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Bayerische Motoren Werke AG A language like german for Bavarian Motor Operates, usually known under its 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 beneath BMW Motorrad, and plug-in electric cars underneath the BMW i sub-brand along with the "iPerformance" model designation in 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 wall street game index.BMW was established to be a business entity following a restructuring in the Rapp Motorenwerke aircraft producing firm in 1917. After the end connected with World War I with 1918, BMW was forced to cease aircraft-engine production from the terms of the Versailles Armistice Treaty. The company consequently altered to motorcycle production since the restrictions of the treaty has become lifted in 1923, followed by automobiles within 1928-29.The first car which BMW successfully produced plus the car which launched BMW in relation to automobile production was your Dixi, based on the Austin texas 7 and licensed through the Austin Motor Company throughout Birmingham, England.

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BMW's initial significant aircraft engine, and commercial product of any sort, was the BMW IIIa inline-six liquid-cooled powerplant of 1918, known for good energy resource economy and high-altitude overall performance. With German rearmament in the 1930s, the company again commenced producing aircraft engines for the Luftwaffe. The factory in Munich made ample using forced labour: foreign civilians, prisoners of war and inmates from the concentration camp Dachau. Among its successful Planet War II engine designs were the BMW 132 in addition to 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 within the first prototype of the particular Messerschmitt Me 262, the Me 262 V1, but in 1942 tests the BMW prototype machines failed on takeoff using only the standby Junkers Jumo 210 nose-mounted piston engine powering it into a safe landing. [11][12] The few Everyone 262 A-1b test examples built used greater developed version of your 003 jet, recording an official best speed of 800 km/h (497 mph). The first-ever four-engine aircraft aircraft ever flown were being the sixth and eighth prototypes from the Arado Ar 234 jet reconnaissance-bomber, which used BMW 003 jets for power. Through 1944 the 003's consistency improved, making it a acceptable power plant for air flow frame designs competing to the Jägernotprogramm's light fighter generation contract. which was won with the Heinkel He 162 Spatz layout. 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 tips. Towards the end with the Third Reich, BMW developed some military aircraft projects for the Luftwaffe, the BMW Strahlbomber, the BMW Schnellbomber as well as the BMW Strahljäger, but none of these individuals were built.

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BMW 3-Series (F30)In 1992, BMW acquired a huge stake in California-based manufacturing design studio DesignworksUSA, which they fully received in 1995. In 1994, BMW bought the British Rover Group[19] (which during the time consisted of the Rover, Land Rover and MG brands and also the rights to defunct models including Austin and Morris), and owned it pertaining to six years. By 2000, Rover was incurring big 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 build the new Mini, which was launched throughout 2001.

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Chief designer Chris Bangle introduced his departure from BMW throughout February 2009, after serving on the design team for nearly over seventeen years. He was replaced by Adrian van Hooydonk, Bangle's former right-hand male. Bangle was known with regard to his radical designs for example the 2002 7-Series and this 2002 Z4. In July 2007, the production rights for Husqvarna Motorcycles was purchased by BMW to get a reported 93 million euros. BMW Motorrad plans to keep operating Husqvarna Motorcycles like a separate enterprise. All development, sales and production actions, 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 earth 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.".