Bayerische Motoren Werke AG A language like german for Bavarian Motor Works, usually known under its abbreviation BMW, is a German extravagance vehicles, motorcycle, and engine manufacturing business founded in 1916. Headquartered in Munich, Bavaria, Germany. BMW owns Mini cars which is the parent company regarding Rolls-Royce Motor Cars. BMW produces motorcycles under BMW Motorrad, and plug-in electric cars within the BMW i sub-brand as well as the "iPerformance" model designation in the regular BMW lineup. It is one of the best-selling luxury automakers on the planet. The company is a component of the Euro Stoxx 50 wall street game index.BMW was established as being a business entity following a restructuring from the Rapp Motorenwerke aircraft producing firm in 1917. After the end associated with World War I inside 1918, BMW was forced to be able to cease aircraft-engine production through the terms of the Versailles Armistice Treaty. The company consequently altered to motorcycle production as the restrictions of the treaty began to be lifted in 1923, followed by automobiles in 1928-29.The first car which in turn BMW successfully produced and also the car which launched BMW on the path to automobile production was the actual Dixi, based on the Austin 7 and licensed from your Austin Motor Company throughout Birmingham, England.
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BMW's initial significant aircraft engine, and commercial product associated with any sort, was the BMW IIIa inline-six liquid-cooled engine of 1918, known for good energy economy and high-altitude overall performance. With German rearmament inside 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 in the concentration camp Dachau. Among its successful Globe War II engine patterns were the BMW 132 in addition to BMW 801 air-cooled radial search 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 first tested as a prime power plant from the first prototype of your Messerschmitt Me 262, the Me 262 V1, but in 1942 tests the BMW prototype search engines failed on takeoff together with only the standby Junkers Jumo 210 nose-mounted piston engine powering it to some safe landing. [11][12] The few Everyone 262 A-1b test examples built used greater developed version of this 003 jet, recording an official major speed of 800 km/h (497 mph). The first-ever four-engine airliner aircraft ever flown were being 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 trustworthiness improved, making it a suitable power plant for air flow frame designs competing for the Jägernotprogramm's light fighter output contract. which was won through the Heinkel He 162 Spatz style. The BMW 003 aviation turbojet was also into consideration as the basic kick off point for a pioneering turboshaft powerplant for German armored fighting autos in 1944-45, as the GT information and facts. Towards the end on the Third Reich, BMW developed some military aircraft projects for the Luftwaffe, the BMW Strahlbomber, the BMW Schnellbomber and the BMW Strahljäger, but none of these people were built.
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BMW 3-Series (F30)In 1992, BMW acquired a big stake in California-based manufacturing design studio DesignworksUSA, which they fully obtained in 1995. In 1994, BMW bought the English Rover Group[19] (which back then consisted of the Rover, Land Rover and MG brands along with the rights to defunct models including Austin and Morris), and owned it with regard to six years. By 2000, Rover was incurring huge 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 absorbed by Ford. BMW, meanwhile, retained the rights to develop the new Mini, which was launched inside 2001.
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Fundamental designer Chris Bangle reported his departure from BMW throughout February 2009, after serving on the structure team for nearly seventeen years. He was replaced by Adrian van Hooydonk, Bangle's former right-hand person. Bangle was known regarding his radical designs such as 2002 7-Series and your 2002 Z4. In July 2007, the production rights for Husqvarna Motorcycles was purchased by BMW for just a reported 93 million pounds. BMW Motorrad plans to keep operating Husqvarna Motorcycles to be a separate enterprise. All development, sales and production routines, as well as the current workforce, have remained in place at its present area at Varese.In June 2012, BMW was listed since the #1 most reputable company in the world 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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