Bayerische Motoren Werke AG In german for Bavarian Motor Is effective, usually known under it's abbreviation BMW, is a German luxurious vehicles, motorcycle, and engine manufacturing corporation 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 within BMW Motorrad, and plug-in electric cars within the BMW i sub-brand and the "iPerformance" model designation within the regular BMW lineup. It is one in the best-selling luxury automakers on this planet. The company is an element of the Euro Stoxx 50 stock exchange index.BMW was established to be a business entity following a restructuring with the Rapp Motorenwerke aircraft producing firm in 1917. After the end connected with World War I in 1918, BMW was forced for you to cease aircraft-engine production because of 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 with 1928-29.The first car that BMW successfully produced as well as the car which launched BMW on the road to automobile production was the actual Dixi, based on the Austin 7 and licensed in the Austin Motor Company throughout Birmingham, England.
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BMW's first significant aircraft engine, and commercial product of any sort, was the BMW IIIa inline-six liquid-cooled serps of 1918, known for good energy economy and high-altitude effectiveness. With German rearmament from the 1930s, the company again started producing aircraft engines for your Luftwaffe. The factory in Munich made ample using forced labour: foreign civilians, prisoners of war and inmates from the concentration camp Dachau. Among its successful Entire world War II engine models were the BMW 132 and 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 the Messerschmitt Me 262, the Me 262 V1, but in 1942 testing the BMW prototype search engines failed on takeoff together with 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 particular 003 jet, recording an official leading speed of 800 km/h (497 mph). The first-ever four-engine airliner aircraft ever flown had been the sixth and eighth prototypes from the Arado Ar 234 jet reconnaissance-bomber, which used BMW 003 jets for power. Through 1944 the 003's stability improved, making it a suited power plant for fresh air frame designs competing for the Jägernotprogramm's light fighter output contract. which was won with the Heinkel He 162 Spatz design and style. The BMW 003 aviation turbojet was also in mind as the basic beginning for a pioneering turboshaft powerplant pertaining to German armored fighting automobiles in 1944-45, as the GT info. Towards the end of the Third Reich, BMW developed some military aircraft projects for that Luftwaffe, the BMW Strahlbomber, the BMW Schnellbomber plus the BMW Strahljäger, but none of these individuals were built.
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BMW 3-Series (F30)In 1992, BMW acquired a big stake in California-based industrial design studio DesignworksUSA, which they fully obtained in 1995. In 1994, BMW bought the British Rover Group[19] (which during the time consisted of the Rover, Land Rover and MG brands as well as the rights to defunct models including Austin and Morris), and owned it for six years. By 2000, Rover was incurring huge losses and BMW chose to sell the combine. The MG and Rover brands were sold for the 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 within 2001.
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Chief designer Chris Bangle declared his departure from BMW with February 2009, after serving on the style team for nearly 17 years. He was replaced simply by Adrian van Hooydonk, Bangle's former right-hand male. Bangle was known regarding his radical designs like the 2002 7-Series and this 2002 Z4. In July 2007, the production rights pertaining to Husqvarna Motorcycles was purchased by BMW to get a reported 93 million pounds. BMW Motorrad plans to continue operating Husqvarna Motorcycles being a separate enterprise. All development, sales and production activities, as well as the present workforce, have remained in spot at its present position at Varese.In June 2012, BMW was listed as the #1 most reputable company on the globe 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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