Bayerische Motoren Werke AG The german language for Bavarian Motor Works, usually known under their abbreviation BMW, is a German extravagance vehicles, motorcycle, and engine manufacturing company founded in 1916. Headquartered in Munich, Bavaria, Germany. BMW owns Mini cars and is the parent company of Rolls-Royce Motor Cars. BMW produces motorcycles within BMW Motorrad, and plug-in electric cars within the BMW i sub-brand and the "iPerformance" model designation inside regular BMW lineup. It is one on the best-selling luxury automakers on the planet. The company is a factor of the Euro Stoxx 50 currency markets index.BMW was established like a business entity following a restructuring of the Rapp Motorenwerke aircraft creation firm in 1917. After the end involving World War I with 1918, BMW was forced in order to cease aircraft-engine production with the terms of the Versailles Armistice Treaty. The company consequently altered to motorcycle production as the restrictions of the treaty has become lifted in 1923, followed by automobiles in 1928-29.The first car which BMW successfully produced plus the car which launched BMW on the path to automobile production was your Dixi, based on the Austin tx 7 and licensed in the Austin Motor Company throughout Birmingham, England.
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BMW's first significant aircraft engine, and commercial product regarding any sort, was the BMW IIIa inline-six liquid-cooled engine of 1918, known for good energy resource economy and high-altitude efficiency. With German rearmament within the 1930s, the company again commenced producing aircraft engines with the Luftwaffe. The factory in Munich made ample usage of forced labour: foreign civilians, prisoners of war and inmates of the concentration camp Dachau. Among its successful World War II engine models 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 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 inside first prototype of your Messerschmitt Me 262, the Me 262 V1, but in 1942 assessments the BMW prototype motors failed on takeoff with only the standby Junkers Jumo 210 nose-mounted piston engine powering it to your safe landing. [11][12] The few Everyone 262 A-1b test examples built used the harder developed version of this 003 jet, recording an official leading speed of 800 km/h (497 mph). The first-ever four-engine fly aircraft ever flown were 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 reliability improved, making it a suited power plant for air frame designs competing for your Jägernotprogramm's light fighter generation contract. which was won through the Heinkel He 162 Spatz style. The BMW 003 aviation turbojet was also in mind as the basic beginning for a pioneering turboshaft powerplant for German armored fighting automobiles in 1944-45, as the GT 101. Towards the end on the Third Reich, BMW developed some military aircraft projects for your Luftwaffe, the BMW Strahlbomber, the BMW Schnellbomber plus the BMW Strahljäger, but none of these were built.
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BMW 3-Series (F30)In 1992, BMW acquired a big stake in California-based commercial design studio DesignworksUSA, which they fully obtained in 1995. In 1994, BMW bought the British isles Rover Group[19] (which at that time consisted of the Rover, Land Rover and MG brands as well as the rights to defunct brands including Austin and Morris), and owned it for 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 Phoenix Consortium to style MG Rover, while Land Rover was bought out by Ford. BMW, meanwhile, retained the rights to create the new Mini, which was launched inside 2001.
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Chief designer Chris Bangle introduced his departure from BMW in February 2009, after serving on the look team for nearly seventeen years. He was replaced by simply Adrian van Hooydonk, Bangle's former right-hand person. Bangle was known pertaining to his radical designs including the 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 as being a separate enterprise. All development, sales and production pursuits, as well as the latest workforce, have remained in area at its present spot at Varese.In June 2012, BMW was listed since the #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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