Bayerische Motoren Werke AG German for Bavarian Motor Is effective, usually known under it is abbreviation BMW, is a German high end vehicles, motorcycle, and engine manufacturing corporation founded in 1916. Headquartered in Munich, Bavaria, Germany. BMW owns Mini cars and is the parent company involving Rolls-Royce Motor Cars. BMW produces motorcycles within BMW Motorrad, and plug-in electric cars within the BMW i sub-brand and the "iPerformance" model designation inside the regular BMW lineup. It is one with the best-selling luxury automakers in the world. The company is a factor of the Euro Stoxx 50 currency markets index.BMW was established being a business entity following a restructuring in the Rapp Motorenwerke aircraft production firm in 1917. After the end connected with World War I with 1918, BMW was forced for you to cease aircraft-engine production because of the terms of the Versailles Armistice Treaty. The company consequently changed to motorcycle production because the restrictions of the treaty turned lifted in 1923, followed by automobiles inside 1928-29.The first car which BMW successfully produced along with the car which launched BMW on the path to automobile production was the actual Dixi, based on the Austin tx 7 and licensed in the Austin Motor Company within Birmingham, England.
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BMW's primary significant aircraft engine, and commercial product associated with any sort, was the BMW IIIa inline-six liquid-cooled serps of 1918, known for good gas economy and high-altitude performance. With German rearmament inside 1930s, the company again started producing aircraft engines for your Luftwaffe. The factory in Munich made ample using forced labour: foreign civilians, prisoners of war and inmates on the concentration camp Dachau. Among its successful Earth War II engine patterns were the BMW 132 and BMW 801 air-cooled radial search engines, and the pioneering BMW 003 axial-flow turbojet, which powered the little, 1944-1945-era jet-powered "emergency fighter", the Heinkel He 162 Spatz. The BMW 003 jet engine was tested as a prime power plant inside the first prototype of the particular Messerschmitt Me 262, the Me 262 V1, but in 1942 tests the BMW prototype applications 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 Me personally 262 A-1b test examples built used the greater developed version of this 003 jet, recording an official best speed of 800 km/h (497 mph). The first-ever four-engine jet aircraft ever flown have been the sixth and eighth prototypes from the Arado Ar 234 plane reconnaissance-bomber, which used BMW 003 aircraft for power. Through 1944 the 003's trustworthiness improved, making it a suitable power plant for fresh air frame designs competing for that Jägernotprogramm's light fighter manufacturing contract. which was won with the Heinkel He 162 Spatz layout. The BMW 003 aviation turbojet was also into consideration as the basic kick off point for a pioneering turboshaft powerplant for German armored fighting vehicles in 1944-45, as the GT information and facts. Towards the end of the Third Reich, BMW developed some military aircraft projects for that Luftwaffe, the BMW Strahlbomber, the BMW Schnellbomber along with the BMW Strahljäger, but none of these were built.
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BMW 3-Series (F30)In 1992, BMW acquired a big stake in California-based professional design studio DesignworksUSA, which they fully received in 1995. In 1994, BMW bought the British isles Rover Group[19] (which at the time consisted of the Rover, Land Rover and MG brands along with the rights to defunct brand names including Austin and Morris), and owned it intended for six years. By 2000, Rover was incurring enormous losses and BMW thought i would sell the combine. The MG and Rover brands were sold towards Phoenix Consortium to style MG Rover, while Land Rover was taken over by Ford. BMW, meanwhile, retained the rights to construct the new Mini, which was launched within 2001.
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Key designer Chris Bangle declared his departure from BMW throughout February 2009, after serving on the structure team for nearly 17 years. He was replaced by simply Adrian van Hooydonk, Bangle's former right-hand man. Bangle was known for his radical designs including the 2002 7-Series and your 2002 Z4. In July 2007, the production rights with regard to Husqvarna Motorcycles was purchased by BMW for any reported 93 million euros. BMW Motorrad plans to keep operating Husqvarna Motorcycles to be a separate enterprise. All development, sales and production things to do, as well as the existing workforce, have remained in spot at its present area at Varese.In June 2012, BMW was listed as the #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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