Bayerische Motoren Werke AG German for Bavarian Motor Operates, usually known under it's abbreviation BMW, is a German extravagance vehicles, motorcycle, and engine manufacturing business founded in 1916. Headquartered in Munich, Bavaria, Germany. BMW owns Mini cars and is the parent company regarding Rolls-Royce Motor Cars. BMW produces motorcycles below BMW Motorrad, and plug-in electric cars beneath BMW i sub-brand as well as the "iPerformance" model designation in the regular BMW lineup. It is one with the best-selling luxury automakers on this planet. The company is an element of the Euro Stoxx 50 wall street game index.BMW was established to be a business entity following a restructuring of the Rapp Motorenwerke aircraft production firm in 1917. After the end regarding World War I throughout 1918, BMW was forced 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 turned lifted in 1923, followed by automobiles with 1928-29.The first car that BMW successfully produced as well as the car which launched BMW with respect to automobile production was this Dixi, based on the Austin 7 and licensed on the Austin Motor Company inside Birmingham, England.
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BMW's very first significant aircraft engine, and commercial product involving any sort, was the BMW IIIa inline-six liquid-cooled serp of 1918, known for good energy economy and high-altitude functionality. With German rearmament inside 1930s, the company again commenced producing aircraft engines to the Luftwaffe. The factory in Munich made ample utilization of forced labour: foreign civilians, prisoners of war and inmates in the concentration camp Dachau. Among its successful Globe War II engine designs were the BMW 132 along with BMW 801 air-cooled radial motors, 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 the particular Messerschmitt Me 262, the Me 262 V1, but in 1942 tests the BMW prototype applications failed on takeoff along with only the standby Junkers Jumo 210 nose-mounted piston engine powering it to a safe landing. [11][12] The few Me personally 262 A-1b test examples built used the harder developed version of the particular 003 jet, recording an official prime speed of 800 km/h (497 mph). The first-ever four-engine fly aircraft ever flown had been the sixth and eighth prototypes on the Arado Ar 234 airliner reconnaissance-bomber, which used BMW 003 aircraft for power. Through 1944 the 003's dependability improved, making it a suitable power plant for air flow frame designs competing to the Jägernotprogramm's light fighter production contract. which was won because of the Heinkel He 162 Spatz design and style. The BMW 003 aviation turbojet was also under consideration as the basic beginning point for a pioneering turboshaft powerplant with regard to German armored fighting cars in 1944-45, as the GT information and facts. Towards the end on the Third Reich, BMW developed some military aircraft projects to the Luftwaffe, the BMW Strahlbomber, the BMW Schnellbomber plus 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 obtained in 1995. In 1994, BMW bought the United kingdom Rover Group[19] (which right at that moment consisted of the Rover, Land Rover and MG brands plus the rights to defunct manufacturers including Austin and Morris), and owned it intended for six years. By 2000, Rover was incurring large losses and BMW thought i would sell the combine. The MG and Rover brands were sold on the Phoenix Consortium to kind MG Rover, while Land Rover was absorbed by Ford. BMW, meanwhile, retained the rights to create the new Mini, which was launched with 2001.
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Fundamental designer Chris Bangle declared his departure from BMW throughout February 2009, after serving on the design team for nearly 19 years. He was replaced by Adrian van Hooydonk, Bangle's former right-hand person. Bangle was known pertaining to his radical designs such as the 2002 7-Series and the 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 keep operating Husqvarna Motorcycles as being a separate enterprise. All development, sales and production pursuits, as well as the current workforce, have remained in position at its present place at Varese.In June 2012, BMW was listed because #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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