Bayerische Motoren Werke AG The german language for Bavarian Motor Works, usually known under the abbreviation BMW, is a German high-class vehicles, motorcycle, and engine manufacturing organization 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 beneath BMW Motorrad, and plug-in electric cars beneath BMW i sub-brand and the "iPerformance" model designation in the regular BMW lineup. It is one of the best-selling luxury automakers on the globe. The company is an element of the Euro Stoxx 50 stock trading game index.BMW was established like a business entity following a restructuring from the Rapp Motorenwerke aircraft producing firm in 1917. After the end associated with World War I with 1918, BMW was forced to be able to cease aircraft-engine production through the terms of the Versailles Armistice Treaty. The company consequently moved to motorcycle production as the restrictions of the treaty has become lifted in 1923, followed by automobiles inside 1928-29.The first car which usually BMW successfully produced and the car which launched BMW in relation to automobile production was the actual Dixi, based on the Austin texas 7 and licensed through the Austin Motor Company with Birmingham, England.
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BMW's first significant aircraft engine, and commercial product connected with any sort, was the BMW IIIa inline-six liquid-cooled engine of 1918, known for good gasoline economy and high-altitude efficiency. With German rearmament inside the 1930s, the company again started out producing aircraft engines for that 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 patterns were the BMW 132 and BMW 801 air-cooled radial applications, 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 inside first prototype of the actual Messerschmitt Me 262, the Me 262 V1, but in 1942 exams the BMW prototype machines failed on takeoff using only the standby Junkers Jumo 210 nose-mounted piston engine powering it to a safe landing. [11][12] The few Me 262 A-1b test examples built used the greater developed version of the particular 003 jet, recording an official top speed of 800 km/h (497 mph). The first-ever four-engine fly aircraft ever flown had been the sixth and eighth prototypes from the Arado Ar 234 plane reconnaissance-bomber, which used BMW 003 jets for power. Through 1944 the 003's dependability improved, making it a appropriate power plant for air flow frame designs competing for your Jägernotprogramm's light fighter creation contract. which was won by the Heinkel He 162 Spatz style. The BMW 003 aviation turbojet was also under consideration as the basic starting point for a pioneering turboshaft powerplant intended for German armored fighting motor vehicles in 1944-45, as the GT info. Towards the end on the Third Reich, BMW developed some military aircraft projects to the 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 huge stake in California-based manufacturing design studio DesignworksUSA, which they fully obtained in 1995. In 1994, BMW bought the British Rover Group[19] (which right at that moment consisted of the Rover, Land Rover and MG brands and also the rights to defunct manufacturers including Austin and Morris), and owned it with regard to six years. By 2000, Rover was incurring large losses and BMW thought i would sell the combine. The MG and Rover brands were sold for the Phoenix Consortium to style MG Rover, while Land Rover was taken over by Ford. BMW, meanwhile, retained the rights to build the new Mini, which was launched with 2001.
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Chief designer Chris Bangle introduced his departure from BMW inside February 2009, after serving on the planning team for nearly seventeen years. He was replaced through Adrian van Hooydonk, Bangle's former right-hand man. Bangle was known with regard to his radical designs for example the 2002 7-Series and this 2002 Z4. In July 2007, the production rights for Husqvarna Motorcycles was purchased by BMW for just a reported 93 million pounds. BMW Motorrad plans to stay operating Husqvarna Motorcycles being a separate enterprise. All development, sales and production routines, as well as the actual workforce, have remained in place at its present location at Varese.In June 2012, BMW was listed as the #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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