Bayerische Motoren Werke AG In german for Bavarian Motor Works, usually known under it is abbreviation BMW, is a German extravagance vehicles, motorcycle, and engine manufacturing company founded in 1916. Headquartered in Munich, Bavaria, Germany. BMW owns Mini cars which is the parent company connected with Rolls-Royce Motor Cars. BMW produces motorcycles beneath BMW Motorrad, and plug-in electric cars under the BMW i sub-brand as well as the "iPerformance" model designation from the regular BMW lineup. It is one from the best-selling luxury automakers in the world. The company is a factor of the Euro Stoxx 50 wall street game index.BMW was established to be a business entity following a restructuring on the Rapp Motorenwerke aircraft producing firm in 1917. After the end associated with World War I within 1918, BMW was forced to help cease aircraft-engine production because of the terms of the Versailles Armistice Treaty. The company consequently shifted to motorcycle production as the restrictions of the treaty turned lifted in 1923, followed by automobiles throughout 1928-29.The first car which often BMW successfully produced along with the car which launched BMW with respect to automobile production was this Dixi, based on the Austin tx 7 and licensed through the Austin Motor Company throughout 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 motor of 1918, known for good gasoline economy and high-altitude functionality. With German rearmament in the 1930s, the company again started out producing aircraft engines for that 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 Earth War II engine models were the BMW 132 and 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 initially 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 engines failed on takeoff having only the standby Junkers Jumo 210 nose-mounted piston engine powering it with a safe landing. [11][12] The few Myself 262 A-1b test examples built used the more developed version of the 003 jet, recording an official prime speed of 800 km/h (497 mph). The first-ever four-engine airliner aircraft ever flown had been the sixth and eighth prototypes with the Arado Ar 234 plane reconnaissance-bomber, which used BMW 003 jets for power. Through 1944 the 003's dependability improved, making it a suited power plant for air flow frame designs competing for the Jägernotprogramm's light fighter output contract. which was won because of the Heinkel He 162 Spatz style. The BMW 003 aviation turbojet was also into consideration as the basic beginning point for a pioneering turboshaft powerplant for German armored fighting motor vehicles in 1944-45, as the GT 101. Towards the end with the Third Reich, BMW developed some military aircraft projects for that Luftwaffe, the BMW Strahlbomber, the BMW Schnellbomber as well as the BMW Strahljäger, but none of these individuals 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 bought in 1995. In 1994, BMW bought the United kingdom Rover Group[19] (which right at that moment consisted of the Rover, Land Rover and MG brands and also the rights to defunct models including Austin and Morris), and owned it with regard to six years. By 2000, Rover was incurring huge losses and BMW thought i would sell the combine. The MG and Rover brands were sold for the Phoenix Consortium to variety MG Rover, while Land Rover was bought out by Ford. BMW, meanwhile, retained the rights to create the new Mini, which was launched within 2001.
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Primary designer Chris Bangle declared his departure from BMW within February 2009, after serving on the planning team for nearly seventeen years. He was replaced by Adrian van Hooydonk, Bangle's former right-hand male. Bangle was known intended for his radical designs such as the 2002 7-Series and your 2002 Z4. In July 2007, the production rights with regard to Husqvarna Motorcycles was purchased by BMW for the reported 93 million euros. BMW Motorrad plans to carry on operating Husqvarna Motorcycles as a separate enterprise. All development, sales and production activities, as well as the existing workforce, have remained in location at its present place at Varese.In June 2012, BMW was listed for the reason that #1 most reputable company on earth 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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