Bayerische Motoren Werke AG A language like german for Bavarian Motor Operates, usually known under their abbreviation BMW, is a German luxury vehicles, motorcycle, and engine manufacturing business founded in 1916. Headquartered in Munich, Bavaria, Germany. BMW owns Mini cars which is the parent company connected with 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 inside regular BMW lineup. It is one in the best-selling luxury automakers on the planet. The company is a component of the Euro Stoxx 50 stock trading game index.BMW was established as a business entity following a restructuring from the Rapp Motorenwerke aircraft creation firm in 1917. After the end connected with World War I in 1918, BMW was forced to be able to cease aircraft-engine production by the terms of the Versailles Armistice Treaty. The company consequently shifted to motorcycle production because restrictions of the treaty began to be lifted in 1923, followed by automobiles in 1928-29.The first car which often 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 in Birmingham, England.
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BMW's initial significant aircraft engine, and commercial product involving any sort, was the BMW IIIa inline-six liquid-cooled engine of 1918, known for good gas economy and high-altitude efficiency. With German rearmament within the 1930s, the company again started producing aircraft engines for that Luftwaffe. The factory in Munich made ample by using forced labour: foreign civilians, prisoners of war and inmates in the concentration camp Dachau. Among its successful World War II engine types were the BMW 132 in addition to BMW 801 air-cooled radial machines, and the pioneering BMW 003 axial-flow turbojet, which powered the teeny, 1944-1945-era jet-powered "emergency fighter", the Heinkel He 162 Spatz. The BMW 003 jet engine was tested as a prime power plant in the first prototype of this Messerschmitt Me 262, the Me 262 V1, but in 1942 testing the BMW prototype applications failed on takeoff with only the standby Junkers Jumo 210 nose-mounted piston engine powering it to your safe landing. [11][12] The few Me personally 262 A-1b test examples built used the more developed version of this 003 jet, recording an official top speed of 800 km/h (497 mph). The first-ever four-engine aircraft aircraft ever flown were the sixth and eighth prototypes in the Arado Ar 234 plane reconnaissance-bomber, which used BMW 003 aircraft for power. Through 1944 the 003's stability improved, making it a suited power plant for air frame designs competing for your Jägernotprogramm's light fighter creation contract. which was won through 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 for German armored fighting motor vehicles in 1944-45, as the GT information and facts. 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 significant stake in California-based business design studio DesignworksUSA, which they fully bought 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 along with the rights to defunct brand names including Austin and Morris), and owned it pertaining to six years. By 2000, Rover was incurring massive losses and BMW made a decision to sell the combine. The MG and Rover brands were sold towards Phoenix Consortium to variety MG Rover, while Land Rover was absorbed by Ford. BMW, meanwhile, retained the rights to develop the new Mini, which was launched throughout 2001.
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Key designer Chris Bangle released his departure from BMW with February 2009, after serving on the look team for nearly over seventeen years. He was replaced by means of Adrian van Hooydonk, Bangle's former right-hand guy. Bangle was known pertaining to his radical designs such as 2002 7-Series and this 2002 Z4. In July 2007, the production rights intended for Husqvarna Motorcycles was purchased by BMW to get a reported 93 million pounds. BMW Motorrad plans to carry on operating Husqvarna Motorcycles as a separate enterprise. All development, sales and production routines, as well as the present workforce, have remained in location at its present area at Varese.In June 2012, BMW was listed because #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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