Bayerische Motoren Werke AG In german for Bavarian Motor Is effective, usually known under its abbreviation BMW, is a German luxury vehicles, motorcycle, and engine manufacturing company founded in 1916. Headquartered in Munich, Bavaria, Germany. BMW owns Mini cars and is particularly the parent company regarding Rolls-Royce Motor Cars. BMW produces motorcycles beneath BMW Motorrad, and plug-in electric cars beneath BMW i sub-brand and the "iPerformance" model designation within the regular BMW lineup. It is one with the best-selling luxury automakers on the globe. The company is a component of the Euro Stoxx 50 stock trading game index.BMW was established like a business entity following a restructuring with the Rapp Motorenwerke aircraft creation firm in 1917. After the end connected with World War I in 1918, BMW was forced to be able to cease aircraft-engine production through the terms of the Versailles Armistice Treaty. The company consequently moved to motorcycle production because the restrictions of the treaty started to be lifted in 1923, followed by automobiles throughout 1928-29.The first car which usually BMW successfully produced and the car which launched BMW on the road to automobile production was the actual Dixi, based on the Austin texas 7 and licensed through the Austin Motor Company throughout 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 fuel economy and high-altitude functionality. With German rearmament from the 1930s, the company again commenced producing aircraft engines with 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 Planet War II engine models were the BMW 132 in addition to BMW 801 air-cooled radial motors, and the pioneering BMW 003 axial-flow turbojet, which powered the small, 1944-1945-era jet-powered "emergency fighter", the Heinkel He 162 Spatz. The BMW 003 jet engine was tested as a prime power plant within the first prototype of the actual Messerschmitt Me 262, the Me 262 V1, but in 1942 testing the BMW prototype motors failed on takeoff with only the standby Junkers Jumo 210 nose-mounted piston engine powering it into a safe landing. [11][12] The few Me 262 A-1b test examples built used the more developed version of this 003 jet, recording an official top speed of 800 km/h (497 mph). The first-ever four-engine plane aircraft ever flown have been the sixth and eighth prototypes with the Arado Ar 234 airliner reconnaissance-bomber, which used BMW 003 aircraft for power. Through 1944 the 003's stability improved, making it a ideal power plant for air flow frame designs competing for that Jägernotprogramm's light fighter creation contract. which was won by the Heinkel He 162 Spatz style. The BMW 003 aviation turbojet was also into account as the basic beginning point for a pioneering turboshaft powerplant pertaining to German armored fighting motor vehicles in 1944-45, as the GT tips. Towards the end with 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 all of them 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 bought in 1995. In 1994, BMW bought the British isles Rover Group[19] (which at the time consisted of the Rover, Land Rover and MG brands as well as the rights to defunct models including Austin and Morris), and owned it regarding six years. By 2000, Rover was incurring enormous losses and BMW thought we would sell the combine. The MG and Rover brands were sold to the Phoenix Consortium to form MG Rover, while Land Rover was taken over by Ford. BMW, meanwhile, retained the rights to create the new Mini, which was launched with 2001.
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Key designer Chris Bangle declared his departure from BMW throughout February 2009, after serving on the look team for nearly over seventeen years. He was replaced by Adrian van Hooydonk, Bangle's former right-hand person. Bangle was known with regard to 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 for a reported 93 million euros. BMW Motorrad plans to keep operating Husqvarna Motorcycles like a separate enterprise. All development, sales and production activities, as well as the existing workforce, have remained in place at its present location at Varese.In June 2012, BMW was listed since the #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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