Bayerische Motoren Werke AG German for Bavarian Motor Operates, usually known under its abbreviation BMW, is a German high-class vehicles, motorcycle, and engine manufacturing company founded in 1916. Headquartered in Munich, Bavaria, Germany. BMW owns Mini cars and it is the parent company associated with Rolls-Royce Motor Cars. BMW produces motorcycles under BMW Motorrad, and plug-in electric cars beneath BMW i sub-brand along with the "iPerformance" model designation in the regular BMW lineup. It is one in the best-selling luxury automakers in the world. The company is a component of the Euro Stoxx 50 stock trading game index.BMW was established like a business entity following a restructuring with the Rapp Motorenwerke aircraft creation firm in 1917. After the end regarding World War I throughout 1918, BMW was forced to be able to cease aircraft-engine production by the terms of the Versailles Armistice Treaty. The company consequently altered to motorcycle production as the restrictions of the treaty grew to become lifted in 1923, followed by automobiles with 1928-29.The first car which BMW successfully produced and also the car which launched BMW on the path to automobile production was the particular Dixi, based on the Austin tx 7 and licensed in the Austin Motor Company within Birmingham, England.
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BMW's first significant aircraft engine, and commercial product involving any sort, was the BMW IIIa inline-six liquid-cooled powerplant of 1918, known for good fuel economy and high-altitude efficiency. With German rearmament inside the 1930s, the company again started out producing aircraft engines for your Luftwaffe. The factory in Munich made ample use of forced labour: foreign civilians, prisoners of war and inmates of the concentration camp Dachau. Among its successful Entire world War II engine styles were the BMW 132 and also 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 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 machines failed on takeoff along with only the standby Junkers Jumo 210 nose-mounted piston engine powering it with a safe landing. [11][12] The few Everyone 262 A-1b test examples built used greater developed version of the particular 003 jet, recording an official best speed of 800 km/h (497 mph). The first-ever four-engine fly aircraft ever flown had been the sixth and eighth prototypes on the Arado Ar 234 airliner 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 for the Jägernotprogramm's light fighter generation contract. which was won from the Heinkel He 162 Spatz layout. The BMW 003 aviation turbojet was also under consideration as the basic starting place for a pioneering turboshaft powerplant regarding German armored fighting cars in 1944-45, as the GT 101. Towards the end in the Third Reich, BMW developed some military aircraft projects to the Luftwaffe, the BMW Strahlbomber, the BMW Schnellbomber plus the BMW Strahljäger, but none of them were built.
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BMW 3-Series (F30)In 1992, BMW acquired a substantial stake in California-based commercial design studio DesignworksUSA, which they fully purchased in 1995. In 1994, BMW bought the British isles Rover Group[19] (which at the time consisted of the Rover, Land Rover and MG brands along with the rights to defunct manufacturers including Austin and Morris), and owned it with regard to six years. By 2000, Rover was incurring big losses and BMW made a decision to sell the combine. The MG and Rover brands were sold on the Phoenix Consortium to kind MG Rover, while Land Rover was taken over by Ford. BMW, meanwhile, retained the rights to make the new Mini, which was launched throughout 2001.
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Key designer Chris Bangle declared his departure from BMW within February 2009, after serving on the planning team for nearly 18 years. He was replaced by simply Adrian van Hooydonk, Bangle's former right-hand male. Bangle was known regarding his radical designs such as the 2002 7-Series and the particular 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 keep operating Husqvarna Motorcycles being a separate enterprise. All development, sales and production activities, as well as the actual workforce, have remained in location at its present position at Varese.In June 2012, BMW was listed since the #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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