Bayerische Motoren Werke AG German born for Bavarian Motor Operates, usually known under it's abbreviation BMW, is a German luxurious vehicles, motorcycle, and engine manufacturing business founded in 1916. Headquartered in Munich, Bavaria, Germany. BMW owns Mini cars and is particularly the parent company of Rolls-Royce Motor Cars. BMW produces motorcycles within BMW Motorrad, and plug-in electric cars beneath BMW i sub-brand plus the "iPerformance" model designation inside regular BMW lineup. It is one on the best-selling luxury automakers on this planet. The company is a factor of the Euro Stoxx 50 stock exchange index.BMW was established to be a business entity following a restructuring in the Rapp Motorenwerke aircraft making firm in 1917. After the end of World War I with 1918, BMW was forced to help cease aircraft-engine production with the terms of the Versailles Armistice Treaty. The company consequently changed to motorcycle production because the restrictions of the treaty grew to become lifted in 1923, followed by automobiles inside 1928-29.The first car that BMW successfully produced as well as the car which launched BMW in relation to automobile production was the Dixi, based on the Austin tx 7 and licensed from the Austin Motor Company throughout Birmingham, England.
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BMW's initial significant aircraft engine, and commercial product of any sort, was the BMW IIIa inline-six liquid-cooled powerplant of 1918, known for good energy resource economy and high-altitude overall performance. With German rearmament from the 1930s, the company again began producing aircraft engines for your Luftwaffe. The factory in Munich made ample use of forced labour: foreign civilians, prisoners of war and inmates with the concentration camp Dachau. Among its successful Earth War II engine patterns were the BMW 132 as well as BMW 801 air-cooled radial applications, and the pioneering BMW 003 axial-flow turbojet, which powered the tiny, 1944-1945-era jet-powered "emergency fighter", the Heinkel He 162 Spatz. The BMW 003 jet engine was initially 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 together with only the standby Junkers Jumo 210 nose-mounted piston engine powering it to some safe landing. [11][12] The few Me 262 A-1b test examples built used the greater developed version of the actual 003 jet, recording an official prime speed of 800 km/h (497 mph). The first-ever four-engine plane aircraft ever flown ended up the sixth and eighth prototypes in the Arado Ar 234 fly reconnaissance-bomber, which used BMW 003 aircraft for power. Through 1944 the 003's dependability improved, making it a ideal power plant for oxygen frame designs competing with the Jägernotprogramm's light fighter generation contract. which was won with the Heinkel He 162 Spatz layout. The BMW 003 aviation turbojet was also into consideration as the basic starting point for a pioneering turboshaft powerplant pertaining 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 plus 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 business design studio DesignworksUSA, which they fully bought in 1995. In 1994, BMW bought the United kingdom Rover Group[19] (which back then consisted of the Rover, Land Rover and MG brands plus the rights to defunct brands including Austin and Morris), and owned it regarding six years. By 2000, Rover was incurring huge losses and BMW made a decision to sell the combine. The MG and Rover brands were sold towards the Phoenix Consortium to kind MG Rover, while Land Rover was bought out by Ford. BMW, meanwhile, retained the rights to construct the new Mini, which was launched within 2001.
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Fundamental designer Chris Bangle released his departure from BMW throughout February 2009, after serving on the style team for nearly over seventeen years. He was replaced by means of Adrian van Hooydonk, Bangle's former right-hand person. Bangle was known regarding his radical designs including the 2002 7-Series and the particular 2002 Z4. In July 2007, the production rights with regard to Husqvarna Motorcycles was purchased by BMW for the reported 93 million euros. BMW Motorrad plans to continue operating Husqvarna Motorcycles to be a separate enterprise. All development, sales and production activities, as well as the latest workforce, have remained in place at its present spot at Varese.In June 2012, BMW was listed because 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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