Bayerische Motoren Werke AG In german for Bavarian Motor Performs, usually known under it is abbreviation BMW, is a German luxury vehicles, motorcycle, and engine manufacturing firm founded in 1916. Headquartered in Munich, Bavaria, Germany. BMW owns Mini cars and is the parent company associated with Rolls-Royce Motor Cars. BMW produces motorcycles underneath BMW Motorrad, and plug-in electric cars underneath the BMW i sub-brand and the "iPerformance" model designation inside the regular BMW lineup. It is one from the best-selling luxury automakers on earth. The company is a component of the Euro Stoxx 50 wall street game index.BMW was established as a business entity following a restructuring with the Rapp Motorenwerke aircraft manufacturing firm in 1917. After the end involving World War I with 1918, BMW was forced to help cease aircraft-engine production through the terms of the Versailles Armistice Treaty. The company consequently changed to motorcycle production as the restrictions of the treaty has become lifted in 1923, followed by automobiles with 1928-29.The first car which BMW successfully produced along with the car which launched BMW with respect to automobile production was the Dixi, based on the Austin texas 7 and licensed through the Austin Motor Company within 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 motor of 1918, known for good fuel economy and high-altitude performance. With German rearmament inside the 1930s, the company again started out producing aircraft engines to the Luftwaffe. The factory in Munich made ample using forced labour: foreign civilians, prisoners of war and inmates of the concentration camp Dachau. Among its successful Entire world War II engine styles were the BMW 132 in addition to BMW 801 air-cooled radial machines, 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 tested as a prime power plant within the first prototype of your Messerschmitt Me 262, the Me 262 V1, but in 1942 checks the BMW prototype motors 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 more developed version of this 003 jet, recording an official prime speed of 800 km/h (497 mph). The first-ever four-engine plane aircraft ever flown had been the sixth and eighth prototypes of the Arado Ar 234 airliner reconnaissance-bomber, which used BMW 003 aircraft for power. Through 1944 the 003's consistency improved, making it a acceptable power plant for atmosphere frame designs competing for the Jägernotprogramm's light fighter generation contract. which was won by the Heinkel He 162 Spatz design. The BMW 003 aviation turbojet was also in mind as the basic starting point for a pioneering turboshaft powerplant intended for German armored fighting vehicles in 1944-45, as the GT information. 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 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 acquired in 1995. In 1994, BMW bought the British Rover Group[19] (which at that time consisted of the Rover, Land Rover and MG brands and also the rights to defunct brand names 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 towards the Phoenix Consortium to style MG Rover, while Land Rover was absorbed by Ford. BMW, meanwhile, retained the rights to make the new Mini, which was launched throughout 2001.
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Key designer Chris Bangle introduced his departure from BMW within February 2009, after serving on the structure team for nearly 18 years. He was replaced by simply Adrian van Hooydonk, Bangle's former right-hand person. Bangle was known regarding his radical designs such as 2002 7-Series and your 2002 Z4. In July 2007, the production rights intended for Husqvarna Motorcycles was purchased by BMW for a reported 93 million euros. BMW Motorrad plans to keep operating Husqvarna Motorcycles as a separate enterprise. All development, sales and production activities, as well as the existing workforce, have remained in place at its present position at Varese.In June 2012, BMW was listed because #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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