Bayerische Motoren Werke AG In german for Bavarian Motor Performs, usually known under it's abbreviation BMW, is a German luxurious vehicles, motorcycle, and engine manufacturing organization founded in 1916. Headquartered in Munich, Bavaria, Germany. BMW owns Mini cars and is also the parent company of Rolls-Royce Motor Cars. BMW produces motorcycles below BMW Motorrad, and plug-in electric cars underneath the BMW i sub-brand along with the "iPerformance" model designation in the regular BMW lineup. It is one in the best-selling luxury automakers on this planet. The company is a component of the Euro Stoxx 50 stock trading game index.BMW was established like a business entity following a restructuring of the Rapp Motorenwerke aircraft production firm in 1917. After the end of World War I with 1918, BMW was forced to be able to cease aircraft-engine production because of the terms of the Versailles Armistice Treaty. The company consequently altered to motorcycle production for the reason that restrictions of the treaty grew to become lifted in 1923, followed by automobiles inside 1928-29.The first car which usually BMW successfully produced as well as the car which launched BMW with respect to automobile production was the Dixi, based on the Austin 7 and licensed from the Austin Motor Company throughout Birmingham, England.
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BMW's 1st significant aircraft engine, and commercial product regarding any sort, was the BMW IIIa inline-six liquid-cooled powerplant of 1918, known for good energy resource economy and high-altitude efficiency. With German rearmament from 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 from the concentration camp Dachau. Among its successful World War II engine styles were the BMW 132 along with BMW 801 air-cooled radial engines, and the pioneering BMW 003 axial-flow turbojet, which powered the tiny, 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 in the first prototype of your Messerschmitt Me 262, the Me 262 V1, but in 1942 checks 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 Everyone 262 A-1b test examples built used greater developed version of the actual 003 jet, recording an official leading speed of 800 km/h (497 mph). The first-ever four-engine aircraft aircraft ever flown have been the sixth and eighth prototypes on the Arado Ar 234 fly reconnaissance-bomber, which used BMW 003 jets for power. Through 1944 the 003's trustworthiness improved, making it a suited power plant for air frame designs competing with the Jägernotprogramm's light fighter generation contract. which was won because of the Heinkel He 162 Spatz style. The BMW 003 aviation turbojet was also involved as the basic starting point for a pioneering turboshaft powerplant regarding German armored fighting automobiles in 1944-45, as the GT 101. Towards the end of the Third Reich, BMW developed some military aircraft projects with the Luftwaffe, the BMW Strahlbomber, the BMW Schnellbomber and also 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 industrial design studio DesignworksUSA, which they fully received in 1995. In 1994, BMW bought the English Rover Group[19] (which at the time consisted of the Rover, Land Rover and MG brands as well as the rights to defunct manufacturers including Austin and Morris), and owned it pertaining to six years. By 2000, Rover was incurring huge losses and BMW chose to sell the combine. The MG and Rover brands were sold on the Phoenix Consortium to variety MG Rover, while Land Rover was absorbed by Ford. BMW, meanwhile, retained the rights to create the new Mini, which was launched inside 2001.
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Fundamental designer Chris Bangle announced 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 guy. Bangle was known intended for his radical designs such as the 2002 7-Series and your 2002 Z4. In July 2007, the production rights regarding Husqvarna Motorcycles was purchased by BMW to get a reported 93 million pounds. BMW Motorrad plans to remain operating Husqvarna Motorcycles as a separate enterprise. All development, sales and production actions, as well as the latest workforce, have remained in location at its present location at Varese.In June 2012, BMW was listed since the #1 most reputable company in the world 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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