Bayerische Motoren Werke AG The german language for Bavarian Motor Works, usually known under it's abbreviation BMW, is a German high end vehicles, motorcycle, and engine manufacturing firm founded in 1916. Headquartered in Munich, Bavaria, Germany. BMW owns Mini cars and is the parent company regarding Rolls-Royce Motor Cars. BMW produces motorcycles within BMW Motorrad, and plug-in electric cars underneath the BMW i sub-brand and the "iPerformance" model designation from the regular BMW lineup. It is one of the best-selling luxury automakers on the planet. The company is an element of the Euro Stoxx 50 stock market index.BMW was established as a business entity following a restructuring on the Rapp Motorenwerke aircraft manufacturing firm in 1917. After the end regarding World War I within 1918, BMW was forced to be able to cease aircraft-engine production from the terms of the Versailles Armistice Treaty. The company consequently moved to motorcycle production for the reason that restrictions of the treaty turned lifted in 1923, followed by automobiles with 1928-29.The first car which usually BMW successfully produced along with the car which launched BMW in relation to automobile production was this Dixi, based on the Austin texas 7 and licensed on the Austin Motor Company within Birmingham, England.
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BMW's 1st 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 functionality. With German rearmament inside the 1930s, the company again commenced producing aircraft engines to the Luftwaffe. The factory in Munich made ample usage of forced labour: foreign civilians, prisoners of war and inmates of the concentration camp Dachau. Among its successful Planet War II engine models were the BMW 132 in addition to BMW 801 air-cooled radial applications, 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 first tested as a prime power plant within the first prototype of this Messerschmitt Me 262, the Me 262 V1, but in 1942 tests the BMW prototype applications failed on takeoff along with only the standby Junkers Jumo 210 nose-mounted piston engine powering it into a safe landing. [11][12] The few Myself 262 A-1b test examples built used the harder developed version of the actual 003 jet, recording an official prime speed of 800 km/h (497 mph). The first-ever four-engine airliner aircraft ever flown had been the sixth and eighth prototypes in the Arado Ar 234 jet reconnaissance-bomber, which used BMW 003 jets for power. Through 1944 the 003's consistency improved, making it a appropriate power plant for air frame designs competing to the Jägernotprogramm's light fighter manufacturing contract. which was won by the Heinkel He 162 Spatz design. The BMW 003 aviation turbojet was also in mind as the basic starting point for a pioneering turboshaft powerplant intended for German armored fighting vehicles in 1944-45, as the GT information. Towards the end from the Third Reich, BMW developed some military aircraft projects for your Luftwaffe, the BMW Strahlbomber, the BMW Schnellbomber as well as the BMW Strahljäger, but none of all of them were built.
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BMW 3-Series (F30)In 1992, BMW acquired a substantial stake in California-based manufacturing design studio DesignworksUSA, which they fully bought in 1995. In 1994, BMW bought the British isles Rover Group[19] (which during the time consisted of the Rover, Land Rover and MG brands as well as the rights to defunct brand names including Austin and Morris), and owned it intended for six years. By 2000, Rover was incurring large losses and BMW thought i would sell the combine. The MG and Rover brands were sold on 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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Main designer Chris Bangle announced his departure from BMW with February 2009, after serving on the look team for nearly over seventeen years. He was replaced through Adrian van Hooydonk, Bangle's former right-hand gentleman. Bangle was known regarding his radical designs such as 2002 7-Series and the actual 2002 Z4. In July 2007, the production rights for Husqvarna Motorcycles was purchased by BMW for a reported 93 million euros. BMW Motorrad plans to carry on operating Husqvarna Motorcycles as being a separate enterprise. All development, sales and production activities, as well as the present workforce, have remained in area at its present area at Varese.In June 2012, BMW was listed for the reason that #1 most reputable company on earth 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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