Bayerische Motoren Werke AG The german language for Bavarian Motor Functions, usually known under its abbreviation BMW, is a German luxury vehicles, motorcycle, and engine manufacturing firm founded in 1916. Headquartered in Munich, Bavaria, Germany. BMW owns Mini cars and is particularly the parent company connected 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 from the regular BMW lineup. It is one with the best-selling luxury automakers on this planet. 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 in the Rapp Motorenwerke aircraft manufacturing firm in 1917. After the end associated with World War I with 1918, BMW was forced to be able to cease aircraft-engine production by the terms of the Versailles Armistice Treaty. The company consequently shifted to motorcycle production for the reason that restrictions of the treaty grew to become lifted in 1923, followed by automobiles with 1928-29.The first car that BMW successfully produced along with the car which launched BMW with respect to automobile production was your Dixi, based on the Austin 7 and licensed through 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 serps of 1918, known for good fuel economy and high-altitude efficiency. With German rearmament from the 1930s, the company again started 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 Earth War II engine types were the BMW 132 and BMW 801 air-cooled radial engines, and the pioneering BMW 003 axial-flow turbojet, which powered the little, 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 in the first prototype of this Messerschmitt Me 262, the Me 262 V1, but in 1942 checks the BMW prototype engines failed on takeoff along with only the standby Junkers Jumo 210 nose-mounted piston engine powering it to some safe landing. [11][12] The few Me 262 A-1b test examples built used the greater developed version of the actual 003 jet, recording an official prime speed of 800 km/h (497 mph). The first-ever four-engine fly 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 dependability improved, making it a ideal power plant for air flow frame designs competing for the Jägernotprogramm's light fighter production contract. which was won with the Heinkel He 162 Spatz design. The BMW 003 aviation turbojet was also involved as the basic beginning point for a pioneering turboshaft powerplant regarding German armored fighting automobiles in 1944-45, as the GT information and facts. Towards the end of the Third Reich, BMW developed some military aircraft projects for the Luftwaffe, the BMW Strahlbomber, the BMW Schnellbomber plus the BMW Strahljäger, but none of these people were built.
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BMW 3-Series (F30)In 1992, BMW acquired a huge stake in California-based industrial design studio DesignworksUSA, which they fully received in 1995. In 1994, BMW bought the British isles Rover Group[19] (which right at that moment consisted of the Rover, Land Rover and MG brands along with the rights to defunct makes including Austin and Morris), and owned it pertaining to six years. By 2000, Rover was incurring big losses and BMW decided to sell the combine. The MG and Rover brands were sold to the Phoenix Consortium to variety MG Rover, while Land Rover was taken over by Ford. BMW, meanwhile, retained the rights to make the new Mini, which was launched inside 2001.
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Key designer Chris Bangle introduced his departure from BMW inside February 2009, after serving on the structure team for nearly 17 years. He was replaced simply by Adrian van Hooydonk, Bangle's former right-hand gentleman. Bangle was known intended for his radical designs such as 2002 7-Series and the actual 2002 Z4. In July 2007, the production rights pertaining to Husqvarna Motorcycles was purchased by BMW to get a reported 93 million euros. BMW Motorrad plans to continue operating Husqvarna Motorcycles being a separate enterprise. All development, sales and production things to do, as well as the latest workforce, have remained in spot at its present position at Varese.In June 2012, BMW was listed since the #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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