Bayerische Motoren Werke AG A language like german for Bavarian Motor Performs, usually known under the abbreviation BMW, is a German high-class vehicles, motorcycle, and engine manufacturing business founded in 1916. Headquartered in Munich, Bavaria, Germany. BMW owns Mini cars and it is the parent company connected with Rolls-Royce Motor Cars. BMW produces motorcycles underneath BMW Motorrad, and plug-in electric cars under the BMW i sub-brand and the "iPerformance" model designation in the regular BMW lineup. It is one on the best-selling luxury automakers on this planet. The company is a component of the Euro Stoxx 50 stock trading game index.BMW was established as being a business entity following a restructuring in the Rapp Motorenwerke aircraft creation firm in 1917. After the end of World War I with 1918, BMW was forced to cease aircraft-engine production with the terms of the Versailles Armistice Treaty. The company consequently shifted to motorcycle production because the restrictions of the treaty grew to become lifted in 1923, followed by automobiles in 1928-29.The first car which in turn BMW successfully produced along with the car which launched BMW on the path to automobile production was the actual Dixi, based on the Austin 7 and licensed through the Austin Motor Company with Birmingham, England.
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BMW's very first 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 functionality. With German rearmament in the 1930s, the company again began producing aircraft engines for that 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 Entire world War II engine types were the BMW 132 in addition to BMW 801 air-cooled radial motors, and the pioneering BMW 003 axial-flow turbojet, which powered the tiny, 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 within the first prototype of the actual Messerschmitt Me 262, the Me 262 V1, but in 1942 exams the BMW prototype engines failed on takeoff having only the standby Junkers Jumo 210 nose-mounted piston engine powering it into a safe landing. [11][12] The few Myself 262 A-1b test examples built used the more developed version of the actual 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 in the Arado Ar 234 plane reconnaissance-bomber, which used BMW 003 aircraft for power. Through 1944 the 003's reliability improved, making it a appropriate power plant for atmosphere frame designs competing to the Jägernotprogramm's light fighter generation contract. which was won from the Heinkel He 162 Spatz layout. The BMW 003 aviation turbojet was also involved as the basic starting point for a pioneering turboshaft powerplant with regard to German armored fighting cars in 1944-45, as the GT tips. Towards the end in the Third Reich, BMW developed some military aircraft projects for that Luftwaffe, the BMW Strahlbomber, the BMW Schnellbomber along with the BMW Strahljäger, but none of all of them 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 back then consisted of the Rover, Land Rover and MG brands as well as the rights to defunct makes including Austin and Morris), and owned it with regard to six years. By 2000, Rover was incurring massive losses and BMW thought we would sell the combine. The MG and Rover brands were sold towards Phoenix Consortium to form MG Rover, while Land Rover was bought out by Ford. BMW, meanwhile, retained the rights to develop the new Mini, which was launched within 2001.
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Chief designer Chris Bangle released his departure from BMW in February 2009, after serving on the look team for nearly seventeen years. He was replaced through Adrian van Hooydonk, Bangle's former right-hand guy. Bangle was known regarding his radical designs such as 2002 7-Series and the 2002 Z4. In July 2007, the production rights intended for Husqvarna Motorcycles was purchased by BMW to get a 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 present workforce, have remained in location at its present position at Varese.In June 2012, BMW was listed as the #1 most reputable company on this 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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