Bayerische Motoren Werke AG In german for Bavarian Motor Is effective, usually known under it's abbreviation BMW, is a German extravagance vehicles, motorcycle, and engine manufacturing company 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 within BMW Motorrad, and plug-in electric cars underneath the BMW i sub-brand along with the "iPerformance" model designation from the regular BMW lineup. It is one from the best-selling luxury automakers on this planet. The company is a factor of the Euro Stoxx 50 stock exchange index.BMW was established like a business entity following a restructuring from the Rapp Motorenwerke aircraft producing firm in 1917. After the end involving World War I within 1918, BMW was forced to cease aircraft-engine production with the terms of the Versailles Armistice Treaty. The company consequently shifted to motorcycle production for the reason that restrictions of the treaty turned lifted in 1923, followed by automobiles in 1928-29.The first car that BMW successfully produced along with the car which launched BMW in relation to automobile production was the actual Dixi, based on the Austin tx 7 and licensed from your Austin Motor Company in Birmingham, England.
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BMW's first significant aircraft engine, and commercial product involving any sort, was the BMW IIIa inline-six liquid-cooled serp of 1918, known for good energy resource economy and high-altitude effectiveness. With German rearmament in the 1930s, the company again commenced producing aircraft engines with the Luftwaffe. The factory in Munich made ample use of forced labour: foreign civilians, prisoners of war and inmates in the concentration camp Dachau. Among its successful Planet War II engine types were the BMW 132 in addition to BMW 801 air-cooled radial motors, 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 initially tested as a prime power plant from the first prototype of the actual Messerschmitt Me 262, the Me 262 V1, but in 1942 testing the BMW prototype engines failed on takeoff together with only the standby Junkers Jumo 210 nose-mounted piston engine powering it to some safe landing. [11][12] The few Us 262 A-1b test examples built used the more developed version of this 003 jet, recording an official top speed of 800 km/h (497 mph). The first-ever four-engine airliner aircraft ever flown were being the sixth and eighth prototypes with the Arado Ar 234 airliner reconnaissance-bomber, which used BMW 003 jets for power. Through 1944 the 003's dependability improved, making it a suitable power plant for oxygen frame designs competing for that Jägernotprogramm's light fighter production 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 vehicles in 1944-45, as the GT information and facts. Towards the end in the Third Reich, BMW developed some military aircraft projects for your Luftwaffe, the BMW Strahlbomber, the BMW Schnellbomber plus the BMW Strahljäger, but none of these were built.
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BMW 3-Series (F30)In 1992, BMW acquired a large stake in California-based manufacturing design studio DesignworksUSA, which they fully obtained in 1995. In 1994, BMW bought the United kingdom Rover Group[19] (which back then 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 towards Phoenix Consortium to kind MG Rover, while Land Rover was bought out by Ford. BMW, meanwhile, retained the rights to develop the new Mini, which was launched throughout 2001.
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Primary designer Chris Bangle introduced his departure from BMW with February 2009, after serving on the style team for nearly 19 years. He was replaced by Adrian van Hooydonk, Bangle's former right-hand guy. Bangle was known intended for his radical designs like the 2002 7-Series and the particular 2002 Z4. In July 2007, the production rights for Husqvarna Motorcycles was purchased by BMW for the reported 93 million pounds. BMW Motorrad plans to carry on operating Husqvarna Motorcycles as a separate enterprise. All development, sales and production activities, as well as the actual workforce, have remained in spot at its present place at Varese.In June 2012, BMW was listed because 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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