Bayerische Motoren Werke AG In german for Bavarian Motor Works, usually known under its abbreviation BMW, is a German high end 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 beneath BMW Motorrad, and plug-in electric cars underneath the BMW i sub-brand and the "iPerformance" model designation inside the regular BMW lineup. It is one on the best-selling luxury automakers on the planet. The company is an element of the Euro Stoxx 50 stock trading game index.BMW was established as a business entity following a restructuring in the Rapp Motorenwerke aircraft making firm in 1917. After the end associated with World War I with 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 as the restrictions of the treaty began to be lifted in 1923, followed by automobiles within 1928-29.The first car which usually BMW successfully produced and the car which launched BMW on the path to automobile production was your Dixi, based on the Austin 7 and licensed in the Austin Motor Company within Birmingham, England.
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BMW's first significant aircraft engine, and commercial product connected with any sort, was the BMW IIIa inline-six liquid-cooled engine of 1918, known for good fuel economy and high-altitude overall performance. With German rearmament in the 1930s, the company again started out producing aircraft engines to the Luftwaffe. The factory in Munich made ample use of forced labour: foreign civilians, prisoners of war and inmates of the concentration camp Dachau. Among its successful Globe War II engine types were the BMW 132 along with 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 inside first prototype of the particular Messerschmitt Me 262, the Me 262 V1, but in 1942 assessments the BMW prototype search engines failed on takeoff using only the standby Junkers Jumo 210 nose-mounted piston engine powering it to some safe landing. [11][12] The few Us 262 A-1b test examples built used the more developed version of this 003 jet, recording an official major speed of 800 km/h (497 mph). The first-ever four-engine fly aircraft ever flown were the sixth and eighth prototypes of the Arado Ar 234 aircraft reconnaissance-bomber, which used BMW 003 jets for power. Through 1944 the 003's dependability improved, making it a acceptable power plant for fresh air frame designs competing for your Jägernotprogramm's light fighter production contract. which was won with the Heinkel He 162 Spatz design and style. The BMW 003 aviation turbojet was also in mind as the basic starting point for a pioneering turboshaft powerplant regarding German armored fighting vehicles in 1944-45, as the GT info. Towards the end with the Third Reich, BMW developed some military aircraft projects with the Luftwaffe, the BMW Strahlbomber, the BMW Schnellbomber and also the BMW Strahljäger, but none of them 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 obtained in 1995. In 1994, BMW bought the British Rover Group[19] (which at that time consisted of the Rover, Land Rover and MG brands in addition to the rights to defunct brand names including Austin and Morris), and owned it pertaining to six years. By 2000, Rover was incurring massive losses and BMW thought i would sell the combine. The MG and Rover brands were sold towards Phoenix Consortium to kind MG Rover, while Land Rover was bought out by Ford. BMW, meanwhile, retained the rights to make the new Mini, which was launched inside 2001.
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Main designer Chris Bangle reported his departure from BMW in February 2009, after serving on the planning team for nearly 17 years. He was replaced through Adrian van Hooydonk, Bangle's former right-hand man. Bangle was known regarding his radical designs such as 2002 7-Series and the particular 2002 Z4. In July 2007, the production rights pertaining to Husqvarna Motorcycles was purchased by BMW for a reported 93 million euros. BMW Motorrad plans to remain operating Husqvarna Motorcycles as being a separate enterprise. All development, sales and production activities, as well as the current workforce, have remained in spot at its present place at Varese.In June 2012, BMW was listed as 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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