Bayerische Motoren Werke AG In german for Bavarian Motor Is effective, usually known under its abbreviation BMW, is a German extravagance vehicles, motorcycle, and engine manufacturing firm founded in 1916. Headquartered in Munich, Bavaria, Germany. BMW owns Mini cars and is particularly the parent company connected with Rolls-Royce Motor Cars. BMW produces motorcycles underneath BMW Motorrad, and plug-in electric cars underneath the BMW i sub-brand and the "iPerformance" model designation inside regular BMW lineup. It is one from the best-selling luxury automakers on the globe. The company is an element of the Euro Stoxx 50 stock market index.BMW was established to be a business entity following a restructuring of the Rapp Motorenwerke aircraft manufacturing firm in 1917. After the end involving World War I throughout 1918, BMW was forced to help cease aircraft-engine production with the terms of the Versailles Armistice Treaty. The company consequently moved to motorcycle production because the restrictions of the treaty turned lifted in 1923, followed by automobiles in 1928-29.The first car which usually BMW successfully produced and also the car which launched BMW on the road to automobile production was your Dixi, based on the Austin texas 7 and licensed from your Austin Motor Company inside Birmingham, England.
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BMW's primary significant aircraft engine, and commercial product associated with any sort, was the BMW IIIa inline-six liquid-cooled serp of 1918, known for good gasoline economy and high-altitude performance. With German rearmament within the 1930s, the company again began producing aircraft engines with the Luftwaffe. The factory in Munich made ample use of forced labour: foreign civilians, prisoners of war and inmates on the concentration camp Dachau. Among its successful Entire world War II engine styles were the BMW 132 along with BMW 801 air-cooled radial engines, 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 this 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 to your safe landing. [11][12] The few Myself 262 A-1b test examples built used the harder developed version of the particular 003 jet, recording an official top speed of 800 km/h (497 mph). The first-ever four-engine aircraft aircraft ever flown have been the sixth and eighth prototypes on the Arado Ar 234 plane 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 manufacturing contract. which was won by the Heinkel He 162 Spatz layout. The BMW 003 aviation turbojet was also involved as the basic beginning point for a pioneering turboshaft powerplant pertaining to German armored fighting automobiles in 1944-45, as the GT information. 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 people were built.
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BMW 3-Series (F30)In 1992, BMW acquired a significant stake in California-based business design studio DesignworksUSA, which they fully obtained 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 along with the rights to defunct models including Austin and Morris), and owned it intended for six years. By 2000, Rover was incurring massive losses and BMW decided to sell the combine. The MG and Rover brands were sold towards Phoenix Consortium to form MG Rover, while Land Rover was bought out by Ford. BMW, meanwhile, retained the rights to make the new Mini, which was launched with 2001.
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Key designer Chris Bangle announced his departure from BMW in February 2009, after serving on the design team for nearly 19 years. He was replaced simply by Adrian van Hooydonk, Bangle's former right-hand gentleman. Bangle was known regarding his radical designs such as the 2002 7-Series and your 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 keep 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 the #1 most reputable company on this 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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