Bayerische Motoren Werke AG The german language for Bavarian Motor Performs, usually known under it is abbreviation BMW, is a German luxurious vehicles, motorcycle, and engine manufacturing business founded in 1916. Headquartered in Munich, Bavaria, Germany. BMW owns Mini cars and is the parent company of Rolls-Royce Motor Cars. BMW produces motorcycles beneath BMW Motorrad, and plug-in electric cars underneath the BMW i sub-brand as well as the "iPerformance" model designation within the regular BMW lineup. It is one on the best-selling luxury automakers in the world. The company is a component of the Euro Stoxx 50 currency markets index.BMW was established as a business entity following a restructuring of the Rapp Motorenwerke aircraft manufacturing firm in 1917. After the end regarding World War I in 1918, BMW was forced to be able to cease aircraft-engine production from the terms of the Versailles Armistice Treaty. The company consequently changed to motorcycle production since the restrictions of the treaty started to be lifted in 1923, followed by automobiles within 1928-29.The first car that BMW successfully produced and also 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 within Birmingham, England.
Blue on 2006 Montego Blue Metallic Bmw Z4 3 0si Roadster 19885703
BMW's initial significant aircraft engine, and commercial product connected with any sort, was the BMW IIIa inline-six liquid-cooled powerplant of 1918, known for good gasoline economy and high-altitude effectiveness. With German rearmament inside 1930s, the company again begun producing aircraft engines for that Luftwaffe. The factory in Munich made ample utilization of forced labour: foreign civilians, prisoners of war and inmates on the concentration camp Dachau. Among its successful Globe War II engine types were the BMW 132 as well as BMW 801 air-cooled radial engines, and the pioneering BMW 003 axial-flow turbojet, which powered the teeny, 1944-1945-era jet-powered "emergency fighter", the Heinkel He 162 Spatz. The BMW 003 jet engine was tested as a prime power plant from the first prototype of the particular Messerschmitt Me 262, the Me 262 V1, but in 1942 tests the BMW prototype machines failed on takeoff together 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 a lot more developed version of the actual 003 jet, recording an official leading speed of 800 km/h (497 mph). The first-ever four-engine airliner aircraft ever flown have been the sixth and eighth prototypes with the Arado Ar 234 fly reconnaissance-bomber, which used BMW 003 aircraft for power. Through 1944 the 003's dependability improved, making it a suited power plant for air frame designs competing with the Jägernotprogramm's light fighter production contract. which was won with the Heinkel He 162 Spatz pattern. The BMW 003 aviation turbojet was also under consideration as the basic beginning for a pioneering turboshaft powerplant for German armored fighting autos in 1944-45, as the GT information and facts. Towards the end from the Third Reich, BMW developed some military aircraft projects for your Luftwaffe, the BMW Strahlbomber, the BMW Schnellbomber and the BMW Strahljäger, but none of them were built.
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BMW 3-Series (F30)In 1992, BMW acquired a substantial stake in California-based business design studio DesignworksUSA, which they fully acquired in 1995. In 1994, BMW bought the English Rover Group[19] (which back then consisted of the Rover, Land Rover and MG brands as well as the rights to defunct makes including Austin and Morris), and owned it for six years. By 2000, Rover was incurring huge losses and BMW chose to sell the combine. The MG and Rover brands were sold for the Phoenix Consortium to kind MG Rover, while Land Rover was taken over by Ford. BMW, meanwhile, retained the rights to make the new Mini, which was launched throughout 2001.
Fast forward to present day, BMW is doing it once again for the same
Key designer Chris Bangle reported his departure from BMW with February 2009, after serving on the design team for nearly seventeen years. He was replaced simply by Adrian van Hooydonk, Bangle's former right-hand person. Bangle was known intended for his radical designs such as the 2002 7-Series and the actual 2002 Z4. In July 2007, the production rights intended for Husqvarna Motorcycles was purchased by BMW to get a reported 93 million euros. BMW Motorrad plans to carry on operating Husqvarna Motorcycles as being a separate enterprise. All development, sales and production pursuits, as well as the present workforce, have remained in position at its present place at Varese.In June 2012, BMW was listed as 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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