Bayerische Motoren Werke AG German born for Bavarian Motor Operates, usually known under it's abbreviation BMW, is a German extravagance vehicles, motorcycle, and engine manufacturing firm founded in 1916. Headquartered in Munich, Bavaria, Germany. BMW owns Mini cars which is the parent company of Rolls-Royce Motor Cars. BMW produces motorcycles under BMW Motorrad, and plug-in electric cars underneath the BMW i sub-brand and also the "iPerformance" model designation inside the regular BMW lineup. It is one on the best-selling luxury automakers on the globe. The company is a component of the Euro Stoxx 50 currency markets index.BMW was established as a business entity following a restructuring on the Rapp Motorenwerke aircraft making firm in 1917. After the end connected with World War I throughout 1918, BMW was forced in order to cease aircraft-engine production by the terms of the Versailles Armistice Treaty. The company consequently altered to motorcycle production since the restrictions of the treaty has become lifted in 1923, followed by automobiles with 1928-29.The first car which often BMW successfully produced as well as the car which launched BMW with respect to automobile production was the actual Dixi, based on the Austin tx 7 and licensed on the Austin Motor Company within Birmingham, England.
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BMW's initial significant aircraft engine, and commercial product of any sort, was the BMW IIIa inline-six liquid-cooled powerplant of 1918, known for good energy resource economy and high-altitude performance. With German rearmament in the 1930s, the company again started producing aircraft engines for the Luftwaffe. The factory in Munich made ample using forced labour: foreign civilians, prisoners of war and inmates from the concentration camp Dachau. Among its successful Entire world War II engine types were the BMW 132 and 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 tested as a prime power plant from the first prototype of the actual Messerschmitt Me 262, the Me 262 V1, but in 1942 tests the BMW prototype motors failed on takeoff using only the standby Junkers Jumo 210 nose-mounted piston engine powering it to a safe landing. [11][12] The few Us 262 A-1b test examples built used a lot more developed version of this 003 jet, recording an official major speed of 800 km/h (497 mph). The first-ever four-engine jet aircraft ever flown have been the sixth and eighth prototypes on the Arado Ar 234 plane reconnaissance-bomber, which used BMW 003 jets for power. Through 1944 the 003's stability improved, making it a suitable power plant for atmosphere frame designs competing to the Jägernotprogramm's light fighter generation contract. which was won with the Heinkel He 162 Spatz style. The BMW 003 aviation turbojet was also involved as the basic beginning point for a pioneering turboshaft powerplant regarding German armored fighting vehicles in 1944-45, as the GT tips. Towards the end of 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 were built.
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BMW 3-Series (F30)In 1992, BMW acquired a huge stake in California-based business design studio DesignworksUSA, which they fully obtained in 1995. In 1994, BMW bought the English Rover Group[19] (which at that time consisted of the Rover, Land Rover and MG brands in addition to the rights to defunct makes including Austin and Morris), and owned it pertaining to six years. By 2000, Rover was incurring enormous losses and BMW chose to sell the combine. The MG and Rover brands were sold to the Phoenix Consortium to variety MG Rover, while Land Rover was bought out by Ford. BMW, meanwhile, retained the rights to build the new Mini, which was launched throughout 2001.
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Main designer Chris Bangle announced his departure from BMW throughout February 2009, after serving on the style team for nearly 18 years. He was replaced simply by Adrian van Hooydonk, Bangle's former right-hand guy. Bangle was known with regard to 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 to get a reported 93 million pounds. BMW Motorrad plans to keep operating Husqvarna Motorcycles like a separate enterprise. All development, sales and production routines, as well as the actual workforce, have remained in spot at its present location at Varese.In June 2012, BMW was listed as the #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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