Bayerische Motoren Werke AG In german for Bavarian Motor Operates, usually known under its abbreviation BMW, is a German high end vehicles, motorcycle, and engine manufacturing organization 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 below BMW Motorrad, and plug-in electric cars beneath BMW i sub-brand along with the "iPerformance" model designation inside the regular BMW lineup. It is one of the best-selling luxury automakers on earth. The company is a component of the Euro Stoxx 50 wall street game index.BMW was established to be a business entity following a restructuring with the Rapp Motorenwerke aircraft making firm in 1917. After the end regarding World War I within 1918, BMW was forced for you to cease aircraft-engine production because of the terms of the Versailles Armistice Treaty. The company consequently altered to motorcycle production because restrictions of the treaty started to be lifted in 1923, followed by automobiles within 1928-29.The first car which often BMW successfully produced and also the car which launched BMW with respect to automobile production was this Dixi, based on the Austin 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 gas economy and high-altitude performance. With German rearmament in the 1930s, the company again begun producing aircraft engines for the Luftwaffe. The factory in Munich made ample utilization of forced labour: foreign civilians, prisoners of war and inmates with the concentration camp Dachau. Among its successful World War II engine types were the BMW 132 as well as 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 initially tested as a prime power plant inside the first prototype of this Messerschmitt Me 262, the Me 262 V1, but in 1942 testing the BMW prototype machines failed on takeoff using only the standby Junkers Jumo 210 nose-mounted piston engine powering it to some safe landing. [11][12] The few Me 262 A-1b test examples built used a lot more developed version of the particular 003 jet, recording an official best speed of 800 km/h (497 mph). The first-ever four-engine aircraft aircraft ever flown were the sixth and eighth prototypes on the Arado Ar 234 plane reconnaissance-bomber, which used BMW 003 aircraft for power. Through 1944 the 003's dependability improved, making it a acceptable power plant for oxygen frame designs competing for the Jägernotprogramm's light fighter production contract. which was won because of the Heinkel He 162 Spatz pattern. The BMW 003 aviation turbojet was also into consideration as the basic starting point for a pioneering turboshaft powerplant regarding German armored fighting vehicles in 1944-45, as the GT 101. Towards the end of the Third Reich, BMW developed some military aircraft projects for the Luftwaffe, the BMW Strahlbomber, the BMW Schnellbomber along with the BMW Strahljäger, but none of these individuals were built.
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BMW 3-Series (F30)In 1992, BMW acquired a significant stake in California-based commercial design studio DesignworksUSA, which they fully received in 1995. In 1994, BMW bought the British Rover Group[19] (which at that time consisted of the Rover, Land Rover and MG brands plus the rights to defunct models including Austin and Morris), and owned it with regard to six years. By 2000, Rover was incurring large losses and BMW thought i would sell the combine. The MG and Rover brands were sold for the Phoenix Consortium to form MG Rover, while Land Rover was absorbed by Ford. BMW, meanwhile, retained the rights to develop the new Mini, which was launched within 2001.
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Fundamental designer Chris Bangle announced his departure from BMW with February 2009, after serving on the style team for nearly 17 years. He was replaced by means of Adrian van Hooydonk, Bangle's former right-hand man. Bangle was known pertaining to his radical designs such as the 2002 7-Series and your 2002 Z4. In July 2007, the production rights for Husqvarna Motorcycles was purchased by BMW for any reported 93 million pounds. BMW Motorrad plans to continue operating Husqvarna Motorcycles to be a separate enterprise. All development, sales and production routines, as well as the latest workforce, have remained in position at its present position at Varese.In June 2012, BMW was listed for the reason that #1 most reputable company on this 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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