Bayerische Motoren Werke AG In german for Bavarian Motor Operates, usually known under it is abbreviation BMW, is a German luxurious vehicles, motorcycle, and engine manufacturing organization founded in 1916. Headquartered in Munich, Bavaria, Germany. BMW owns Mini cars and it is the parent company connected with Rolls-Royce Motor Cars. BMW produces motorcycles below BMW Motorrad, and plug-in electric cars beneath the BMW i sub-brand and also the "iPerformance" model designation inside the regular BMW lineup. It is one on the best-selling luxury automakers on the globe. The company is a component of the Euro Stoxx 50 currency markets index.BMW was established like a business entity following a restructuring in the Rapp Motorenwerke aircraft producing firm in 1917. After the end connected with World War I within 1918, BMW was forced for you to cease aircraft-engine production from the terms of the Versailles Armistice Treaty. The company consequently shifted to motorcycle production because restrictions of the treaty has become lifted in 1923, followed by automobiles inside 1928-29.The first car that BMW successfully produced along with the car which launched BMW in relation to automobile production was the actual Dixi, based on the Austin 7 and licensed from the Austin Motor Company with Birmingham, England.
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BMW's first significant aircraft engine, and commercial product associated with any sort, was the BMW IIIa inline-six liquid-cooled serp of 1918, known for good fuel economy and high-altitude functionality. With German rearmament inside the 1930s, the company again began producing aircraft engines for the Luftwaffe. The factory in Munich made ample using forced labour: foreign civilians, prisoners of war and inmates of the concentration camp Dachau. Among its successful Earth War II engine designs were the BMW 132 in addition to BMW 801 air-cooled radial engines, 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 tested as a prime power plant inside first prototype of the Messerschmitt Me 262, the Me 262 V1, but in 1942 assessments the BMW prototype applications failed on takeoff using only the standby Junkers Jumo 210 nose-mounted piston engine powering it with a safe landing. [11][12] The few Myself 262 A-1b test examples built used the greater developed version of the particular 003 jet, recording an official leading speed of 800 km/h (497 mph). The first-ever four-engine fly aircraft ever flown ended up 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 trustworthiness improved, making it a ideal power plant for atmosphere frame designs competing with the Jägernotprogramm's light fighter generation contract. which was won by the Heinkel He 162 Spatz layout. The BMW 003 aviation turbojet was also involved as the basic starting point for a pioneering turboshaft powerplant intended for German armored fighting cars in 1944-45, as the GT 101. Towards the end in 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 substantial stake in California-based business 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 plus the rights to defunct brands including Austin and Morris), and owned it regarding six years. By 2000, Rover was incurring large losses and BMW thought i would sell the combine. The MG and Rover brands were sold to the Phoenix Consortium to style MG Rover, while Land Rover was taken over by Ford. BMW, meanwhile, retained the rights to make the new Mini, which was launched with 2001.
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Chief designer Chris Bangle declared his departure from BMW within 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 gentleman. Bangle was known for his radical designs such as the 2002 7-Series and your 2002 Z4. In July 2007, the production rights pertaining to Husqvarna Motorcycles was purchased by BMW for the reported 93 million pounds. BMW Motorrad plans to stay operating Husqvarna Motorcycles like a separate enterprise. All development, sales and production pursuits, as well as the existing workforce, have remained in spot at its present spot 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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