Bayerische Motoren Werke AG The german language for Bavarian Motor Functions, usually known under their abbreviation BMW, is a German luxury vehicles, motorcycle, and engine manufacturing company founded in 1916. Headquartered in Munich, Bavaria, Germany. BMW owns Mini cars and is also the parent company of Rolls-Royce Motor Cars. BMW produces motorcycles below BMW Motorrad, and plug-in electric cars within the BMW i sub-brand along with the "iPerformance" model designation from the regular BMW lineup. It is one from the best-selling luxury automakers in the world. The company is an element of the Euro Stoxx 50 currency markets index.BMW was established being a business entity following a restructuring with the Rapp Motorenwerke aircraft making firm in 1917. After the end connected with World War I inside 1918, BMW was forced to cease aircraft-engine production with the terms of the Versailles Armistice Treaty. The company consequently changed to motorcycle production since 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 on the path to automobile production was the particular Dixi, based on the Austin texas 7 and licensed from your Austin Motor Company throughout Birmingham, England.
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BMW's primary significant aircraft engine, and commercial product involving any sort, was the BMW IIIa inline-six liquid-cooled engine of 1918, known for good energy economy and high-altitude efficiency. With German rearmament inside 1930s, the company again begun producing aircraft engines for that Luftwaffe. The factory in Munich made ample usage of forced labour: foreign civilians, prisoners of war and inmates with the concentration camp Dachau. Among its successful Globe War II engine designs were the BMW 132 in addition to BMW 801 air-cooled radial applications, 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 within the first prototype of the Messerschmitt Me 262, the Me 262 V1, but in 1942 assessments the BMW prototype search engines failed on takeoff along with only the standby Junkers Jumo 210 nose-mounted piston engine powering it into a safe landing. [11][12] The few Myself 262 A-1b test examples built used a lot more developed version of the 003 jet, recording an official leading speed of 800 km/h (497 mph). The first-ever four-engine jet aircraft ever flown have been 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 appropriate power plant for air flow frame designs competing to the Jägernotprogramm's light fighter manufacturing contract. which was won from the Heinkel He 162 Spatz design and style. The BMW 003 aviation turbojet was also into account as the basic starting point for a pioneering turboshaft powerplant regarding German armored fighting cars in 1944-45, as the GT 101. Towards the end on the Third Reich, BMW developed some military aircraft projects for that Luftwaffe, the BMW Strahlbomber, the BMW Schnellbomber and the BMW Strahljäger, but none of these were built.
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BMW 3-Series (F30)In 1992, BMW acquired a significant stake in California-based industrial design studio DesignworksUSA, which they fully acquired in 1995. In 1994, BMW bought the British isles Rover Group[19] (which at that time consisted of the Rover, Land Rover and MG brands as well as the rights to defunct manufacturers including Austin and Morris), and owned it regarding six years. By 2000, Rover was incurring large losses and BMW decided 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 inside 2001.
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Chief designer Chris Bangle declared his departure from BMW with February 2009, after serving on the design team for nearly 18 years. He was replaced by simply Adrian van Hooydonk, Bangle's former right-hand male. Bangle was known intended for his radical designs for example the 2002 7-Series and the actual 2002 Z4. In July 2007, the production rights for Husqvarna Motorcycles was purchased by BMW for a reported 93 million euros. BMW Motorrad plans to carry on operating Husqvarna Motorcycles to be a separate enterprise. All development, sales and production activities, as well as the present workforce, have remained in area at its present place at Varese.In June 2012, BMW was listed as the #1 most reputable company on the 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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