Bayerische Motoren Werke AG German born for Bavarian Motor Operates, usually known under its abbreviation BMW, is a German luxury vehicles, motorcycle, and engine manufacturing business founded in 1916. Headquartered in Munich, Bavaria, Germany. BMW owns Mini cars which is the parent company associated with Rolls-Royce Motor Cars. BMW produces motorcycles within BMW Motorrad, and plug-in electric cars within the BMW i sub-brand as well as the "iPerformance" model designation within the regular BMW lineup. It is one on the best-selling luxury automakers on this planet. The company is a component of the Euro Stoxx 50 currency markets index.BMW was established to be a business entity following a restructuring of the Rapp Motorenwerke aircraft production firm in 1917. After the end of World War I throughout 1918, BMW was forced to help cease aircraft-engine production by the terms of the Versailles Armistice Treaty. The company consequently changed to motorcycle production for the reason that restrictions of the treaty grew to become lifted in 1923, followed by automobiles within 1928-29.The first car which usually BMW successfully produced along with the car which launched BMW on the road to automobile production was your Dixi, based on the Austin texas 7 and licensed on the Austin Motor Company with Birmingham, England.
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BMW's primary significant aircraft engine, and commercial product of any sort, was the BMW IIIa inline-six liquid-cooled powerplant of 1918, known for good gas economy and high-altitude performance. With German rearmament within the 1930s, the company again started producing aircraft engines for that 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 Globe War II engine designs were the BMW 132 along with BMW 801 air-cooled radial machines, 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 in the first prototype of this Messerschmitt Me 262, the Me 262 V1, but in 1942 tests the BMW prototype machines failed on takeoff with only the standby Junkers Jumo 210 nose-mounted piston engine powering it with a safe landing. [11][12] The few Us 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 plane aircraft ever flown ended up the sixth and eighth prototypes in the Arado Ar 234 jet reconnaissance-bomber, which used BMW 003 jets for power. Through 1944 the 003's reliability improved, making it a suited power plant for air frame designs competing for that Jägernotprogramm's light fighter creation contract. which was won with the Heinkel He 162 Spatz layout. The BMW 003 aviation turbojet was also into consideration as the basic beginning point for a pioneering turboshaft powerplant for German armored fighting vehicles in 1944-45, as the GT tips. Towards the end of 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 all of them were built.
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BMW 3-Series (F30)In 1992, BMW acquired a significant stake in California-based manufacturing design studio DesignworksUSA, which they fully obtained in 1995. In 1994, BMW bought the United kingdom Rover Group[19] (which right at that moment consisted of the Rover, Land Rover and MG brands as well as the rights to defunct brand names including Austin and Morris), and owned it regarding six years. By 2000, Rover was incurring big losses and BMW thought we would sell the combine. The MG and Rover brands were sold to the Phoenix Consortium to kind MG Rover, while Land Rover was taken over by Ford. BMW, meanwhile, retained the rights to make the new Mini, which was launched throughout 2001.
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Key designer Chris Bangle released his departure from BMW throughout February 2009, after serving on the planning team for nearly over seventeen years. He was replaced simply by Adrian van Hooydonk, Bangle's former right-hand person. Bangle was known pertaining to his radical designs such as 2002 7-Series and the particular 2002 Z4. In July 2007, the production rights intended for Husqvarna Motorcycles was purchased by BMW for a reported 93 million euros. BMW Motorrad plans to carry on operating Husqvarna Motorcycles like a separate enterprise. All development, sales and production things to do, as well as the current workforce, have remained in spot at its present position at Varese.In June 2012, BMW was listed because #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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