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Bayerische Motoren Werke AG German for Bavarian Motor Performs, usually known under it's abbreviation BMW, is a German luxurious vehicles, motorcycle, and engine manufacturing corporation founded in 1916. Headquartered in Munich, Bavaria, Germany. BMW owns Mini cars and it is 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 inside regular BMW lineup. It is one in the best-selling luxury automakers on the globe. The company is an element of the Euro Stoxx 50 currency markets index.BMW was established as being a business entity following a restructuring with the Rapp Motorenwerke aircraft creation firm in 1917. After the end involving World War I in 1918, BMW was forced for you to cease aircraft-engine production with the terms of the Versailles Armistice Treaty. The company consequently shifted 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 that BMW successfully produced plus the car which launched BMW in relation to automobile production was the actual Dixi, based on the Austin texas 7 and licensed on the Austin Motor Company within Birmingham, England.

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BMW's 1st significant aircraft engine, and commercial product involving any sort, was the BMW IIIa inline-six liquid-cooled serp of 1918, known for good energy resource economy and high-altitude effectiveness. With German rearmament within the 1930s, the company again started producing aircraft engines for the Luftwaffe. The factory in Munich made ample utilization of forced labour: foreign civilians, prisoners of war and inmates in the concentration camp Dachau. Among its successful Planet War II engine styles were the BMW 132 and also BMW 801 air-cooled radial engines, 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 first tested as a prime power plant from the first prototype of the Messerschmitt Me 262, the Me 262 V1, but in 1942 checks the BMW prototype applications failed on takeoff along with only the standby Junkers Jumo 210 nose-mounted piston engine powering it to your safe landing. [11][12] The few Myself 262 A-1b test examples built used a lot more developed version of the 003 jet, recording an official best speed of 800 km/h (497 mph). The first-ever four-engine airliner aircraft ever flown had been 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 dependability improved, making it a acceptable power plant for air frame designs competing for that Jägernotprogramm's light fighter output contract. which was won from the Heinkel He 162 Spatz layout. The BMW 003 aviation turbojet was also into account as the basic starting place for a pioneering turboshaft powerplant for German armored fighting automobiles in 1944-45, as the GT info. Towards the end with the Third Reich, BMW developed some military aircraft projects for the Luftwaffe, the BMW Strahlbomber, the BMW Schnellbomber and also 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 business design studio DesignworksUSA, which they fully received in 1995. In 1994, BMW bought the English 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 pertaining to six years. By 2000, Rover was incurring huge losses and BMW made a decision to sell the combine. The MG and Rover brands were sold for the Phoenix Consortium to kind MG Rover, while Land Rover was taken over by Ford. BMW, meanwhile, retained the rights to develop the new Mini, which was launched throughout 2001.

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Chief designer Chris Bangle introduced his departure from BMW with February 2009, after serving on the style team for nearly over seventeen years. He was replaced through Adrian van Hooydonk, Bangle's former right-hand gentleman. Bangle was known regarding his radical designs for example the 2002 7-Series and this 2002 Z4. In July 2007, the production rights with regard to Husqvarna Motorcycles was purchased by BMW for the reported 93 million pounds. BMW Motorrad plans to continue operating Husqvarna Motorcycles like a separate enterprise. All development, sales and production things to do, as well as the latest workforce, have remained in location at its present area at Varese.In June 2012, BMW was listed for the reason that #1 most reputable company on the globe 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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