Bayerische Motoren Werke AG In german for Bavarian Motor Operates, usually known under it's abbreviation BMW, is a German high-class vehicles, motorcycle, and engine manufacturing company founded in 1916. Headquartered in Munich, Bavaria, Germany. BMW owns Mini cars and is particularly the parent company of Rolls-Royce Motor Cars. BMW produces motorcycles within BMW Motorrad, and plug-in electric cars underneath the BMW i sub-brand plus the "iPerformance" model designation in the regular BMW lineup. It is one from 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 as being a business entity following a restructuring on the Rapp Motorenwerke aircraft producing firm in 1917. After the end involving World War I in 1918, BMW was forced in order to cease aircraft-engine production by the terms of the Versailles Armistice Treaty. The company consequently altered to motorcycle production since the restrictions of the treaty has become lifted in 1923, followed by automobiles in 1928-29.The first car which usually BMW successfully produced along with the car which launched BMW on the path to automobile production was the Dixi, based on the Austin 7 and licensed through the Austin Motor Company inside Birmingham, England.
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BMW's initial significant aircraft engine, and commercial product regarding any sort, was the BMW IIIa inline-six liquid-cooled serp of 1918, known for good fuel economy and high-altitude overall performance. With German rearmament in the 1930s, the company again begun producing aircraft engines for the Luftwaffe. The factory in Munich made ample usage of forced labour: foreign civilians, prisoners of war and inmates on the concentration camp Dachau. Among its successful World War II engine patterns were the BMW 132 in addition to BMW 801 air-cooled radial motors, and the pioneering BMW 003 axial-flow turbojet, which powered the very small, 1944-1945-era jet-powered "emergency fighter", the Heinkel He 162 Spatz. The BMW 003 jet engine was tested as a prime power plant in the first prototype of the particular Messerschmitt Me 262, the Me 262 V1, but in 1942 tests the BMW prototype engines failed on takeoff with only the standby Junkers Jumo 210 nose-mounted piston engine powering it to your safe landing. [11][12] The few Me 262 A-1b test examples built used a lot more developed version of the 003 jet, recording an official best speed of 800 km/h (497 mph). The first-ever four-engine aircraft aircraft ever flown had been the sixth and eighth prototypes of the Arado Ar 234 plane reconnaissance-bomber, which used BMW 003 jets for power. Through 1944 the 003's trustworthiness improved, making it a ideal power plant for air frame designs competing to the Jägernotprogramm's light fighter output contract. which was won from the Heinkel He 162 Spatz layout. The BMW 003 aviation turbojet was also in mind as the basic kick off point for a pioneering turboshaft powerplant with regard to German armored fighting cars in 1944-45, as the GT information. Towards the end with 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 these were built.
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BMW 3-Series (F30)In 1992, BMW acquired a large stake in California-based industrial design studio DesignworksUSA, which they fully purchased 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 models including Austin and Morris), and owned it with regard to six years. By 2000, Rover was incurring large losses and BMW made a decision to sell the combine. The MG and Rover brands were sold on the Phoenix Consortium to style MG Rover, while Land Rover was taken over by Ford. BMW, meanwhile, retained the rights to make the new Mini, which was launched within 2001.
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Fundamental designer Chris Bangle declared his departure from BMW inside February 2009, after serving on the look team for nearly 17 years. He was replaced through Adrian van Hooydonk, Bangle's former right-hand gentleman. Bangle was known for his radical designs such as 2002 7-Series and the particular 2002 Z4. In July 2007, the production rights regarding Husqvarna Motorcycles was purchased by BMW for just a reported 93 million pounds. BMW Motorrad plans to continue operating Husqvarna Motorcycles as a separate enterprise. All development, sales and production things to do, as well as the actual workforce, have remained in position at its present position at Varese.In June 2012, BMW was listed because #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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