Bayerische Motoren Werke AG A language like german for Bavarian Motor Works, usually known under the abbreviation BMW, is a German high end vehicles, motorcycle, and engine manufacturing organization 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 beneath BMW Motorrad, and plug-in electric cars within 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 planet. The company is a component of the Euro Stoxx 50 wall street game index.BMW was established like a business entity following a restructuring of the Rapp Motorenwerke aircraft creation firm in 1917. After the end involving World War I with 1918, BMW was forced to be able to cease aircraft-engine production by the terms of the Versailles Armistice Treaty. The company consequently moved to motorcycle production because the restrictions of the treaty started to be lifted in 1923, followed by automobiles in 1928-29.The first car which in turn BMW successfully produced along with the car which launched BMW on the road to automobile production was the Dixi, based on the Austin tx 7 and licensed in the Austin Motor Company throughout Birmingham, England.
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BMW's first 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 overall performance. With German rearmament from the 1930s, the company again begun producing aircraft engines for the Luftwaffe. The factory in Munich made ample use of forced labour: foreign civilians, prisoners of war and inmates with the concentration camp Dachau. Among its successful Globe War II engine types were the BMW 132 along with BMW 801 air-cooled radial applications, and the pioneering BMW 003 axial-flow turbojet, which powered the small, 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 within the first prototype of the particular Messerschmitt Me 262, the Me 262 V1, but in 1942 checks the BMW prototype motors failed on takeoff having only the standby Junkers Jumo 210 nose-mounted piston engine powering it into a safe landing. [11][12] The few Us 262 A-1b test examples built used the harder developed version of the particular 003 jet, recording an official leading speed of 800 km/h (497 mph). The first-ever four-engine jet aircraft ever flown ended up the sixth and eighth prototypes with the Arado Ar 234 jet reconnaissance-bomber, which used BMW 003 jets for power. Through 1944 the 003's reliability improved, making it a suited power plant for atmosphere frame designs competing for the Jägernotprogramm's light fighter production contract. which was won through the Heinkel He 162 Spatz design and style. The BMW 003 aviation turbojet was also in mind as the basic beginning point for a pioneering turboshaft powerplant regarding German armored fighting autos in 1944-45, as the GT 101. Towards the end of the Third Reich, BMW developed some military aircraft projects for that 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 huge stake in California-based commercial design studio DesignworksUSA, which they fully obtained in 1995. In 1994, BMW bought the Uk Rover Group[19] (which right at that moment consisted of the Rover, Land Rover and MG brands and also the rights to defunct models including Austin and Morris), and owned it for six years. By 2000, Rover was incurring big losses and BMW chose to sell the combine. The MG and Rover brands were sold for the Phoenix Consortium to variety MG Rover, while Land Rover was taken over by Ford. BMW, meanwhile, retained the rights to develop the new Mini, which was launched throughout 2001.
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Chief designer Chris Bangle reported his departure from BMW within February 2009, after serving on the look team for nearly 17 years. He was replaced simply by Adrian van Hooydonk, Bangle's former right-hand guy. Bangle was known with regard to his radical designs like the 2002 7-Series and this 2002 Z4. In July 2007, the production rights pertaining to Husqvarna Motorcycles was purchased by BMW for the reported 93 million euros. BMW Motorrad plans to remain operating Husqvarna Motorcycles as being a separate enterprise. All development, sales and production pursuits, as well as the present workforce, have remained in location at its present spot 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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