Bayerische Motoren Werke AG In german for Bavarian Motor Is effective, usually known under it is abbreviation BMW, is a German high end vehicles, motorcycle, and engine manufacturing organization founded in 1916. Headquartered in Munich, Bavaria, Germany. BMW owns Mini cars and is particularly the parent company of Rolls-Royce Motor Cars. BMW produces motorcycles beneath BMW Motorrad, and plug-in electric cars underneath the BMW i sub-brand and also the "iPerformance" model designation within the regular BMW lineup. It is one from 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 production firm in 1917. After the end associated with World War I throughout 1918, BMW was forced to be able to cease aircraft-engine production by the terms of the Versailles Armistice Treaty. The company consequently altered to motorcycle production because the restrictions of the treaty has become lifted in 1923, followed by automobiles throughout 1928-29.The first car which in turn BMW successfully produced and the car which launched BMW with respect to automobile production was this Dixi, based on the Austin texas 7 and licensed in the Austin Motor Company within Birmingham, England.
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BMW's first significant aircraft engine, and commercial product connected with any sort, was the BMW IIIa inline-six liquid-cooled serps of 1918, known for good energy resource economy and high-altitude efficiency. With German rearmament inside the 1930s, the company again began producing aircraft engines with the Luftwaffe. The factory in Munich made ample by using forced labour: foreign civilians, prisoners of war and inmates with the concentration camp Dachau. Among its successful Globe War II engine models were the BMW 132 as well as BMW 801 air-cooled radial motors, 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 within the first prototype of your Messerschmitt Me 262, the Me 262 V1, but in 1942 checks the BMW prototype engines failed on takeoff using 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 greater developed version of the actual 003 jet, recording an official best speed of 800 km/h (497 mph). The first-ever four-engine plane aircraft ever flown were being the sixth and eighth prototypes on the Arado Ar 234 fly reconnaissance-bomber, which used BMW 003 aircraft for power. Through 1944 the 003's consistency improved, making it a acceptable power plant for air frame designs competing for the Jägernotprogramm's light fighter creation contract. which was won from the Heinkel He 162 Spatz style. The BMW 003 aviation turbojet was also into consideration as the basic starting place for a pioneering turboshaft powerplant pertaining to German armored fighting cars in 1944-45, as the GT information. Towards the end in the Third Reich, BMW developed some military aircraft projects to the Luftwaffe, the BMW Strahlbomber, the BMW Schnellbomber along with the BMW Strahljäger, but none of them were built.
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BMW 3-Series (F30)In 1992, BMW acquired a substantial stake in California-based business design studio DesignworksUSA, which they fully received in 1995. In 1994, BMW bought the British Rover Group[19] (which back then consisted of the Rover, Land Rover and MG brands plus the rights to defunct brands including Austin and Morris), and owned it pertaining to six years. By 2000, Rover was incurring massive losses and BMW chose 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 build the new Mini, which was launched in 2001.
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Key designer Chris Bangle introduced his departure from BMW with February 2009, after serving on the planning team for nearly seventeen years. He was replaced by Adrian van Hooydonk, Bangle's former right-hand male. Bangle was known intended for his radical designs like the 2002 7-Series and the 2002 Z4. In July 2007, the production rights with regard to Husqvarna Motorcycles was purchased by BMW for any reported 93 million euros. BMW Motorrad plans to keep operating Husqvarna Motorcycles as a separate enterprise. All development, sales and production routines, as well as the present workforce, have remained in area at its present area at Varese.In June 2012, BMW was listed as the #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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