Bayerische Motoren Werke AG A language like german for Bavarian Motor Functions, usually known under the 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 also the parent company associated with Rolls-Royce Motor Cars. BMW produces motorcycles within BMW Motorrad, and plug-in electric cars under the BMW i sub-brand and also the "iPerformance" model designation inside regular BMW lineup. It is one of the best-selling luxury automakers on earth. The company is a component of the Euro Stoxx 50 stock trading game index.BMW was established being a business entity following a restructuring of the Rapp Motorenwerke aircraft creation firm in 1917. After the end connected with World War I with 1918, BMW was forced for you to cease aircraft-engine production from the terms of the Versailles Armistice Treaty. The company consequently altered to motorcycle production as the restrictions of the treaty grew to become lifted in 1923, followed by automobiles within 1928-29.The first car which in turn BMW successfully produced as well as the car which launched BMW on the road to automobile production was your Dixi, based on the Austin texas 7 and licensed in the Austin Motor Company with Birmingham, England.
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BMW's 1st significant aircraft engine, and commercial product involving any sort, was the BMW IIIa inline-six liquid-cooled serp of 1918, known for good gas economy and high-altitude functionality. With German rearmament within the 1930s, the company again began producing aircraft engines to the Luftwaffe. The factory in Munich made ample usage of forced labour: foreign civilians, prisoners of war and inmates on the concentration camp Dachau. Among its successful Earth War II engine patterns were the BMW 132 as well as 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 first tested as a prime power plant inside first prototype of your Messerschmitt Me 262, the Me 262 V1, but in 1942 tests the BMW prototype machines 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 Us 262 A-1b test examples built used the greater developed version of this 003 jet, recording an official major speed of 800 km/h (497 mph). The first-ever four-engine aircraft aircraft ever flown have been the sixth and eighth prototypes on the Arado Ar 234 airliner reconnaissance-bomber, which used BMW 003 aircraft for power. Through 1944 the 003's reliability improved, making it a appropriate power plant for air frame designs competing for your Jägernotprogramm's light fighter output contract. which was won through the Heinkel He 162 Spatz pattern. The BMW 003 aviation turbojet was also in mind as the basic beginning point for a pioneering turboshaft powerplant intended for German armored fighting autos in 1944-45, as the GT information. Towards the end in the Third Reich, BMW developed some military aircraft projects for your Luftwaffe, the BMW Strahlbomber, the BMW Schnellbomber and 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 bought in 1995. In 1994, BMW bought the British isles Rover Group[19] (which back then consisted of the Rover, Land Rover and MG brands plus the rights to defunct makes including Austin and Morris), and owned it intended for six years. By 2000, Rover was incurring big losses and BMW decided to sell the combine. The MG and Rover brands were sold on the Phoenix Consortium to type MG Rover, while Land Rover was taken over by Ford. BMW, meanwhile, retained the rights to construct the new Mini, which was launched inside 2001.
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Main designer Chris Bangle reported his departure from BMW inside February 2009, after serving on the style team for nearly 17 years. He was replaced by simply Adrian van Hooydonk, Bangle's former right-hand male. Bangle was known regarding his radical designs such as the 2002 7-Series and the 2002 Z4. In July 2007, the production rights pertaining to Husqvarna Motorcycles was purchased by BMW for a reported 93 million pounds. BMW Motorrad plans to keep operating Husqvarna Motorcycles as a separate enterprise. All development, sales and production pursuits, as well as the existing workforce, have remained in location at its present position at Varese.In June 2012, BMW was listed because #1 most reputable company in the world 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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