Bayerische Motoren Werke AG A language like german for Bavarian Motor Functions, usually known under its abbreviation BMW, is a German high-class vehicles, motorcycle, and engine manufacturing corporation founded in 1916. Headquartered in Munich, Bavaria, Germany. BMW owns Mini cars and is the parent company connected with Rolls-Royce Motor Cars. BMW produces motorcycles within BMW Motorrad, and plug-in electric cars under the BMW i sub-brand as well as the "iPerformance" model designation within the regular BMW lineup. It is one of the best-selling luxury automakers on this planet. The company is an element of the Euro Stoxx 50 currency markets index.BMW was established to be a business entity following a restructuring from the Rapp Motorenwerke aircraft production firm in 1917. After the end involving World War I inside 1918, BMW was forced to cease aircraft-engine production from the terms of the Versailles Armistice Treaty. The company consequently changed to motorcycle production for the reason that restrictions of the treaty grew to become lifted in 1923, followed by automobiles with 1928-29.The first car which usually 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 through the Austin Motor Company in Birmingham, England.
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BMW's initial significant aircraft engine, and commercial product connected with any sort, was the BMW IIIa inline-six liquid-cooled serp of 1918, known for good gas economy and high-altitude efficiency. With German rearmament from the 1930s, the company again began producing aircraft engines with the Luftwaffe. The factory in Munich made ample utilization of forced labour: foreign civilians, prisoners of war and inmates of the concentration camp Dachau. Among its successful Globe War II engine models were the BMW 132 as well as BMW 801 air-cooled radial motors, 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 within the first prototype of the Messerschmitt Me 262, the Me 262 V1, but in 1942 exams the BMW prototype motors failed on takeoff having only the standby Junkers Jumo 210 nose-mounted piston engine powering it to some safe landing. [11][12] The few Myself 262 A-1b test examples built used the more developed version of the particular 003 jet, recording an official top 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 jet reconnaissance-bomber, which used BMW 003 aircraft for power. Through 1944 the 003's stability improved, making it a appropriate power plant for oxygen frame designs competing with the Jägernotprogramm's light fighter production contract. which was won from the Heinkel He 162 Spatz pattern. The BMW 003 aviation turbojet was also involved as the basic starting place for a pioneering turboshaft powerplant with regard to German armored fighting automobiles in 1944-45, as the GT info. Towards the end in the Third Reich, BMW developed some military aircraft projects with the Luftwaffe, the BMW Strahlbomber, the BMW Schnellbomber and 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 manufacturing design studio DesignworksUSA, which they fully received in 1995. In 1994, BMW bought the Uk Rover Group[19] (which at that time consisted of the Rover, Land Rover and MG brands as well as the rights to defunct models including Austin and Morris), and owned it intended for six years. By 2000, Rover was incurring enormous losses and BMW thought we would sell the combine. The MG and Rover brands were sold towards Phoenix Consortium to form MG Rover, while Land Rover was absorbed by Ford. BMW, meanwhile, retained the rights to make the new Mini, which was launched in 2001.
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Chief designer Chris Bangle introduced his departure from BMW throughout February 2009, after serving on the design team for nearly over seventeen years. He was replaced by means of Adrian van Hooydonk, Bangle's former right-hand gentleman. Bangle was known with regard to his radical designs such as the 2002 7-Series and the 2002 Z4. In July 2007, the production rights pertaining to Husqvarna Motorcycles was purchased by BMW for any reported 93 million pounds. BMW Motorrad plans to keep operating Husqvarna Motorcycles being a separate enterprise. All development, sales and production things to do, as well as the current workforce, have remained in place at its present location at Varese.In June 2012, BMW was listed because #1 most reputable company on the 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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