Bayerische Motoren Werke AG German for Bavarian Motor Performs, usually known under its abbreviation BMW, is a German luxurious vehicles, motorcycle, and engine manufacturing organization founded in 1916. Headquartered in Munich, Bavaria, Germany. BMW owns Mini cars and is particularly the parent company involving Rolls-Royce Motor Cars. BMW produces motorcycles under BMW Motorrad, and plug-in electric cars under the BMW i sub-brand along with the "iPerformance" model designation from the regular BMW lineup. It is one in the best-selling luxury automakers on the globe. The company is a component of the Euro Stoxx 50 wall street game index.BMW was established as being a business entity following a restructuring from the Rapp Motorenwerke aircraft producing firm in 1917. After the end involving World War I in 1918, BMW was forced in order to cease aircraft-engine production through the terms of the Versailles Armistice Treaty. The company consequently shifted to motorcycle production because restrictions of the treaty has become lifted in 1923, followed by automobiles inside 1928-29.The first car that BMW successfully produced and the car which launched BMW on the road to automobile production was the actual Dixi, based on the Austin tx 7 and licensed from the Austin Motor Company inside Birmingham, England.
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BMW's primary significant aircraft engine, and commercial product associated with any sort, was the BMW IIIa inline-six liquid-cooled engine of 1918, known for good fuel economy and high-altitude effectiveness. With German rearmament in the 1930s, the company again began producing aircraft engines with the Luftwaffe. The factory in Munich made ample use of forced labour: foreign civilians, prisoners of war and inmates on the concentration camp Dachau. Among its successful World War II engine designs were the BMW 132 along with BMW 801 air-cooled radial applications, 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 within the first prototype of your Messerschmitt Me 262, the Me 262 V1, but in 1942 testing the BMW prototype engines failed on takeoff along with only the standby Junkers Jumo 210 nose-mounted piston engine powering it to a safe landing. [11][12] The few Me personally 262 A-1b test examples built used the more developed version of your 003 jet, recording an official prime speed of 800 km/h (497 mph). The first-ever four-engine aircraft aircraft ever flown had been the sixth and eighth prototypes of the Arado Ar 234 plane reconnaissance-bomber, which used BMW 003 aircraft for power. Through 1944 the 003's reliability improved, making it a ideal power plant for oxygen frame designs competing for that Jägernotprogramm's light fighter creation contract. which was won from the Heinkel He 162 Spatz design. The BMW 003 aviation turbojet was also in mind as the basic starting place for a pioneering turboshaft powerplant with regard to German armored fighting autos in 1944-45, as the GT tips. Towards the end in the Third Reich, BMW developed some military aircraft projects with the Luftwaffe, the BMW Strahlbomber, the BMW Schnellbomber as well as the BMW Strahljäger, but none of all of them were built.
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BMW 3-Series (F30)In 1992, BMW acquired a big stake in California-based professional design studio DesignworksUSA, which they fully purchased in 1995. In 1994, BMW bought the British Rover Group[19] (which at the time consisted of the Rover, Land Rover and MG brands in addition to the rights to defunct brands including Austin and Morris), and owned it pertaining to six years. By 2000, Rover was incurring huge losses and BMW decided to sell the combine. The MG and Rover brands were sold towards Phoenix Consortium to style MG Rover, while Land Rover was absorbed by Ford. BMW, meanwhile, retained the rights to build the new Mini, which was launched in 2001.
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Main designer Chris Bangle introduced his departure from BMW with February 2009, after serving on the structure team for nearly 19 years. He was replaced through Adrian van Hooydonk, Bangle's former right-hand male. Bangle was known regarding his radical designs including the 2002 7-Series and this 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 things to do, 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 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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