Bayerische Motoren Werke AG A language like german for Bavarian Motor Functions, usually known under it's abbreviation BMW, is a German extravagance vehicles, motorcycle, and engine manufacturing corporation founded in 1916. Headquartered in Munich, Bavaria, Germany. BMW owns Mini cars and is particularly the parent company of Rolls-Royce Motor Cars. BMW produces motorcycles below BMW Motorrad, and plug-in electric cars underneath the BMW i sub-brand along with the "iPerformance" model designation inside the regular BMW lineup. It is one with the best-selling luxury automakers on this planet. The company is an element of the Euro Stoxx 50 currency markets index.BMW was established as a business entity following a restructuring of the Rapp Motorenwerke aircraft creation firm in 1917. After the end regarding World War I with 1918, BMW was forced to help cease aircraft-engine production because of the terms of the Versailles Armistice Treaty. The company consequently moved to motorcycle production as the restrictions of the treaty began to be lifted in 1923, followed by automobiles within 1928-29.The first car which often BMW successfully produced along with the car which launched BMW on the path to automobile production was the particular Dixi, based on the Austin tx 7 and licensed from the Austin Motor Company inside Birmingham, England.
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BMW's primary significant aircraft engine, and commercial product of any sort, was the BMW IIIa inline-six liquid-cooled powerplant of 1918, known for good gas economy and high-altitude efficiency. With German rearmament inside 1930s, the company again started out producing aircraft engines with 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 Planet War II engine patterns were the BMW 132 and BMW 801 air-cooled radial search engines, 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 initially tested as a prime power plant in the first prototype of your Messerschmitt Me 262, the Me 262 V1, but in 1942 tests the BMW prototype applications failed on takeoff having only the standby Junkers Jumo 210 nose-mounted piston engine powering it to a safe landing. [11][12] The few Myself 262 A-1b test examples built used the harder developed version of the particular 003 jet, recording an official top speed of 800 km/h (497 mph). The first-ever four-engine plane aircraft ever flown were being the sixth and eighth prototypes on the Arado Ar 234 aircraft reconnaissance-bomber, which used BMW 003 jets for power. Through 1944 the 003's trustworthiness improved, making it a suited power plant for atmosphere frame designs competing for that Jägernotprogramm's light fighter output contract. which was won through the Heinkel He 162 Spatz design and style. The BMW 003 aviation turbojet was also involved as the basic starting place for a pioneering turboshaft powerplant pertaining to German armored fighting autos in 1944-45, as the GT tips. Towards the end of the Third Reich, BMW developed some military aircraft projects for that Luftwaffe, the BMW Strahlbomber, the BMW Schnellbomber and the BMW Strahljäger, but none of them were built.
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BMW 3-Series (F30)In 1992, BMW acquired a significant 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 big losses and BMW chose to sell the combine. The MG and Rover brands were sold on the Phoenix Consortium to kind MG Rover, while Land Rover was taken over by Ford. BMW, meanwhile, retained the rights to make the new Mini, which was launched throughout 2001.
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Fundamental designer Chris Bangle introduced his departure from BMW within February 2009, after serving on the look team for nearly 19 years. He was replaced by Adrian van Hooydonk, Bangle's former right-hand gentleman. Bangle was known pertaining to his radical designs including the 2002 7-Series and this 2002 Z4. In July 2007, the production rights for Husqvarna Motorcycles was purchased by BMW to get a reported 93 million pounds. BMW Motorrad plans to stay operating Husqvarna Motorcycles like a separate enterprise. All development, sales and production pursuits, as well as the existing workforce, have remained in place at its present area 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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