Bayerische Motoren Werke AG In german for Bavarian Motor Operates, usually known under it's abbreviation BMW, is a German luxurious vehicles, motorcycle, and engine manufacturing organization founded in 1916. Headquartered in Munich, Bavaria, Germany. BMW owns Mini cars and is the parent company regarding Rolls-Royce Motor Cars. BMW produces motorcycles under BMW Motorrad, and plug-in electric cars underneath the BMW i sub-brand as well as the "iPerformance" model designation inside regular BMW lineup. It is one on the best-selling luxury automakers on earth. The company is an element of the Euro Stoxx 50 wall street game index.BMW was established as a business entity following a restructuring from the Rapp Motorenwerke aircraft creation firm in 1917. After the end connected with World War I in 1918, BMW was forced for you to cease aircraft-engine production because of the terms of the Versailles Armistice Treaty. The company consequently moved to motorcycle production because the restrictions of the treaty began to be lifted in 1923, followed by automobiles with 1928-29.The first car which BMW successfully produced and the car which launched BMW with respect to automobile production was your Dixi, based on the Austin tx 7 and licensed from the Austin Motor Company throughout Birmingham, England.
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BMW's first significant aircraft engine, and commercial product regarding any sort, was the BMW IIIa inline-six liquid-cooled motor of 1918, known for good fuel economy and high-altitude performance. With German rearmament from the 1930s, the company again started producing aircraft engines for your Luftwaffe. The factory in Munich made ample usage of forced labour: foreign civilians, prisoners of war and inmates on the concentration camp Dachau. Among its successful Entire world War II engine designs were the BMW 132 and BMW 801 air-cooled radial search 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 initially tested as a prime power plant in the first prototype of the actual Messerschmitt Me 262, the Me 262 V1, but in 1942 checks the BMW prototype applications failed on takeoff together with only the standby Junkers Jumo 210 nose-mounted piston engine powering it to a safe landing. [11][12] The few Me 262 A-1b test examples built used the more developed version of your 003 jet, recording an official leading speed of 800 km/h (497 mph). The first-ever four-engine fly aircraft ever flown were being the sixth and eighth prototypes of the Arado Ar 234 fly reconnaissance-bomber, which used BMW 003 aircraft for power. Through 1944 the 003's stability improved, making it a ideal power plant for atmosphere frame designs competing for your Jägernotprogramm's light fighter output contract. which was won because of 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 intended for German armored fighting motor vehicles in 1944-45, as the GT information. Towards the end in 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 them were built.
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BMW 3-Series (F30)In 1992, BMW acquired a large stake in California-based commercial design studio DesignworksUSA, which they fully bought in 1995. In 1994, BMW bought the United kingdom Rover Group[19] (which at the time consisted of the Rover, Land Rover and MG brands along with the rights to defunct manufacturers including Austin and Morris), and owned it intended for six years. By 2000, Rover was incurring enormous losses and BMW decided to sell the combine. The MG and Rover brands were sold to the Phoenix Consortium to form MG Rover, while Land Rover was bought out by Ford. BMW, meanwhile, retained the rights to build the new Mini, which was launched within 2001.
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Key designer Chris Bangle announced his departure from BMW in February 2009, after serving on the design team for nearly seventeen years. He was replaced through Adrian van Hooydonk, Bangle's former right-hand gentleman. Bangle was known with regard to his radical designs such as 2002 7-Series and the actual 2002 Z4. In July 2007, the production rights regarding Husqvarna Motorcycles was purchased by BMW for a reported 93 million euros. BMW Motorrad plans to keep operating Husqvarna Motorcycles as a separate enterprise. All development, sales and production things to do, as well as the existing workforce, have remained in area 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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