Bayerische Motoren Werke AG German born for Bavarian Motor Works, usually known under their abbreviation BMW, is a German luxury vehicles, motorcycle, and engine manufacturing corporation founded in 1916. Headquartered in Munich, Bavaria, Germany. BMW owns Mini cars and it is the parent company of Rolls-Royce Motor Cars. BMW produces motorcycles under BMW Motorrad, and plug-in electric cars under the BMW i sub-brand plus the "iPerformance" model designation in the regular BMW lineup. It is one in the best-selling luxury automakers on the globe. The company is an element of the Euro Stoxx 50 stock trading game index.BMW was established being a business entity following a restructuring from the Rapp Motorenwerke aircraft producing firm in 1917. After the end regarding 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 because restrictions of the treaty grew to become 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 on the road to automobile production was the Dixi, based on the Austin tx 7 and licensed in the Austin Motor Company inside Birmingham, England.
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BMW's primary significant aircraft engine, and commercial product associated with any sort, was the BMW IIIa inline-six liquid-cooled serp of 1918, known for good fuel economy and high-altitude performance. With German rearmament within the 1930s, the company again started producing aircraft engines for the Luftwaffe. The factory in Munich made ample usage of forced labour: foreign civilians, prisoners of war and inmates with the concentration camp Dachau. Among its successful Globe War II engine patterns were the BMW 132 and BMW 801 air-cooled radial engines, 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 in the first prototype of the Messerschmitt Me 262, the Me 262 V1, but in 1942 assessments the BMW prototype motors failed on takeoff together with only the standby Junkers Jumo 210 nose-mounted piston engine powering it with a safe landing. [11][12] The few Everyone 262 A-1b test examples built used greater developed version of this 003 jet, recording an official prime speed of 800 km/h (497 mph). The first-ever four-engine plane aircraft ever flown were being the sixth and eighth prototypes of the Arado Ar 234 fly reconnaissance-bomber, which used BMW 003 aircraft for power. Through 1944 the 003's trustworthiness improved, making it a suitable power plant for air flow frame designs competing for that Jägernotprogramm's light fighter generation contract. which was won from the Heinkel He 162 Spatz design and style. The BMW 003 aviation turbojet was also into consideration as the basic kick off point for a pioneering turboshaft powerplant pertaining to German armored fighting vehicles in 1944-45, as the GT 101. Towards the end from the Third Reich, BMW developed some military aircraft projects for that Luftwaffe, the BMW Strahlbomber, the BMW Schnellbomber as well as the BMW Strahljäger, but none of these were built.
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BMW 3-Series (F30)In 1992, BMW acquired a substantial stake in California-based commercial design studio DesignworksUSA, which they fully obtained in 1995. In 1994, BMW bought the British Rover Group[19] (which during the time consisted of the Rover, Land Rover and MG brands as well as the rights to defunct makes including Austin and Morris), and owned it pertaining to six years. By 2000, Rover was incurring massive losses and BMW thought we would sell the combine. The MG and Rover brands were sold for the Phoenix Consortium to type MG Rover, while Land Rover was bought out by Ford. BMW, meanwhile, retained the rights to build the new Mini, which was launched inside 2001.
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Chief designer Chris Bangle introduced his departure from BMW in February 2009, after serving on the structure team for nearly 17 years. He was replaced through Adrian van Hooydonk, Bangle's former right-hand gentleman. Bangle was known for his radical designs like the 2002 7-Series and this 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 actions, as well as the latest workforce, have remained in location at its present position at Varese.In June 2012, BMW was listed for the reason that #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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