Bayerische Motoren Werke AG The german language for Bavarian Motor Operates, usually known under their abbreviation BMW, is a German luxury vehicles, motorcycle, and engine manufacturing corporation founded in 1916. Headquartered in Munich, Bavaria, Germany. BMW owns Mini cars which is the parent company regarding Rolls-Royce Motor Cars. BMW produces motorcycles underneath BMW Motorrad, and plug-in electric cars within the BMW i sub-brand and the "iPerformance" model designation within the regular BMW lineup. It is one in the best-selling luxury automakers on earth. The company is a factor of the Euro Stoxx 50 stock exchange index.BMW was established as a business entity following a restructuring of the Rapp Motorenwerke aircraft creation firm in 1917. After the end associated with World War I with 1918, BMW was forced to cease aircraft-engine production through the terms of the Versailles Armistice Treaty. The company consequently shifted to motorcycle production because restrictions of the treaty turned lifted in 1923, followed by automobiles throughout 1928-29.The first car which in turn BMW successfully produced and the car which launched BMW on the path to automobile production was the Dixi, based on the Austin texas 7 and licensed in the Austin Motor Company within Birmingham, England.
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BMW's very first significant aircraft engine, and commercial product associated with any sort, was the BMW IIIa inline-six liquid-cooled motor of 1918, known for good fuel economy and high-altitude functionality. With German rearmament in the 1930s, the company again began producing aircraft engines to the Luftwaffe. The factory in Munich made ample utilization of forced labour: foreign civilians, prisoners of war and inmates from the concentration camp Dachau. Among its successful Entire world War II engine patterns were the BMW 132 in addition to BMW 801 air-cooled radial machines, and the pioneering BMW 003 axial-flow turbojet, which powered the tiny, 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 first prototype of the Messerschmitt Me 262, the Me 262 V1, but in 1942 assessments the BMW prototype machines failed on takeoff along with 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 more developed version of the actual 003 jet, recording an official leading speed of 800 km/h (497 mph). The first-ever four-engine fly aircraft ever flown ended up the sixth and eighth prototypes of the Arado Ar 234 jet reconnaissance-bomber, which used BMW 003 jets for power. Through 1944 the 003's stability improved, making it a acceptable power plant for air frame designs competing for the Jägernotprogramm's light fighter creation contract. which was won by the Heinkel He 162 Spatz pattern. The BMW 003 aviation turbojet was also into account as the basic beginning for a pioneering turboshaft powerplant pertaining to German armored fighting motor vehicles in 1944-45, as the GT 101. Towards the end with the Third Reich, BMW developed some military aircraft projects for your Luftwaffe, the BMW Strahlbomber, the BMW Schnellbomber plus 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 business design studio DesignworksUSA, which they fully acquired in 1995. In 1994, BMW bought the Uk Rover Group[19] (which back then consisted of the Rover, Land Rover and MG brands in addition to the rights to defunct makes 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 to the Phoenix Consortium to type MG Rover, while Land Rover was bought out by Ford. BMW, meanwhile, retained the rights to create the new Mini, which was launched inside 2001.
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Main designer Chris Bangle introduced his departure from BMW with February 2009, after serving on the structure team for nearly seventeen years. He was replaced through Adrian van Hooydonk, Bangle's former right-hand person. Bangle was known intended for his radical designs such as 2002 7-Series and this 2002 Z4. In July 2007, the production rights with regard to Husqvarna Motorcycles was purchased by BMW for the reported 93 million euros. BMW Motorrad plans to continue operating Husqvarna Motorcycles as a separate enterprise. All development, sales and production actions, as well as the existing workforce, have remained in spot at its present position at Varese.In June 2012, BMW was listed since 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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