Bayerische Motoren Werke AG German born for Bavarian Motor Works, usually known under it's abbreviation BMW, is a German luxury vehicles, motorcycle, and engine manufacturing corporation founded in 1916. Headquartered in Munich, Bavaria, Germany. BMW owns Mini cars and is the parent company associated with Rolls-Royce Motor Cars. BMW produces motorcycles below BMW Motorrad, and plug-in electric cars within the BMW i sub-brand along with the "iPerformance" model designation within the regular BMW lineup. It is one of the best-selling luxury automakers on earth. The company is a factor of the Euro Stoxx 50 stock market index.BMW was established like a business entity following a restructuring on the Rapp Motorenwerke aircraft making firm in 1917. After the end regarding World War I with 1918, BMW was forced for you to cease aircraft-engine production because of the terms of the Versailles Armistice Treaty. The company consequently changed to motorcycle production as the restrictions of the treaty started to be lifted in 1923, followed by automobiles with 1928-29.The first car which usually BMW successfully produced as well as the car which launched BMW on the road to automobile production was this Dixi, based on the Austin texas 7 and licensed from your Austin Motor Company in Birmingham, England.
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BMW's 1st significant aircraft engine, and commercial product regarding any sort, was the BMW IIIa inline-six liquid-cooled motor of 1918, known for good energy economy and high-altitude performance. With German rearmament from the 1930s, the company again started out producing aircraft engines for your Luftwaffe. The factory in Munich made ample by using forced labour: foreign civilians, prisoners of war and inmates on the concentration camp Dachau. Among its successful Planet War II engine designs were the BMW 132 and BMW 801 air-cooled radial motors, and the pioneering BMW 003 axial-flow turbojet, which powered the teeny, 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 first prototype of this Messerschmitt Me 262, the Me 262 V1, but in 1942 exams the BMW prototype engines failed on takeoff along with only the standby Junkers Jumo 210 nose-mounted piston engine powering it to some safe landing. [11][12] The few Myself 262 A-1b test examples built used greater developed version of your 003 jet, recording an official major speed of 800 km/h (497 mph). The first-ever four-engine jet aircraft ever flown had been the sixth and eighth prototypes in the Arado Ar 234 airliner reconnaissance-bomber, which used BMW 003 aircraft for power. Through 1944 the 003's reliability improved, making it a ideal power plant for atmosphere frame designs competing for the Jägernotprogramm's light fighter output contract. which was won by the Heinkel He 162 Spatz layout. The BMW 003 aviation turbojet was also in mind as the basic beginning for a pioneering turboshaft powerplant pertaining to German armored fighting autos in 1944-45, as the GT info. Towards the end of the Third Reich, BMW developed some military aircraft projects to the Luftwaffe, the BMW Strahlbomber, the BMW Schnellbomber as well as the BMW Strahljäger, but none of them were built.
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BMW 3-Series (F30)In 1992, BMW acquired a huge stake in California-based manufacturing design studio DesignworksUSA, which they fully acquired in 1995. In 1994, BMW bought the British isles Rover Group[19] (which right at that moment consisted of the Rover, Land Rover and MG brands in addition to the rights to defunct manufacturers including Austin and Morris), and owned it intended for 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 towards Phoenix Consortium to style 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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Chief designer Chris Bangle reported his departure from BMW throughout February 2009, after serving on the style team for nearly 19 years. He was replaced by Adrian van Hooydonk, Bangle's former right-hand man. Bangle was known with regard to his radical designs such as the 2002 7-Series and your 2002 Z4. In July 2007, the production rights intended for Husqvarna Motorcycles was purchased by BMW for any reported 93 million euros. BMW Motorrad plans to carry on operating Husqvarna Motorcycles to be a separate enterprise. All development, sales and production pursuits, as well as the latest workforce, have remained in position at its present area at Varese.In June 2012, BMW was listed for the reason that #1 most reputable company on earth 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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