Bayerische Motoren Werke AG In german for Bavarian Motor Functions, usually known under it's abbreviation BMW, is a German luxury vehicles, motorcycle, and engine manufacturing corporation founded in 1916. Headquartered in Munich, Bavaria, Germany. BMW owns Mini cars and it is the parent company regarding Rolls-Royce Motor Cars. BMW produces motorcycles within BMW Motorrad, and plug-in electric cars within the BMW i sub-brand and 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 factor of the Euro Stoxx 50 stock exchange index.BMW was established as a business entity following a restructuring from the Rapp Motorenwerke aircraft producing firm in 1917. After the end regarding World War I with 1918, BMW was forced to help cease aircraft-engine production from the terms of the Versailles Armistice Treaty. The company consequently shifted to motorcycle production for the reason that restrictions of the treaty has become lifted in 1923, followed by automobiles throughout 1928-29.The first car which usually BMW successfully produced as well as the car which launched BMW on the road to automobile production was this Dixi, based on the Austin texas 7 and licensed through the Austin Motor Company inside Birmingham, England.
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BMW's 1st significant aircraft engine, and commercial product regarding any sort, was the BMW IIIa inline-six liquid-cooled powerplant of 1918, known for good energy resource economy and high-altitude functionality. With German rearmament from the 1930s, the company again started producing aircraft engines for the Luftwaffe. The factory in Munich made ample utilization of forced labour: foreign civilians, prisoners of war and inmates in the concentration camp Dachau. Among its successful Planet War II engine styles were the BMW 132 and also BMW 801 air-cooled radial motors, 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 machines failed on takeoff together with only the standby Junkers Jumo 210 nose-mounted piston engine powering it to your safe landing. [11][12] The few Me 262 A-1b test examples built used the harder developed version of the actual 003 jet, recording an official major speed of 800 km/h (497 mph). The first-ever four-engine fly aircraft ever flown ended up the sixth and eighth prototypes with the Arado Ar 234 jet reconnaissance-bomber, which used BMW 003 jets for power. Through 1944 the 003's consistency improved, making it a suitable power plant for air frame designs competing with the Jägernotprogramm's light fighter creation contract. which was won by the Heinkel He 162 Spatz design. The BMW 003 aviation turbojet was also into account as the basic beginning point for a pioneering turboshaft powerplant regarding German armored fighting autos in 1944-45, as the GT 101. Towards the end on the Third Reich, BMW developed some military aircraft projects with the Luftwaffe, the BMW Strahlbomber, the BMW Schnellbomber and also 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 professional 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 in addition to the rights to defunct models including Austin and Morris), and owned it regarding six years. By 2000, Rover was incurring large losses and BMW chose to sell the combine. The MG and Rover brands were sold on the Phoenix Consortium to variety MG Rover, while Land Rover was absorbed by Ford. BMW, meanwhile, retained the rights to create the new Mini, which was launched with 2001.
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Primary designer Chris Bangle reported his departure from BMW throughout 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 guy. Bangle was known for his radical designs such as the 2002 7-Series and this 2002 Z4. In July 2007, the production rights intended for Husqvarna Motorcycles was purchased by BMW for just a reported 93 million euros. BMW Motorrad plans to keep operating Husqvarna Motorcycles as being a separate enterprise. All development, sales and production actions, as well as the current workforce, have remained in spot at its present place at Varese.In June 2012, BMW was listed as the #1 most reputable company on the 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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