Bayerische Motoren Werke AG German born for Bavarian Motor Is effective, usually known under it is abbreviation BMW, is a German high end vehicles, motorcycle, and engine manufacturing corporation founded in 1916. Headquartered in Munich, Bavaria, Germany. BMW owns Mini cars and is the parent company of Rolls-Royce Motor Cars. BMW produces motorcycles beneath BMW Motorrad, and plug-in electric cars within the BMW i sub-brand plus the "iPerformance" model designation from the regular BMW lineup. It is one with the best-selling luxury automakers on this planet. The company is a factor of the Euro Stoxx 50 wall street game index.BMW was established as being a business entity following a restructuring of the Rapp Motorenwerke aircraft producing firm in 1917. After the end of World War I in 1918, BMW was forced in order to cease aircraft-engine production through the terms of the Versailles Armistice Treaty. The company consequently changed to motorcycle production since the restrictions of the treaty started to be lifted in 1923, followed by automobiles inside 1928-29.The first car which often BMW successfully produced plus the car which launched BMW on the road to automobile production was your Dixi, based on the Austin tx 7 and licensed through the Austin Motor Company with Birmingham, England.
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BMW's very first significant aircraft engine, and commercial product regarding any sort, was the BMW IIIa inline-six liquid-cooled motor of 1918, known for good fuel economy and high-altitude efficiency. With German rearmament in the 1930s, the company again started out producing aircraft engines for your Luftwaffe. The factory in Munich made ample usage of forced labour: foreign civilians, prisoners of war and inmates in the concentration camp Dachau. Among its successful Entire world War II engine models 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 the particular Messerschmitt Me 262, the Me 262 V1, but in 1942 assessments the BMW prototype applications failed on takeoff having only the standby Junkers Jumo 210 nose-mounted piston engine powering it to some safe landing. [11][12] The few Me personally 262 A-1b test examples built used a lot more developed version of the particular 003 jet, recording an official major speed of 800 km/h (497 mph). The first-ever four-engine airliner aircraft ever flown had been the sixth and eighth prototypes from the Arado Ar 234 airliner reconnaissance-bomber, which used BMW 003 aircraft for power. Through 1944 the 003's trustworthiness improved, making it a acceptable power plant for fresh air frame designs competing for the Jägernotprogramm's light fighter production contract. which was won because of the Heinkel He 162 Spatz pattern. The BMW 003 aviation turbojet was also into consideration as the basic starting place for a pioneering turboshaft powerplant for German armored fighting vehicles in 1944-45, as the GT information. Towards the end in the Third Reich, BMW developed some military aircraft projects for the Luftwaffe, the BMW Strahlbomber, the BMW Schnellbomber and the BMW Strahljäger, but none of all of them 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 at that time consisted of the Rover, Land Rover and MG brands as well as the rights to defunct brands including Austin and Morris), and owned it intended for six years. By 2000, Rover was incurring enormous losses and BMW thought we would sell the combine. The MG and Rover brands were sold towards the Phoenix Consortium to style MG Rover, while Land Rover was bought out by Ford. BMW, meanwhile, retained the rights to make the new Mini, which was launched in 2001.
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Primary designer Chris Bangle released his departure from BMW in February 2009, after serving on the style team for nearly 17 years. He was replaced simply by Adrian van Hooydonk, Bangle's former right-hand man. Bangle was known pertaining to his radical designs such as 2002 7-Series and the particular 2002 Z4. In July 2007, the production rights with regard to Husqvarna Motorcycles was purchased by BMW to get a reported 93 million euros. BMW Motorrad plans to remain operating Husqvarna Motorcycles as a separate enterprise. All development, sales and production things to do, as well as the latest workforce, have remained in position at its present location at Varese.In June 2012, BMW was listed because #1 most reputable company on earth 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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