Bayerische Motoren Werke AG In german for Bavarian Motor Performs, usually known under it is abbreviation BMW, is a German extravagance vehicles, motorcycle, and engine manufacturing corporation 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 beneath BMW i sub-brand plus the "iPerformance" model designation inside the regular BMW lineup. It is one in the best-selling luxury automakers in the world. The company is a component of the Euro Stoxx 50 currency markets index.BMW was established being a business entity following a restructuring of the Rapp Motorenwerke aircraft creation firm in 1917. After the end of World War I within 1918, BMW was forced for you to cease aircraft-engine production because of the terms of the Versailles Armistice Treaty. The company consequently moved to motorcycle production because the restrictions of the treaty grew to become lifted in 1923, followed by automobiles throughout 1928-29.The first car which in turn BMW successfully produced plus the car which launched BMW on the road to automobile production was this Dixi, based on the Austin 7 and licensed from your Austin Motor Company in Birmingham, England.
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BMW's first significant aircraft engine, and commercial product associated 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 to the Luftwaffe. The factory in Munich made ample use of forced labour: foreign civilians, prisoners of war and inmates from the concentration camp Dachau. Among its successful Entire world War II engine types were the BMW 132 in addition to BMW 801 air-cooled radial applications, 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 initially tested as a prime power plant in the first prototype of this Messerschmitt Me 262, the Me 262 V1, but in 1942 exams the BMW prototype engines failed on takeoff using only the standby Junkers Jumo 210 nose-mounted piston engine powering it to a safe landing. [11][12] The few Everyone 262 A-1b test examples built used a lot more developed version of the particular 003 jet, recording an official top speed of 800 km/h (497 mph). The first-ever four-engine aircraft aircraft ever flown ended up the sixth and eighth prototypes from the Arado Ar 234 jet reconnaissance-bomber, which used BMW 003 aircraft for power. Through 1944 the 003's reliability improved, making it a acceptable power plant for air flow frame designs competing for that Jägernotprogramm's light fighter generation contract. which was won from the Heinkel He 162 Spatz layout. The BMW 003 aviation turbojet was also involved as the basic starting point for a pioneering turboshaft powerplant with regard to German armored fighting cars in 1944-45, as the GT tips. Towards the end from the Third Reich, BMW developed some military aircraft projects to the Luftwaffe, the BMW Strahlbomber, the BMW Schnellbomber along with the BMW Strahljäger, but none of these individuals 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 received in 1995. In 1994, BMW bought the English Rover Group[19] (which during the time consisted of the Rover, Land Rover and MG brands as well as the rights to defunct manufacturers including Austin and Morris), and owned it with regard to six years. By 2000, Rover was incurring massive losses and BMW thought we would sell the combine. The MG and Rover brands were sold towards Phoenix Consortium to variety MG Rover, while Land Rover was absorbed by Ford. BMW, meanwhile, retained the rights to make the new Mini, which was launched inside 2001.
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Chief designer Chris Bangle reported his departure from BMW in February 2009, after serving on the planning team for nearly 19 years. He was replaced by Adrian van Hooydonk, Bangle's former right-hand man. Bangle was known pertaining to his radical designs for example the 2002 7-Series and your 2002 Z4. In July 2007, the production rights with regard to Husqvarna Motorcycles was purchased by BMW for any reported 93 million euros. BMW Motorrad plans to keep operating Husqvarna Motorcycles being a separate enterprise. All development, sales and production routines, as well as the present workforce, have remained in place at its present area at Varese.In June 2012, BMW was listed for the reason that #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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