Bayerische Motoren Werke AG The german language for Bavarian Motor Performs, usually known under it is abbreviation BMW, is a German luxury vehicles, motorcycle, and engine manufacturing corporation founded in 1916. Headquartered in Munich, Bavaria, Germany. BMW owns Mini cars and is particularly the parent company associated with Rolls-Royce Motor Cars. BMW produces motorcycles within BMW Motorrad, and plug-in electric cars beneath BMW i sub-brand along with the "iPerformance" model designation in 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 stock market index.BMW was established as a business entity following a restructuring with the Rapp Motorenwerke aircraft creation firm in 1917. After the end of World War I in 1918, BMW was forced for you to cease aircraft-engine production through the terms of the Versailles Armistice Treaty. The company consequently moved to motorcycle production for the reason that restrictions of the treaty started to be lifted in 1923, followed by automobiles throughout 1928-29.The first car which often BMW successfully produced as well as the car which launched BMW in relation to automobile production was the actual Dixi, based on the Austin 7 and licensed from your Austin Motor Company inside Birmingham, England.
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BMW's 1st significant aircraft engine, and commercial product associated with any sort, was the BMW IIIa inline-six liquid-cooled motor of 1918, known for good energy economy and high-altitude functionality. With German rearmament from the 1930s, the company again began producing aircraft engines to the Luftwaffe. The factory in Munich made ample using forced labour: foreign civilians, prisoners of war and inmates from the concentration camp Dachau. Among its successful Globe War II engine patterns were the BMW 132 and 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 tested as a prime power plant inside the first prototype of the actual Messerschmitt Me 262, the Me 262 V1, but in 1942 testing the BMW prototype applications failed on takeoff together with only the standby Junkers Jumo 210 nose-mounted piston engine powering it with a safe landing. [11][12] The few Me personally 262 A-1b test examples built used the greater developed version of the 003 jet, recording an official leading speed of 800 km/h (497 mph). The first-ever four-engine airliner aircraft ever flown were being the sixth and eighth prototypes from the Arado Ar 234 aircraft reconnaissance-bomber, which used BMW 003 aircraft for power. Through 1944 the 003's stability improved, making it a suited power plant for air frame designs competing for your Jägernotprogramm's light fighter production contract. which was won with the Heinkel He 162 Spatz layout. The BMW 003 aviation turbojet was also involved as the basic starting place for a pioneering turboshaft powerplant for German armored fighting vehicles in 1944-45, as the GT tips. Towards the end on the Third Reich, BMW developed some military aircraft projects with 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 manufacturing design studio DesignworksUSA, which they fully received in 1995. In 1994, BMW bought the United kingdom Rover Group[19] (which during the time 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 large losses and BMW decided to sell the combine. The MG and Rover brands were sold to the Phoenix Consortium to variety MG Rover, while Land Rover was bought out by Ford. BMW, meanwhile, retained the rights to create the new Mini, which was launched with 2001.
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Chief designer Chris Bangle reported his departure from BMW inside 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 man. Bangle was known intended for his radical designs such as 2002 7-Series and the particular 2002 Z4. In July 2007, the production rights regarding Husqvarna Motorcycles was purchased by BMW for just a reported 93 million euros. BMW Motorrad plans to continue operating Husqvarna Motorcycles as being a separate enterprise. All development, sales and production actions, as well as the actual workforce, have remained in location at its present area 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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