Bayerische Motoren Werke AG German born for Bavarian Motor Works, usually known under their abbreviation BMW, is a German extravagance vehicles, motorcycle, and engine manufacturing corporation founded in 1916. Headquartered in Munich, Bavaria, Germany. BMW owns Mini cars and is the parent company regarding Rolls-Royce Motor Cars. BMW produces motorcycles within BMW Motorrad, and plug-in electric cars beneath BMW i sub-brand and the "iPerformance" model designation from the regular BMW lineup. It is one with the best-selling luxury automakers on this planet. The company is an element of the Euro Stoxx 50 stock exchange index.BMW was established to be a business entity following a restructuring of the Rapp Motorenwerke aircraft creation firm in 1917. After the end involving World War I inside 1918, BMW was forced in order to cease aircraft-engine production by the terms of the Versailles Armistice Treaty. The company consequently changed to motorcycle production as the restrictions of the treaty turned lifted in 1923, followed by automobiles throughout 1928-29.The first car which in turn BMW successfully produced and also the car which launched BMW with respect to automobile production was the actual Dixi, based on the Austin tx 7 and licensed in 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 energy resource economy and high-altitude overall performance. With German rearmament inside the 1930s, the company again started producing aircraft engines for your 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 Planet War II engine styles were the BMW 132 and also BMW 801 air-cooled radial motors, 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 within the first prototype of the Messerschmitt Me 262, the Me 262 V1, but in 1942 testing the BMW prototype machines failed on takeoff together with only the standby Junkers Jumo 210 nose-mounted piston engine powering it to a safe landing. [11][12] The few Myself 262 A-1b test examples built used greater developed version of the 003 jet, recording an official top speed of 800 km/h (497 mph). The first-ever four-engine fly aircraft ever flown had been the sixth and eighth prototypes of the Arado Ar 234 fly reconnaissance-bomber, which used BMW 003 jets for power. Through 1944 the 003's consistency improved, making it a suitable power plant for atmosphere frame designs competing for the Jägernotprogramm's light fighter generation contract. which was won because of the Heinkel He 162 Spatz style. The BMW 003 aviation turbojet was also under consideration as the basic beginning point for a pioneering turboshaft powerplant for German armored fighting autos in 1944-45, as the GT info. Towards the end of the Third Reich, BMW developed some military aircraft projects for your 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 substantial stake in California-based manufacturing design studio DesignworksUSA, which they fully purchased in 1995. In 1994, BMW bought the English Rover Group[19] (which during the time consisted of the Rover, Land Rover and MG brands plus the rights to defunct manufacturers including Austin and Morris), and owned it pertaining to six years. By 2000, Rover was incurring huge losses and BMW thought we would sell the combine. The MG and Rover brands were sold towards the Phoenix Consortium to variety MG Rover, while Land Rover was taken over 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 released his departure from BMW in February 2009, after serving on the look team for nearly 19 years. He was replaced through Adrian van Hooydonk, Bangle's former right-hand male. Bangle was known for his radical designs like the 2002 7-Series and the actual 2002 Z4. In July 2007, the production rights pertaining to Husqvarna Motorcycles was purchased by BMW for the reported 93 million euros. BMW Motorrad plans to stay operating Husqvarna Motorcycles as being a separate enterprise. All development, sales and production pursuits, as well as the present workforce, have remained in place at its present location at Varese.In June 2012, BMW was listed as the #1 most reputable company on the 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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