Bayerische Motoren Werke AG German for Bavarian Motor Operates, usually known under its abbreviation BMW, is a German extravagance vehicles, motorcycle, and engine manufacturing business founded in 1916. Headquartered in Munich, Bavaria, Germany. BMW owns Mini cars and is the parent company associated with Rolls-Royce Motor Cars. BMW produces motorcycles under BMW Motorrad, and plug-in electric cars under the BMW i sub-brand and the "iPerformance" model designation from the regular BMW lineup. It is one of the best-selling luxury automakers on the globe. The company is a factor of the Euro Stoxx 50 stock trading game index.BMW was established being a business entity following a restructuring from the Rapp Motorenwerke aircraft making firm in 1917. After the end regarding World War I throughout 1918, BMW was forced in order to cease aircraft-engine production with the terms of the Versailles Armistice Treaty. The company consequently changed to motorcycle production since the restrictions of the treaty turned lifted in 1923, followed by automobiles with 1928-29.The first car that BMW successfully produced plus the car which launched BMW with respect to automobile production was this Dixi, based on the Austin tx 7 and licensed in the Austin Motor Company with 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 serps of 1918, known for good energy economy and high-altitude effectiveness. With German rearmament from the 1930s, the company again started out producing aircraft engines with the Luftwaffe. The factory in Munich made ample usage of forced labour: foreign civilians, prisoners of war and inmates from the concentration camp Dachau. Among its successful Globe War II engine styles were the BMW 132 along with BMW 801 air-cooled radial applications, 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 initially tested as a prime power plant inside first prototype of the Messerschmitt Me 262, the Me 262 V1, but in 1942 testing the BMW prototype applications failed on takeoff along with only the standby Junkers Jumo 210 nose-mounted piston engine powering it with a safe landing. [11][12] The few Myself 262 A-1b test examples built used the harder developed version of your 003 jet, recording an official major speed of 800 km/h (497 mph). The first-ever four-engine airliner aircraft ever flown had been the sixth and eighth prototypes of the Arado Ar 234 jet reconnaissance-bomber, which used BMW 003 jets for power. Through 1944 the 003's trustworthiness improved, making it a appropriate power plant for air flow frame designs competing for that Jägernotprogramm's light fighter generation contract. which was won through the Heinkel He 162 Spatz design. The BMW 003 aviation turbojet was also involved as the basic starting point for a pioneering turboshaft powerplant intended for German armored fighting autos in 1944-45, as the GT 101. Towards the end from the Third Reich, BMW developed some military aircraft projects for 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 professional design studio DesignworksUSA, which they fully purchased 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 in addition to the rights to defunct models including Austin and Morris), and owned it for six years. By 2000, Rover was incurring enormous losses and BMW made a decision to sell the combine. The MG and Rover brands were sold for the Phoenix Consortium to form 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 reported his departure from BMW with February 2009, after serving on the planning team for nearly 19 years. He was replaced by means of Adrian van Hooydonk, Bangle's former right-hand guy. Bangle was known pertaining to his radical designs such as the 2002 7-Series and your 2002 Z4. In July 2007, the production rights intended for Husqvarna Motorcycles was purchased by BMW for the reported 93 million euros. BMW Motorrad plans to keep operating Husqvarna Motorcycles being a separate enterprise. All development, sales and production routines, as well as the current workforce, have remained in place at its present area at Varese.In June 2012, BMW was listed since 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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