Bayerische Motoren Werke AG The german language for Bavarian Motor Performs, usually known under it's abbreviation BMW, is a German high end vehicles, motorcycle, and engine manufacturing company founded in 1916. Headquartered in Munich, Bavaria, Germany. BMW owns Mini cars and is also the parent company associated with Rolls-Royce Motor Cars. BMW produces motorcycles beneath BMW Motorrad, and plug-in electric cars under the BMW i sub-brand and also the "iPerformance" model designation from the regular BMW lineup. It is one of the best-selling luxury automakers on the planet. The company is a factor of the Euro Stoxx 50 currency markets index.BMW was established like a business entity following a restructuring from the Rapp Motorenwerke aircraft manufacturing firm in 1917. After the end of World War I throughout 1918, BMW was forced to cease aircraft-engine production because of the terms of the Versailles Armistice Treaty. The company consequently moved to motorcycle production since the restrictions of the treaty has become lifted in 1923, followed by automobiles inside 1928-29.The first car which often BMW successfully produced along with the car which launched BMW on the path to automobile production was the actual Dixi, based on the Austin tx 7 and licensed through the Austin Motor Company within Birmingham, England.
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BMW's initial significant aircraft engine, and commercial product connected with any sort, was the BMW IIIa inline-six liquid-cooled powerplant of 1918, known for good gas economy and high-altitude performance. With German rearmament from the 1930s, the company again commenced producing aircraft engines for your Luftwaffe. The factory in Munich made ample by using forced labour: foreign civilians, prisoners of war and inmates in the concentration camp Dachau. Among its successful Globe War II engine types were the BMW 132 in addition to BMW 801 air-cooled radial search 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 first tested as a prime power plant inside the first prototype of the actual Messerschmitt Me 262, the Me 262 V1, but in 1942 checks the BMW prototype engines failed on takeoff together with only the standby Junkers Jumo 210 nose-mounted piston engine powering it into a safe landing. [11][12] The few Everyone 262 A-1b test examples built used the greater developed version of this 003 jet, recording an official leading speed of 800 km/h (497 mph). The first-ever four-engine aircraft aircraft ever flown ended up the sixth and eighth prototypes of the Arado Ar 234 aircraft reconnaissance-bomber, which used BMW 003 aircraft for power. Through 1944 the 003's stability improved, making it a suited power plant for atmosphere frame designs competing for your Jägernotprogramm's light fighter manufacturing contract. which was won because of the Heinkel He 162 Spatz pattern. The BMW 003 aviation turbojet was also involved as the basic kick off point for a pioneering turboshaft powerplant pertaining to German armored fighting motor vehicles in 1944-45, as the GT information and facts. Towards the end in the Third Reich, BMW developed some military aircraft projects for that Luftwaffe, the BMW Strahlbomber, the BMW Schnellbomber and the BMW Strahljäger, but none of these people were built.
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BMW 3-Series (F30)In 1992, BMW acquired a significant stake in California-based professional design studio DesignworksUSA, which they fully obtained in 1995. In 1994, BMW bought the British isles Rover Group[19] (which back then consisted of the Rover, Land Rover and MG brands as well as the rights to defunct makes including Austin and Morris), and owned it regarding six years. By 2000, Rover was incurring large losses and BMW decided to sell the combine. The MG and Rover brands were sold towards the Phoenix Consortium to style MG Rover, while Land Rover was taken over by Ford. BMW, meanwhile, retained the rights to construct the new Mini, which was launched with 2001.
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Key designer Chris Bangle declared his departure from BMW in February 2009, after serving on the look team for nearly seventeen years. He was replaced by simply Adrian van Hooydonk, Bangle's former right-hand gentleman. Bangle was known regarding his radical designs including the 2002 7-Series and your 2002 Z4. In July 2007, the production rights regarding Husqvarna Motorcycles was purchased by BMW to get a reported 93 million euros. BMW Motorrad plans to remain operating Husqvarna Motorcycles to be a separate enterprise. All development, sales and production activities, as well as the existing workforce, have remained in area at its present position at Varese.In June 2012, BMW was listed because the #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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