Bayerische Motoren Werke AG German for Bavarian Motor Performs, usually known under their abbreviation BMW, is a German high-class vehicles, motorcycle, and engine manufacturing company founded in 1916. Headquartered in Munich, Bavaria, Germany. BMW owns Mini cars and is the parent company connected with Rolls-Royce Motor Cars. BMW produces motorcycles within BMW Motorrad, and plug-in electric cars beneath BMW i sub-brand and also the "iPerformance" model designation within the regular BMW lineup. It is one with the best-selling luxury automakers on earth. The company is an element of the Euro Stoxx 50 wall street game index.BMW was established as a business entity following a restructuring with the Rapp Motorenwerke aircraft creation firm in 1917. After the end involving World War I inside 1918, BMW was forced for you to cease aircraft-engine production by the terms of the Versailles Armistice Treaty. The company consequently moved to motorcycle production since the restrictions of the treaty turned lifted in 1923, followed by automobiles with 1928-29.The first car which often BMW successfully produced and also the car which launched BMW on the path to automobile production was your Dixi, based on the Austin 7 and licensed on the Austin Motor Company throughout Birmingham, England.
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BMW's primary significant aircraft engine, and commercial product regarding any sort, was the BMW IIIa inline-six liquid-cooled serp of 1918, known for good gasoline economy and high-altitude overall performance. With German rearmament inside 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 of the concentration camp Dachau. Among its successful Earth War II engine types were the BMW 132 in addition to BMW 801 air-cooled radial motors, 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 tested as a prime power plant inside the first prototype of this Messerschmitt Me 262, the Me 262 V1, but in 1942 assessments the BMW prototype applications failed on takeoff with only the standby Junkers Jumo 210 nose-mounted piston engine powering it to some safe landing. [11][12] The few Us 262 A-1b test examples built used a lot more developed version of the actual 003 jet, recording an official top speed of 800 km/h (497 mph). The first-ever four-engine airliner aircraft ever flown had been the sixth and eighth prototypes of the Arado Ar 234 airliner reconnaissance-bomber, which used BMW 003 jets for power. Through 1944 the 003's trustworthiness improved, making it a acceptable power plant for air frame designs competing with the Jägernotprogramm's light fighter production contract. which was won with the Heinkel He 162 Spatz style. The BMW 003 aviation turbojet was also into consideration as the basic starting point for a pioneering turboshaft powerplant intended for German armored fighting motor vehicles in 1944-45, as the GT info. Towards the end in the Third Reich, BMW developed some military aircraft projects for the Luftwaffe, the BMW Strahlbomber, the BMW Schnellbomber as well as the BMW Strahljäger, but none of all of them were built.
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BMW 3-Series (F30)In 1992, BMW acquired a big stake in California-based industrial design studio DesignworksUSA, which they fully obtained in 1995. In 1994, BMW bought the English Rover Group[19] (which at the time consisted of the Rover, Land Rover and MG brands plus the rights to defunct models including Austin and Morris), and owned it with regard to six years. By 2000, Rover was incurring enormous losses and BMW chose to sell the combine. The MG and Rover brands were sold to the Phoenix Consortium to form MG Rover, while Land Rover was absorbed by Ford. BMW, meanwhile, retained the rights to build the new Mini, which was launched in 2001.
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Key designer Chris Bangle released his departure from BMW within February 2009, after serving on the style team for nearly 17 years. He was replaced by simply Adrian van Hooydonk, Bangle's former right-hand guy. Bangle was known with regard to his radical designs like the 2002 7-Series and the particular 2002 Z4. In July 2007, the production rights for Husqvarna Motorcycles was purchased by BMW for any reported 93 million euros. BMW Motorrad plans to stay operating Husqvarna Motorcycles like a separate enterprise. All development, sales and production pursuits, as well as the existing workforce, have remained in location 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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