Bayerische Motoren Werke AG A language like german for Bavarian Motor Works, usually known under their abbreviation BMW, is a German high end vehicles, motorcycle, and engine manufacturing company founded in 1916. Headquartered in Munich, Bavaria, Germany. BMW owns Mini cars and is also the parent company regarding Rolls-Royce Motor Cars. BMW produces motorcycles below BMW Motorrad, and plug-in electric cars underneath the BMW i sub-brand along with the "iPerformance" model designation within the regular BMW lineup. It is one on the best-selling luxury automakers in the world. The company is a factor of the Euro Stoxx 50 wall street game index.BMW was established as being a business entity following a restructuring with the Rapp Motorenwerke aircraft manufacturing firm in 1917. After the end of World War I inside 1918, BMW was forced to help cease aircraft-engine production with the terms of the Versailles Armistice Treaty. The company consequently changed to motorcycle production since the restrictions of the treaty grew to become lifted in 1923, followed by automobiles in 1928-29.The first car which BMW successfully produced plus the car which launched BMW in relation to automobile production was the particular Dixi, based on the Austin tx 7 and licensed through the Austin Motor Company throughout Birmingham, England.
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BMW's initial significant aircraft engine, and commercial product regarding any sort, was the BMW IIIa inline-six liquid-cooled serps of 1918, known for good fuel economy and high-altitude performance. With German rearmament from the 1930s, the company again began producing aircraft engines for the Luftwaffe. The factory in Munich made ample by using forced labour: foreign civilians, prisoners of war and inmates from the concentration camp Dachau. Among its successful Globe War II engine styles were the BMW 132 and also 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 initially tested as a prime power plant within the first prototype of the Messerschmitt Me 262, the Me 262 V1, but in 1942 assessments the BMW prototype engines 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 Everyone 262 A-1b test examples built used the more developed version of your 003 jet, recording an official top speed of 800 km/h (497 mph). The first-ever four-engine jet aircraft ever flown were the sixth and eighth prototypes on the Arado Ar 234 jet reconnaissance-bomber, which used BMW 003 aircraft for power. Through 1944 the 003's dependability improved, making it a suitable power plant for oxygen frame designs competing for your Jägernotprogramm's light fighter manufacturing contract. which was won from the Heinkel He 162 Spatz design and style. The BMW 003 aviation turbojet was also into consideration as the basic starting place for a pioneering turboshaft powerplant pertaining to German armored fighting motor vehicles in 1944-45, as the GT information and facts. Towards the end of the Third Reich, BMW developed some military aircraft projects with the Luftwaffe, the BMW Strahlbomber, the BMW Schnellbomber along with the BMW Strahljäger, but none of all of them were built.
BMW 3-Series (F30)In 1992, BMW acquired a large stake in California-based commercial design studio DesignworksUSA, which they fully bought in 1995. In 1994, BMW bought the Uk Rover Group[19] (which during the time consisted of the Rover, Land Rover and MG brands as well as the rights to defunct manufacturers including Austin and Morris), and owned it for six years. By 2000, Rover was incurring massive losses and BMW thought i would sell the combine. The MG and Rover brands were sold to the Phoenix Consortium to type MG Rover, while Land Rover was taken over by Ford. BMW, meanwhile, retained the rights to construct the new Mini, which was launched in 2001.
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Key designer Chris Bangle declared his departure from BMW throughout February 2009, after serving on the style team for nearly 18 years. He was replaced through Adrian van Hooydonk, Bangle's former right-hand guy. Bangle was known with regard to his radical designs for example the 2002 7-Series and the 2002 Z4. In July 2007, the production rights regarding Husqvarna Motorcycles was purchased by BMW for just a reported 93 million pounds. BMW Motorrad plans to continue operating Husqvarna Motorcycles being a separate enterprise. All development, sales and production actions, as well as the latest workforce, have remained in place at its present spot at Varese.In June 2012, BMW was listed for the reason that #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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