Bayerische Motoren Werke AG German for Bavarian Motor Is effective, usually known under it is abbreviation BMW, is a German luxurious vehicles, motorcycle, and engine manufacturing firm founded in 1916. Headquartered in Munich, Bavaria, Germany. BMW owns Mini cars and is the parent company of Rolls-Royce Motor Cars. BMW produces motorcycles beneath BMW Motorrad, and plug-in electric cars beneath the BMW i sub-brand as well as the "iPerformance" model designation inside regular BMW lineup. It is one with the best-selling luxury automakers on earth. 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 within 1918, BMW was forced to be able to cease aircraft-engine production through the terms of the Versailles Armistice Treaty. The company consequently changed to motorcycle production for the reason that restrictions of the treaty began to be lifted in 1923, followed by automobiles in 1928-29.The first car which BMW successfully produced and the car which launched BMW with respect to automobile production was the actual Dixi, based on the Austin tx 7 and licensed from your Austin Motor Company throughout Birmingham, England.
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BMW's 1st significant aircraft engine, and commercial product of any sort, was the BMW IIIa inline-six liquid-cooled serp of 1918, known for good energy economy and high-altitude efficiency. With German rearmament inside 1930s, the company again begun producing aircraft engines to the 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 Planet War II engine types were the BMW 132 as well as BMW 801 air-cooled radial motors, and the pioneering BMW 003 axial-flow turbojet, which powered the little, 1944-1945-era jet-powered "emergency fighter", the Heinkel He 162 Spatz. The BMW 003 jet engine was tested as a prime power plant inside the first prototype of the actual Messerschmitt Me 262, the Me 262 V1, but in 1942 assessments the BMW prototype machines failed on takeoff using only the standby Junkers Jumo 210 nose-mounted piston engine powering it with a safe landing. [11][12] The few Everyone 262 A-1b test examples built used the more developed version of the particular 003 jet, recording an official prime speed of 800 km/h (497 mph). The first-ever four-engine jet aircraft ever flown had been the sixth and eighth prototypes of the Arado Ar 234 airliner reconnaissance-bomber, which used BMW 003 jets for power. Through 1944 the 003's stability improved, making it a suitable power plant for oxygen frame designs competing for your Jägernotprogramm's light fighter creation contract. which was won from 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 with regard to German armored fighting automobiles in 1944-45, as the GT info. Towards the end with the Third Reich, BMW developed some military aircraft projects for the Luftwaffe, the BMW Strahlbomber, the BMW Schnellbomber and also the BMW Strahljäger, but none of these people 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 acquired in 1995. In 1994, BMW bought the English Rover Group[19] (which back then consisted of the Rover, Land Rover and MG brands and also the rights to defunct manufacturers including Austin and Morris), and owned it intended for six years. By 2000, Rover was incurring huge losses and BMW chose to sell the combine. The MG and Rover brands were sold on the Phoenix Consortium to kind MG Rover, while Land Rover was taken over by Ford. BMW, meanwhile, retained the rights to construct the new Mini, which was launched with 2001.
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Main designer Chris Bangle released his departure from BMW in February 2009, after serving on the design team for nearly over seventeen years. He was replaced simply by Adrian van Hooydonk, Bangle's former right-hand male. Bangle was known for his radical designs such as the 2002 7-Series and the particular 2002 Z4. In July 2007, the production rights intended for Husqvarna Motorcycles was purchased by BMW to get a reported 93 million euros. BMW Motorrad plans to carry on operating Husqvarna Motorcycles to be a separate enterprise. All development, sales and production routines, as well as the actual workforce, have remained in spot at its present place at Varese.In June 2012, BMW was listed for the reason that #1 most reputable company on earth 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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