Bayerische Motoren Werke AG A language like german for Bavarian Motor Operates, usually known under their abbreviation BMW, is a German luxurious vehicles, motorcycle, and engine manufacturing company founded in 1916. Headquartered in Munich, Bavaria, Germany. BMW owns Mini cars which is the parent company involving Rolls-Royce Motor Cars. BMW produces motorcycles beneath BMW Motorrad, and plug-in electric cars under the BMW i sub-brand plus the "iPerformance" model designation inside the regular BMW lineup. It is one on the best-selling luxury automakers on this planet. The company is a component of the Euro Stoxx 50 currency markets index.BMW was established being a business entity following a restructuring from the Rapp Motorenwerke aircraft making firm in 1917. After the end associated with World War I throughout 1918, BMW was forced to cease aircraft-engine production through the terms of the Versailles Armistice Treaty. The company consequently moved to motorcycle production for the reason that restrictions of the treaty started to be lifted in 1923, followed by automobiles inside 1928-29.The first car which usually BMW successfully produced and also the car which launched BMW on the road to automobile production was the particular Dixi, based on the Austin tx 7 and licensed in the Austin Motor Company inside Birmingham, England.
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BMW's very first significant aircraft engine, and commercial product regarding any sort, was the BMW IIIa inline-six liquid-cooled serp of 1918, known for good gasoline economy and high-altitude effectiveness. With German rearmament in the 1930s, the company again began producing aircraft engines for your Luftwaffe. The factory in Munich made ample using forced labour: foreign civilians, prisoners of war and inmates on the concentration camp Dachau. Among its successful World War II engine models were the BMW 132 along with BMW 801 air-cooled radial machines, 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 in the first prototype of your Messerschmitt Me 262, the Me 262 V1, but in 1942 testing the BMW prototype search engines failed on takeoff using only the standby Junkers Jumo 210 nose-mounted piston engine powering it into a safe landing. [11][12] The few Me personally 262 A-1b test examples built used the harder developed version of this 003 jet, recording an official top speed of 800 km/h (497 mph). The first-ever four-engine fly aircraft ever flown had been the sixth and eighth prototypes in the Arado Ar 234 aircraft reconnaissance-bomber, which used BMW 003 aircraft for power. Through 1944 the 003's trustworthiness improved, making it a appropriate power plant for air frame designs competing with the Jägernotprogramm's light fighter production contract. which was won by the Heinkel He 162 Spatz design and style. The BMW 003 aviation turbojet was also into consideration as the basic starting point for a pioneering turboshaft powerplant with regard to German armored fighting vehicles in 1944-45, as the GT 101. Towards the end from the Third Reich, BMW developed some military aircraft projects with the Luftwaffe, the BMW Strahlbomber, the BMW Schnellbomber along with the BMW Strahljäger, but none of them were built.
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BMW 3-Series (F30)In 1992, BMW acquired a significant stake in California-based commercial 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 and also the rights to defunct brands including Austin and Morris), and owned it with regard to six years. By 2000, Rover was incurring massive losses and BMW made a decision to sell the combine. The MG and Rover brands were sold for the Phoenix Consortium to form MG Rover, while Land Rover was taken over by Ford. BMW, meanwhile, retained the rights to construct the new Mini, which was launched within 2001.
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Chief designer Chris Bangle introduced his departure from BMW in February 2009, after serving on the structure team for nearly over seventeen years. He was replaced by simply Adrian van Hooydonk, Bangle's former right-hand man. Bangle was known regarding his radical designs such as the 2002 7-Series and the particular 2002 Z4. In July 2007, the production rights with regard to Husqvarna Motorcycles was purchased by BMW to get a reported 93 million euros. BMW Motorrad plans to stay operating Husqvarna Motorcycles being a separate enterprise. All development, sales and production pursuits, as well as the current workforce, have remained in spot at its present spot at Varese.In June 2012, BMW was listed because 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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