Bayerische Motoren Werke AG A language like german for Bavarian Motor Works, usually known under it is abbreviation BMW, is a German high-class vehicles, motorcycle, and engine manufacturing corporation 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 below BMW Motorrad, and plug-in electric cars beneath the BMW i sub-brand and the "iPerformance" model designation in the regular BMW lineup. It is one in the best-selling luxury automakers on the planet. The company is an element of the Euro Stoxx 50 stock exchange index.BMW was established being a business entity following a restructuring from the Rapp Motorenwerke aircraft producing firm in 1917. After the end of World War I inside 1918, BMW was forced to cease aircraft-engine production through the terms of the Versailles Armistice Treaty. The company consequently shifted to motorcycle production because the restrictions of the treaty started to be lifted in 1923, followed by automobiles throughout 1928-29.The first car which usually BMW successfully produced along with the car which launched BMW in relation to automobile production was this Dixi, based on the Austin texas 7 and licensed on the Austin Motor Company in Birmingham, England.
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BMW's initial significant aircraft engine, and commercial product of any sort, was the BMW IIIa inline-six liquid-cooled powerplant of 1918, known for good energy economy and high-altitude overall performance. With German rearmament from the 1930s, the company again commenced 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 World War II engine designs were the BMW 132 along with BMW 801 air-cooled radial machines, and the pioneering BMW 003 axial-flow turbojet, which powered the small, 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 this Messerschmitt Me 262, the Me 262 V1, but in 1942 testing the BMW prototype applications failed on takeoff along with only the standby Junkers Jumo 210 nose-mounted piston engine powering it into a safe landing. [11][12] The few Me personally 262 A-1b test examples built used the harder developed version of the particular 003 jet, recording an official best speed of 800 km/h (497 mph). The first-ever four-engine fly aircraft ever flown ended up the sixth and eighth prototypes in the Arado Ar 234 fly reconnaissance-bomber, which used BMW 003 aircraft for power. Through 1944 the 003's reliability improved, making it a suitable power plant for fresh air frame designs competing with the Jägernotprogramm's light fighter generation contract. which was won from the Heinkel He 162 Spatz design. The BMW 003 aviation turbojet was also in mind as the basic kick off point for a pioneering turboshaft powerplant intended for German armored fighting vehicles in 1944-45, as the GT information and facts. Towards the end with the Third Reich, BMW developed some military aircraft projects for that Luftwaffe, the BMW Strahlbomber, the BMW Schnellbomber plus the BMW Strahljäger, but none of these individuals were built.
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BMW 3-Series (F30)In 1992, BMW acquired a huge stake in California-based business design studio DesignworksUSA, which they fully bought in 1995. In 1994, BMW bought the United kingdom Rover Group[19] (which at that time consisted of the Rover, Land Rover and MG brands and also the rights to defunct brands including Austin and Morris), and owned it intended for six years. By 2000, Rover was incurring enormous losses and BMW chose to sell the combine. The MG and Rover brands were sold towards the Phoenix Consortium to type MG Rover, while Land Rover was absorbed by Ford. BMW, meanwhile, retained the rights to develop the new Mini, which was launched with 2001.
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Fundamental designer Chris Bangle declared his departure from BMW throughout February 2009, after serving on the structure team for nearly 18 years. He was replaced by Adrian van Hooydonk, Bangle's former right-hand gentleman. Bangle was known for his radical designs like the 2002 7-Series and the particular 2002 Z4. In July 2007, the production rights intended for Husqvarna Motorcycles was purchased by BMW for any reported 93 million pounds. BMW Motorrad plans to keep operating Husqvarna Motorcycles as being a separate enterprise. All development, sales and production pursuits, as well as the present workforce, have remained in position at its present spot at Varese.In June 2012, BMW was listed as the #1 most reputable company on the globe 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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