Bayerische Motoren Werke AG German for Bavarian Motor Is effective, usually known under it is abbreviation BMW, is a German high end vehicles, motorcycle, and engine manufacturing business founded in 1916. Headquartered in Munich, Bavaria, Germany. BMW owns Mini cars and is also the parent company associated with Rolls-Royce Motor Cars. BMW produces motorcycles under BMW Motorrad, and plug-in electric cars within the BMW i sub-brand as well as the "iPerformance" model designation in the regular BMW lineup. It is one in the best-selling luxury automakers on earth. The company is an element of the Euro Stoxx 50 currency markets index.BMW was established as a business entity following a restructuring from the Rapp Motorenwerke aircraft making firm in 1917. After the end connected with World War I inside 1918, BMW was forced for you to cease aircraft-engine production from the terms of the Versailles Armistice Treaty. The company consequently changed to motorcycle production because restrictions of the treaty turned lifted in 1923, followed by automobiles throughout 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 texas 7 and licensed from the Austin Motor Company with Birmingham, England.
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BMW's 1st significant aircraft engine, and commercial product involving any sort, was the BMW IIIa inline-six liquid-cooled serps of 1918, known for good gasoline economy and high-altitude effectiveness. With German rearmament from the 1930s, the company again begun producing aircraft engines for the 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 Earth War II engine models were the BMW 132 and also BMW 801 air-cooled radial machines, 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 initially tested as a prime power plant from the first prototype of the particular Messerschmitt Me 262, the Me 262 V1, but in 1942 assessments the BMW prototype motors failed on takeoff along with only the standby Junkers Jumo 210 nose-mounted piston engine powering it to some safe landing. [11][12] The few Us 262 A-1b test examples built used the more developed version of the 003 jet, recording an official best speed of 800 km/h (497 mph). The first-ever four-engine fly aircraft ever flown ended up the sixth and eighth prototypes with the Arado Ar 234 airliner reconnaissance-bomber, which used BMW 003 jets for power. Through 1944 the 003's trustworthiness improved, making it a appropriate power plant for air flow frame designs competing for that Jägernotprogramm's light fighter manufacturing contract. which was won by the Heinkel He 162 Spatz pattern. The BMW 003 aviation turbojet was also involved as the basic starting point for a pioneering turboshaft powerplant regarding German armored fighting automobiles in 1944-45, as the GT information and facts. Towards the end on the Third Reich, BMW developed some military aircraft projects for the Luftwaffe, the BMW Strahlbomber, the BMW Schnellbomber and the BMW Strahljäger, but none of these individuals were built.
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BMW 3-Series (F30)In 1992, BMW acquired a large stake in California-based manufacturing design studio DesignworksUSA, which they fully received in 1995. In 1994, BMW bought the English Rover Group[19] (which right at that moment consisted of the Rover, Land Rover and MG brands as well as the rights to defunct manufacturers including Austin and Morris), and owned it regarding six years. By 2000, Rover was incurring enormous losses and BMW made a decision to sell the combine. The MG and Rover brands were sold to the Phoenix Consortium to style MG Rover, while Land Rover was bought out by Ford. BMW, meanwhile, retained the rights to develop the new Mini, which was launched with 2001.
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Main designer Chris Bangle introduced his departure from BMW in February 2009, after serving on the design team for nearly over seventeen years. He was replaced by Adrian van Hooydonk, Bangle's former right-hand guy. Bangle was known for his radical designs for example the 2002 7-Series and the particular 2002 Z4. In July 2007, the production rights pertaining to Husqvarna Motorcycles was purchased by BMW for any reported 93 million pounds. BMW Motorrad plans to carry on operating Husqvarna Motorcycles being a separate enterprise. All development, sales and production things to do, as well as the latest workforce, have remained in position at its present area at Varese.In June 2012, BMW was listed because the #1 most reputable company on the planet 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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