Bayerische Motoren Werke AG German for Bavarian Motor Functions, usually known under their abbreviation BMW, is a German extravagance vehicles, motorcycle, and engine manufacturing organization founded in 1916. Headquartered in Munich, Bavaria, Germany. BMW owns Mini cars and is particularly the parent company associated with Rolls-Royce Motor Cars. BMW produces motorcycles beneath 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 the globe. The company is a factor of the Euro Stoxx 50 stock trading game index.BMW was established like a business entity following a restructuring in the Rapp Motorenwerke aircraft creation firm in 1917. After the end of World War I within 1918, BMW was forced to help cease aircraft-engine production by the terms of the Versailles Armistice Treaty. The company consequently shifted to motorcycle production as the restrictions of the treaty grew to become lifted in 1923, followed by automobiles inside 1928-29.The first car which usually BMW successfully produced and the car which launched BMW on the road to automobile production was the Dixi, based on the Austin tx 7 and licensed on the Austin Motor Company inside Birmingham, England.
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BMW's very first significant aircraft engine, and commercial product connected with any sort, was the BMW IIIa inline-six liquid-cooled engine of 1918, known for good energy economy and high-altitude functionality. With German rearmament inside 1930s, the company again commenced producing aircraft engines to the Luftwaffe. The factory in Munich made ample utilization of forced labour: foreign civilians, prisoners of war and inmates from the concentration camp Dachau. Among its successful Planet War II engine designs were the BMW 132 as well as BMW 801 air-cooled radial engines, and the pioneering BMW 003 axial-flow turbojet, which powered the 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 inside first prototype of your Messerschmitt Me 262, the Me 262 V1, but in 1942 tests the BMW prototype engines failed on takeoff together with only the standby Junkers Jumo 210 nose-mounted piston engine powering it into a safe landing. [11][12] The few Myself 262 A-1b test examples built used greater developed version of your 003 jet, recording an official leading speed of 800 km/h (497 mph). The first-ever four-engine plane aircraft ever flown were being the sixth and eighth prototypes of the Arado Ar 234 airliner reconnaissance-bomber, which used BMW 003 aircraft for power. Through 1944 the 003's consistency improved, making it a suitable power plant for air frame designs competing with the Jägernotprogramm's light fighter production contract. which was won through the Heinkel He 162 Spatz style. The BMW 003 aviation turbojet was also into account as the basic starting point for a pioneering turboshaft powerplant intended for German armored fighting automobiles in 1944-45, as the GT information. Towards the end of the Third Reich, BMW developed some military aircraft projects with the Luftwaffe, the BMW Strahlbomber, the BMW Schnellbomber plus the BMW Strahljäger, but none of them were built.
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BMW 3-Series (F30)In 1992, BMW acquired a big stake in California-based industrial design studio DesignworksUSA, which they fully received in 1995. In 1994, BMW bought the British Rover Group[19] (which back then consisted of the Rover, Land Rover and MG brands plus the rights to defunct makes including Austin and Morris), and owned it intended for six years. By 2000, Rover was incurring massive losses and BMW decided to sell the combine. The MG and Rover brands were sold towards the Phoenix Consortium to type MG Rover, while Land Rover was taken over by Ford. BMW, meanwhile, retained the rights to create the new Mini, which was launched within 2001.
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Chief designer Chris Bangle introduced his departure from BMW within February 2009, after serving on the structure team for nearly seventeen years. He was replaced by means of Adrian van Hooydonk, Bangle's former right-hand person. Bangle was known regarding his radical designs such as 2002 7-Series and the actual 2002 Z4. In July 2007, the production rights with regard to Husqvarna Motorcycles was purchased by BMW for a reported 93 million euros. BMW Motorrad plans to continue operating Husqvarna Motorcycles as a separate enterprise. All development, sales and production routines, as well as the existing workforce, have remained in position at its present position at Varese.In June 2012, BMW was listed because 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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