Bayerische Motoren Werke AG The german language for Bavarian Motor Works, usually known under it's abbreviation BMW, is a German high-class vehicles, motorcycle, and engine manufacturing organization founded in 1916. Headquartered in Munich, Bavaria, Germany. BMW owns Mini cars and is also the parent company associated with Rolls-Royce Motor Cars. BMW produces motorcycles beneath BMW Motorrad, and plug-in electric cars underneath the BMW i sub-brand and the "iPerformance" model designation in the regular BMW lineup. It is one with the best-selling luxury automakers on earth. The company is a component of the Euro Stoxx 50 stock trading game index.BMW was established as being a business entity following a restructuring with the Rapp Motorenwerke aircraft manufacturing firm in 1917. After the end associated with World War I with 1918, BMW was forced in order to cease aircraft-engine production with the terms of the Versailles Armistice Treaty. The company consequently changed to motorcycle production because the restrictions of the treaty has become lifted in 1923, followed by automobiles in 1928-29.The first car which in turn BMW successfully produced plus the car which launched BMW on the path to automobile production was the Dixi, based on the Austin tx 7 and licensed from the Austin Motor Company inside Birmingham, England.
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BMW's 1st significant aircraft engine, and commercial product of 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 from the 1930s, the company again began producing aircraft engines for your Luftwaffe. The factory in Munich made ample utilization of forced labour: foreign civilians, prisoners of war and inmates with the concentration camp Dachau. Among its successful Earth War II engine styles were the BMW 132 as well as BMW 801 air-cooled radial applications, and the pioneering BMW 003 axial-flow turbojet, which powered the very 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 inside first prototype of the Messerschmitt Me 262, the Me 262 V1, but in 1942 tests the BMW prototype search 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 Us 262 A-1b test examples built used a lot more developed version of the actual 003 jet, recording an official best speed of 800 km/h (497 mph). The first-ever four-engine fly aircraft ever flown have been the sixth and eighth prototypes of the Arado Ar 234 plane reconnaissance-bomber, which used BMW 003 aircraft for power. Through 1944 the 003's trustworthiness improved, making it a appropriate power plant for atmosphere frame designs competing to the Jägernotprogramm's light fighter manufacturing contract. which was won with the Heinkel He 162 Spatz design. The BMW 003 aviation turbojet was also in mind as the basic starting place for a pioneering turboshaft powerplant for German armored fighting autos in 1944-45, as the GT info. Towards the end on the Third Reich, BMW developed some military aircraft projects for your Luftwaffe, the BMW Strahlbomber, the BMW Schnellbomber as well as the BMW Strahljäger, but none of these people were built.
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BMW 3-Series (F30)In 1992, BMW acquired a large stake in California-based manufacturing design studio DesignworksUSA, which they fully received in 1995. In 1994, BMW bought the British isles Rover Group[19] (which right at that moment consisted of the Rover, Land Rover and MG brands and also the rights to defunct brand names including Austin and Morris), and owned it with regard to six years. By 2000, Rover was incurring big losses and BMW chose to sell the combine. The MG and Rover brands were sold towards the Phoenix Consortium to variety MG Rover, while Land Rover was bought out by Ford. BMW, meanwhile, retained the rights to develop the new Mini, which was launched inside 2001.
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Main designer Chris Bangle introduced his departure from BMW with February 2009, after serving on the style team for nearly 18 years. He was replaced by simply Adrian van Hooydonk, Bangle's former right-hand gentleman. Bangle was known regarding his radical designs for example the 2002 7-Series and the actual 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 continue operating Husqvarna Motorcycles as being a separate enterprise. All development, sales and production things to do, as well as the present workforce, have remained in location at its present location at Varese.In June 2012, BMW was listed because the #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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