Bayerische Motoren Werke AG In german for Bavarian Motor Operates, usually known under it's 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 the parent company connected with Rolls-Royce Motor Cars. BMW produces motorcycles underneath 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 the planet. The company is a component of the Euro Stoxx 50 stock market index.BMW was established as being a business entity following a restructuring on the Rapp Motorenwerke aircraft production firm in 1917. After the end involving World War I throughout 1918, BMW was forced for you to cease aircraft-engine production through the terms of the Versailles Armistice Treaty. The company consequently shifted to motorcycle production since the restrictions of the treaty started to be lifted in 1923, followed by automobiles within 1928-29.The first car which often BMW successfully produced plus the car which launched BMW in relation to automobile production was the Dixi, based on the Austin texas 7 and licensed on the Austin Motor Company within Birmingham, England.
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BMW's initial significant aircraft engine, and commercial product connected with any sort, was the BMW IIIa inline-six liquid-cooled serps of 1918, known for good gas economy and high-altitude functionality. With German rearmament in the 1930s, the company again started out producing aircraft engines for the Luftwaffe. The factory in Munich made ample utilization of forced labour: foreign civilians, prisoners of war and inmates from the concentration camp Dachau. Among its successful Globe War II engine models were the BMW 132 as well as BMW 801 air-cooled radial applications, 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 initially tested as a prime power plant inside the first prototype of the Messerschmitt Me 262, the Me 262 V1, but in 1942 testing the BMW prototype motors failed on takeoff along with only the standby Junkers Jumo 210 nose-mounted piston engine powering it to a safe landing. [11][12] The few Me 262 A-1b test examples built used the harder developed version of your 003 jet, recording an official best speed of 800 km/h (497 mph). The first-ever four-engine plane aircraft ever flown have been the sixth and eighth prototypes from the Arado Ar 234 jet reconnaissance-bomber, which used BMW 003 aircraft for power. Through 1944 the 003's consistency improved, making it a ideal power plant for oxygen frame designs competing to the Jägernotprogramm's light fighter production contract. which was won with 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 cars in 1944-45, as the GT tips. Towards the end with 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 business design studio DesignworksUSA, which they fully acquired in 1995. In 1994, BMW bought the British Rover Group[19] (which back then consisted of the Rover, Land Rover and MG brands plus the rights to defunct brands including Austin and Morris), and owned it intended for six years. By 2000, Rover was incurring huge losses and BMW decided to sell the combine. The MG and Rover brands were sold towards the Phoenix Consortium to style MG Rover, while Land Rover was taken over by Ford. BMW, meanwhile, retained the rights to develop the new Mini, which was launched with 2001.
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Main designer Chris Bangle introduced his departure from BMW inside February 2009, after serving on the style team for nearly 18 years. He was replaced by Adrian van Hooydonk, Bangle's former right-hand guy. Bangle was known pertaining to his radical designs such as 2002 7-Series and the actual 2002 Z4. In July 2007, the production rights intended for Husqvarna Motorcycles was purchased by BMW for any reported 93 million pounds. BMW Motorrad plans to remain operating Husqvarna Motorcycles being a separate enterprise. All development, sales and production activities, as well as the existing workforce, have remained in position at its present place 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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