Bayerische Motoren Werke AG German born for Bavarian Motor Works, usually known under its abbreviation BMW, is a German high end vehicles, motorcycle, and engine manufacturing firm founded in 1916. Headquartered in Munich, Bavaria, Germany. BMW owns Mini cars and is also the parent company involving Rolls-Royce Motor Cars. BMW produces motorcycles within BMW Motorrad, and plug-in electric cars under the BMW i sub-brand as well as the "iPerformance" model designation within the regular BMW lineup. It is one from the best-selling luxury automakers on earth. The company is an element of the Euro Stoxx 50 stock market index.BMW was established as being a business entity following a restructuring on the Rapp Motorenwerke aircraft creation firm in 1917. After the end of World War I with 1918, BMW was forced to be able to cease aircraft-engine production with the terms of the Versailles Armistice Treaty. The company consequently shifted to motorcycle production as the restrictions of the treaty grew to become lifted in 1923, followed by automobiles with 1928-29.The first car which in turn BMW successfully produced and the car which launched BMW on the path to automobile production was the particular Dixi, based on the Austin texas 7 and licensed in 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 motor of 1918, known for good gasoline economy and high-altitude overall performance. With German rearmament in the 1930s, the company again commenced producing aircraft engines with the Luftwaffe. The factory in Munich made ample using forced labour: foreign civilians, prisoners of war and inmates in the concentration camp Dachau. Among its successful World War II engine patterns were the BMW 132 along with BMW 801 air-cooled radial motors, and the pioneering BMW 003 axial-flow turbojet, which powered the little, 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 your Messerschmitt Me 262, the Me 262 V1, but in 1942 tests the BMW prototype search engines failed on takeoff having only the standby Junkers Jumo 210 nose-mounted piston engine powering it into a safe landing. [11][12] The few Me 262 A-1b test examples built used a lot more developed version of this 003 jet, recording an official top speed of 800 km/h (497 mph). The first-ever four-engine airliner aircraft ever flown were 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 reliability improved, making it a suited power plant for air flow frame designs competing with the Jägernotprogramm's light fighter output contract. which was won from the Heinkel He 162 Spatz layout. The BMW 003 aviation turbojet was also involved as the basic kick off point for a pioneering turboshaft powerplant regarding German armored fighting motor vehicles in 1944-45, as the GT information and facts. Towards the end from 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 these people were built.
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BMW 3-Series (F30)In 1992, BMW acquired a huge stake in California-based commercial design studio DesignworksUSA, which they fully bought in 1995. In 1994, BMW bought the British Rover Group[19] (which right at that moment consisted of the Rover, Land Rover and MG brands as well as the rights to defunct makes including Austin and Morris), and owned it regarding six years. By 2000, Rover was incurring huge losses and BMW made a decision to sell the combine. The MG and Rover brands were sold towards the Phoenix Consortium to variety MG Rover, while Land Rover was bought out by Ford. BMW, meanwhile, retained the rights to create the new Mini, which was launched with 2001.
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Main designer Chris Bangle reported his departure from BMW in February 2009, after serving on the style team for nearly 18 years. He was replaced simply by Adrian van Hooydonk, Bangle's former right-hand gentleman. Bangle was known with regard to his radical designs like the 2002 7-Series and the actual 2002 Z4. In July 2007, the production rights with regard to Husqvarna Motorcycles was purchased by BMW for just a reported 93 million euros. BMW Motorrad plans to remain operating Husqvarna Motorcycles to be a separate enterprise. All development, sales and production routines, as well as the present workforce, have remained in place at its present area 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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