Bayerische Motoren Werke AG German born for Bavarian Motor Functions, usually known under their abbreviation BMW, is a German luxurious vehicles, motorcycle, and engine manufacturing business founded in 1916. Headquartered in Munich, Bavaria, Germany. BMW owns Mini cars and is particularly the parent company connected with Rolls-Royce Motor Cars. BMW produces motorcycles below BMW Motorrad, and plug-in electric cars underneath the BMW i sub-brand and also the "iPerformance" model designation from the regular BMW lineup. It is one with the best-selling luxury automakers on this planet. The company is an element of the Euro Stoxx 50 stock exchange index.BMW was established as a business entity following a restructuring on the Rapp Motorenwerke aircraft creation firm in 1917. After the end regarding World War I within 1918, BMW was forced for you to cease aircraft-engine production from the terms of the Versailles Armistice Treaty. The company consequently shifted to motorcycle production for the reason that 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 plus the car which launched BMW on the path to automobile production was this Dixi, based on the Austin texas 7 and licensed in the Austin Motor Company inside Birmingham, England.
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BMW's initial significant aircraft engine, and commercial product involving any sort, was the BMW IIIa inline-six liquid-cooled engine of 1918, known for good fuel economy and high-altitude effectiveness. With German rearmament in the 1930s, the company again commenced producing aircraft engines with the Luftwaffe. The factory in Munich made ample utilization 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 and BMW 801 air-cooled radial machines, and the pioneering BMW 003 axial-flow turbojet, which powered the very 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 inside the first prototype of the actual Messerschmitt Me 262, the Me 262 V1, but in 1942 tests the BMW prototype motors failed on takeoff having only the standby Junkers Jumo 210 nose-mounted piston engine powering it with a safe landing. [11][12] The few Me personally 262 A-1b test examples built used the more developed version of the actual 003 jet, recording an official prime speed of 800 km/h (497 mph). The first-ever four-engine plane aircraft ever flown were the sixth and eighth prototypes in the Arado Ar 234 plane reconnaissance-bomber, which used BMW 003 aircraft for power. Through 1944 the 003's trustworthiness improved, making it a ideal power plant for atmosphere frame designs competing for your Jägernotprogramm's light fighter generation contract. which was won by the Heinkel He 162 Spatz design. The BMW 003 aviation turbojet was also involved as the basic starting place for a pioneering turboshaft powerplant pertaining to German armored fighting cars in 1944-45, as the GT information and facts. Towards the end with the Third Reich, BMW developed some military aircraft projects for that 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 significant stake in California-based commercial design studio DesignworksUSA, which they fully received in 1995. In 1994, BMW bought the English Rover Group[19] (which at that time consisted of the Rover, Land Rover and MG brands in addition to the rights to defunct makes including Austin and Morris), and owned it with regard to six years. By 2000, Rover was incurring enormous losses and BMW made a decision to sell the combine. The MG and Rover brands were sold for the Phoenix Consortium to style MG Rover, while Land Rover was bought out by Ford. BMW, meanwhile, retained the rights to construct the new Mini, which was launched within 2001.
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Main designer Chris Bangle introduced his departure from BMW throughout February 2009, after serving on the structure team for nearly 17 years. He was replaced through Adrian van Hooydonk, Bangle's former right-hand man. Bangle was known intended for his radical designs for example the 2002 7-Series and your 2002 Z4. In July 2007, the production rights pertaining to Husqvarna Motorcycles was purchased by BMW for any reported 93 million pounds. BMW Motorrad plans to continue operating Husqvarna Motorcycles like a separate enterprise. All development, sales and production things to do, as well as the present workforce, have remained in area at its present position at Varese.In June 2012, BMW was listed for the reason that #1 most reputable company on the planet 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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