Bayerische Motoren Werke AG The german language for Bavarian Motor Functions, usually known under it's abbreviation BMW, is a German high-class vehicles, motorcycle, and engine manufacturing firm founded in 1916. Headquartered in Munich, Bavaria, Germany. BMW owns Mini cars and is also the parent company connected with Rolls-Royce Motor Cars. BMW produces motorcycles below BMW Motorrad, and plug-in electric cars underneath the BMW i sub-brand and also the "iPerformance" model designation from the regular BMW lineup. It is one on the best-selling luxury automakers in the world. The company is a factor of the Euro Stoxx 50 stock market index.BMW was established as being a business entity following a restructuring in the Rapp Motorenwerke aircraft producing firm in 1917. After the end involving World War I inside 1918, BMW was forced to be able to cease aircraft-engine production through the terms of the Versailles Armistice Treaty. The company consequently altered to motorcycle production for the reason that restrictions of the treaty began to be lifted in 1923, followed by automobiles with 1928-29.The first car that BMW successfully produced plus the car which launched BMW with respect to automobile production was the Dixi, based on the Austin texas 7 and licensed from the Austin Motor Company in Birmingham, England.
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BMW's very first significant aircraft engine, and commercial product involving any sort, was the BMW IIIa inline-six liquid-cooled serp of 1918, known for good energy economy and high-altitude functionality. With German rearmament within the 1930s, the company again began producing aircraft engines to the Luftwaffe. The factory in Munich made ample by using forced labour: foreign civilians, prisoners of war and inmates with the concentration camp Dachau. Among its successful Entire world War II engine models were the BMW 132 and also BMW 801 air-cooled radial machines, and the pioneering BMW 003 axial-flow turbojet, which powered the tiny, 1944-1945-era jet-powered "emergency fighter", the Heinkel He 162 Spatz. The BMW 003 jet engine was tested as a prime power plant from the first prototype of the Messerschmitt Me 262, the Me 262 V1, but in 1942 testing the BMW prototype engines failed on takeoff using only the standby Junkers Jumo 210 nose-mounted piston engine powering it to your safe landing. [11][12] The few Myself 262 A-1b test examples built used a lot more developed version of your 003 jet, recording an official prime speed of 800 km/h (497 mph). The first-ever four-engine aircraft aircraft ever flown were the sixth and eighth prototypes from the Arado Ar 234 airliner reconnaissance-bomber, which used BMW 003 jets for power. Through 1944 the 003's reliability improved, making it a acceptable power plant for atmosphere frame designs competing to the Jägernotprogramm's light fighter manufacturing contract. which was won with the Heinkel He 162 Spatz pattern. The BMW 003 aviation turbojet was also into account as the basic beginning for a pioneering turboshaft powerplant pertaining to German armored fighting vehicles in 1944-45, as the GT info. 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 substantial stake in California-based professional design studio DesignworksUSA, which they fully received in 1995. In 1994, BMW bought the United kingdom Rover Group[19] (which during the time consisted of the Rover, Land Rover and MG brands along with the rights to defunct makes including Austin and Morris), and owned it for six years. By 2000, Rover was incurring enormous losses and BMW made a decision to sell the combine. The MG and Rover brands were sold for the Phoenix Consortium to kind MG Rover, while Land Rover was taken over by Ford. BMW, meanwhile, retained the rights to develop the new Mini, which was launched inside 2001.
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Chief designer Chris Bangle announced his departure from BMW inside February 2009, after serving on the style team for nearly 19 years. He was replaced by simply Adrian van Hooydonk, Bangle's former right-hand guy. Bangle was known regarding his radical designs like the 2002 7-Series and this 2002 Z4. In July 2007, the production rights with regard to Husqvarna Motorcycles was purchased by BMW for a reported 93 million euros. BMW Motorrad plans to carry on operating Husqvarna Motorcycles being a separate enterprise. All development, sales and production actions, as well as the present workforce, have remained in area at its present area at Varese.In June 2012, BMW was listed because the #1 most reputable company on this planet 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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