Bayerische Motoren Werke AG German born for Bavarian Motor Works, usually known under it's abbreviation BMW, is a German high-class vehicles, motorcycle, and engine manufacturing business 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 under BMW Motorrad, and plug-in electric cars underneath the BMW i sub-brand plus the "iPerformance" model designation within the regular BMW lineup. It is one on the best-selling luxury automakers on earth. The company is an element of the Euro Stoxx 50 stock trading game index.BMW was established being a business entity following a restructuring on the Rapp Motorenwerke aircraft making firm in 1917. After the end connected with World War I throughout 1918, BMW was forced to be able to cease aircraft-engine production through the terms of the Versailles Armistice Treaty. The company consequently altered to motorcycle production for the reason that restrictions of the treaty began to be lifted in 1923, followed by automobiles within 1928-29.The first car which often BMW successfully produced as well as the car which launched BMW on the path to automobile production was this Dixi, based on the Austin tx 7 and licensed through the Austin Motor Company inside Birmingham, England.
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BMW's primary significant aircraft engine, and commercial product connected with any sort, was the BMW IIIa inline-six liquid-cooled motor of 1918, known for good gas economy and high-altitude functionality. With German rearmament inside 1930s, the company again began producing aircraft engines for the Luftwaffe. The factory in Munich made ample using forced labour: foreign civilians, prisoners of war and inmates in the concentration camp Dachau. Among its successful Entire world War II engine models were the BMW 132 and BMW 801 air-cooled radial machines, 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 initially tested as a prime power plant from the first prototype of your Messerschmitt Me 262, the Me 262 V1, but in 1942 assessments the BMW prototype machines failed on takeoff having 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 the 003 jet, recording an official top speed of 800 km/h (497 mph). The first-ever four-engine fly aircraft ever flown have been the sixth and eighth prototypes on the Arado Ar 234 aircraft reconnaissance-bomber, which used BMW 003 aircraft for power. Through 1944 the 003's dependability improved, making it a appropriate power plant for oxygen frame designs competing for the Jägernotprogramm's light fighter production contract. which was won through the Heinkel He 162 Spatz layout. The BMW 003 aviation turbojet was also into account as the basic beginning point for a pioneering turboshaft powerplant with regard to German armored fighting motor vehicles in 1944-45, as the GT 101. Towards the end from the Third Reich, BMW developed some military aircraft projects for that Luftwaffe, the BMW Strahlbomber, the BMW Schnellbomber and also the BMW Strahljäger, but none of them were built.
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BMW 3-Series (F30)In 1992, BMW acquired a huge stake in California-based industrial design studio DesignworksUSA, which they fully obtained in 1995. In 1994, BMW bought the Uk Rover Group[19] (which right at that moment consisted of the Rover, Land Rover and MG brands and also the rights to defunct makes including Austin and Morris), and owned it intended for six years. By 2000, Rover was incurring massive losses and BMW chose to sell the combine. The MG and Rover brands were sold to 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 throughout 2001.
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Primary designer Chris Bangle announced his departure from BMW within February 2009, after serving on the planning team for nearly 17 years. He was replaced by means of Adrian van Hooydonk, Bangle's former right-hand guy. Bangle was known regarding his radical designs such as 2002 7-Series and the particular 2002 Z4. In July 2007, the production rights intended for Husqvarna Motorcycles was purchased by BMW for just a reported 93 million pounds. BMW Motorrad plans to keep operating Husqvarna Motorcycles as a separate enterprise. All development, sales and production things to do, as well as the existing workforce, have remained in position at its present area at Varese.In June 2012, BMW was listed for the reason that #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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