Bayerische Motoren Werke AG In german for Bavarian Motor Performs, usually known under it's abbreviation BMW, is a German high-class vehicles, motorcycle, and engine manufacturing firm 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 beneath the BMW i sub-brand and the "iPerformance" model designation inside regular BMW lineup. It is one of the best-selling luxury automakers on this planet. The company is an element of the Euro Stoxx 50 stock trading game index.BMW was established as being a business entity following a restructuring on the Rapp Motorenwerke aircraft production firm in 1917. After the end connected with World War I throughout 1918, BMW was forced to cease aircraft-engine production through the terms of the Versailles Armistice Treaty. The company consequently moved to motorcycle production for the reason that restrictions of the treaty began to be lifted in 1923, followed by automobiles within 1928-29.The first car which often BMW successfully produced as well as the car which launched BMW with respect to automobile production was your Dixi, based on the Austin texas 7 and licensed in the Austin Motor Company in 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 motor of 1918, known for good gasoline economy and high-altitude effectiveness. With German rearmament inside 1930s, the company again begun producing aircraft engines with the Luftwaffe. The factory in Munich made ample utilization of forced labour: foreign civilians, prisoners of war and inmates in the concentration camp Dachau. Among its successful World War II engine designs 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 first tested as a prime power plant inside the first prototype of the Messerschmitt Me 262, the Me 262 V1, but in 1942 tests the BMW prototype machines failed on takeoff along with only the standby Junkers Jumo 210 nose-mounted piston engine powering it with a safe landing. [11][12] The few Me 262 A-1b test examples built used the harder developed version of this 003 jet, recording an official major speed of 800 km/h (497 mph). The first-ever four-engine fly aircraft ever flown were the sixth and eighth prototypes from the Arado Ar 234 fly reconnaissance-bomber, which used BMW 003 jets for power. Through 1944 the 003's consistency improved, making it a ideal power plant for atmosphere frame designs competing for your Jägernotprogramm's light fighter output contract. which was won through the Heinkel He 162 Spatz layout. The BMW 003 aviation turbojet was also involved as the basic starting point for a pioneering turboshaft powerplant intended for German armored fighting motor vehicles in 1944-45, as the GT tips. Towards the end with the Third Reich, BMW developed some military aircraft projects to the Luftwaffe, the BMW Strahlbomber, the BMW Schnellbomber as well as 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 professional design studio DesignworksUSA, which they fully obtained in 1995. In 1994, BMW bought the British Rover Group[19] (which back then consisted of the Rover, Land Rover and MG brands as well as the rights to defunct models including Austin and Morris), and owned it intended for six years. By 2000, Rover was incurring large losses and BMW made a decision to sell the combine. The MG and Rover brands were sold for 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 throughout 2001.
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Chief designer Chris Bangle declared his departure from BMW in February 2009, after serving on the structure team for nearly 17 years. He was replaced by Adrian van Hooydonk, Bangle's former right-hand person. Bangle was known for his radical designs like the 2002 7-Series and the actual 2002 Z4. In July 2007, the production rights intended for Husqvarna Motorcycles was purchased by BMW to get a reported 93 million pounds. BMW Motorrad plans to continue operating Husqvarna Motorcycles being a separate enterprise. All development, sales and production activities, as well as the present workforce, have remained in position at its present spot 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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