Bayerische Motoren Werke AG German born for Bavarian Motor Functions, usually known under it's abbreviation BMW, is a German luxurious vehicles, motorcycle, and engine manufacturing business 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 underneath BMW Motorrad, and plug-in electric cars beneath BMW i sub-brand and the "iPerformance" model designation within the regular BMW lineup. It is one of the best-selling luxury automakers on the globe. The company is a factor of the Euro Stoxx 50 wall street game index.BMW was established being a business entity following a restructuring of the Rapp Motorenwerke aircraft producing firm in 1917. After the end connected with World War I inside 1918, BMW was forced for you to cease aircraft-engine production because of the terms of the Versailles Armistice Treaty. The company consequently altered to motorcycle production as the restrictions of the treaty turned lifted in 1923, followed by automobiles inside 1928-29.The first car which often BMW successfully produced as well as the car which launched BMW on the road to automobile production was the Dixi, based on the Austin texas 7 and licensed through the Austin Motor Company inside Birmingham, England.
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BMW's primary significant aircraft engine, and commercial product involving any sort, was the BMW IIIa inline-six liquid-cooled serp of 1918, known for good gas economy and high-altitude performance. With German rearmament inside the 1930s, the company again begun producing aircraft engines to the Luftwaffe. The factory in Munich made ample use of forced labour: foreign civilians, prisoners of war and inmates on the concentration camp Dachau. Among its successful Globe War II engine types were the BMW 132 and BMW 801 air-cooled radial engines, 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 initially tested as a prime power plant in the first prototype of this Messerschmitt Me 262, the Me 262 V1, but in 1942 checks the BMW prototype motors failed on takeoff together with only the standby Junkers Jumo 210 nose-mounted piston engine powering it to some safe landing. [11][12] The few Everyone 262 A-1b test examples built used the more developed version of your 003 jet, recording an official prime speed of 800 km/h (497 mph). The first-ever four-engine plane aircraft ever flown were 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 consistency improved, making it a appropriate power plant for air frame designs competing to the Jägernotprogramm's light fighter creation contract. which was won from the Heinkel He 162 Spatz design and style. The BMW 003 aviation turbojet was also in mind as the basic beginning point for a pioneering turboshaft powerplant with regard to German armored fighting cars in 1944-45, as the GT tips. 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 these individuals were built.
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BMW 3-Series (F30)In 1992, BMW acquired a huge stake in California-based industrial design studio DesignworksUSA, which they fully acquired in 1995. In 1994, BMW bought the Uk Rover Group[19] (which back then consisted of the Rover, Land Rover and MG brands and also the rights to defunct manufacturers including Austin and Morris), and owned it pertaining to six years. By 2000, Rover was incurring large losses and BMW decided to sell the combine. The MG and Rover brands were sold towards Phoenix Consortium to variety MG Rover, while Land Rover was taken over by Ford. BMW, meanwhile, retained the rights to construct the new Mini, which was launched throughout 2001.
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Main designer Chris Bangle announced his departure from BMW with February 2009, after serving on the structure team for nearly over seventeen years. He was replaced by simply Adrian van Hooydonk, Bangle's former right-hand person. Bangle was known pertaining to his radical designs like the 2002 7-Series and the particular 2002 Z4. In July 2007, the production rights pertaining to Husqvarna Motorcycles was purchased by BMW for any reported 93 million euros. BMW Motorrad plans to continue operating Husqvarna Motorcycles being a separate enterprise. All development, sales and production actions, as well as the current workforce, have remained in position at its present area at Varese.In June 2012, BMW was listed because #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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