serving on the planning team for nearly 17 years. He was replaced through Adrian van Hooydonk, Bangle's former right-hand male. Bangle was known pertaining to his radical designs for example the 2002 7-Series and your 2002 Z4. In July 2007, the production rights intended for Husqvarna Motorcycles was purchased by BMW for a reported 93 million pounds. BMW Motorrad plans to keep operating Husqvarna Motorcycles as a separate enterprise. All development, sales and production routines, as well as the existing workforce, have remained in place at its present place at Varese.In June 2012, BMW was listed for the reason that #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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