Bayerische Motoren Werke AG A language like german for Bavarian Motor Functions, usually known under it is abbreviation BMW, is a German high-class vehicles, motorcycle, and engine manufacturing corporation founded in 1916. Headquartered in Munich, Bavaria, Germany. BMW owns Mini cars and it is the parent company regarding Rolls-Royce Motor Cars. BMW produces motorcycles below BMW Motorrad, and plug-in electric cars beneath BMW i sub-brand as well as the "iPerformance" model designation in the regular BMW lineup. It is one of the best-selling luxury automakers on this planet. The company is an element of the Euro Stoxx 50 wall street game index.BMW was established as being a business entity following a restructuring from the Rapp Motorenwerke aircraft producing firm in 1917. After the end associated with World War I inside 1918, BMW was forced to cease aircraft-engine production with the terms of the Versailles Armistice Treaty. The company consequently moved to motorcycle production because the restrictions of the treaty turned lifted in 1923, followed by automobiles inside 1928-29.The first car which in turn BMW successfully produced along with the car which launched BMW with respect to automobile production was the particular Dixi, based on the Austin texas 7 and licensed in the Austin Motor Company with Birmingham, England.
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BMW's 1st 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 resource economy and high-altitude efficiency. With German rearmament from the 1930s, the company again started out producing aircraft engines to the Luftwaffe. The factory in Munich made ample use of forced labour: foreign civilians, prisoners of war and inmates in the concentration camp Dachau. Among its successful Earth War II engine models were the BMW 132 and also BMW 801 air-cooled radial search engines, and the pioneering BMW 003 axial-flow turbojet, which powered the 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 from the first prototype of the Messerschmitt Me 262, the Me 262 V1, but in 1942 checks the BMW prototype search engines failed on takeoff along with 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 greater developed version of this 003 jet, recording an official prime speed of 800 km/h (497 mph). The first-ever four-engine fly aircraft ever flown have been the sixth and eighth prototypes from the Arado Ar 234 airliner reconnaissance-bomber, which used BMW 003 jets for power. Through 1944 the 003's stability improved, making it a ideal power plant for air frame designs competing to the Jägernotprogramm's light fighter generation contract. which was won through the Heinkel He 162 Spatz design. The BMW 003 aviation turbojet was also into account as the basic beginning for a pioneering turboshaft powerplant for German armored fighting autos in 1944-45, as the GT information and facts. Towards the end of the Third Reich, BMW developed some military aircraft projects for your Luftwaffe, the BMW Strahlbomber, the BMW Schnellbomber as well as the BMW Strahljäger, but none of these were built.
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BMW 3-Series (F30)In 1992, BMW acquired a substantial stake in California-based manufacturing design studio DesignworksUSA, which they fully bought in 1995. In 1994, BMW bought the United kingdom Rover Group[19] (which right at that moment consisted of the Rover, Land Rover and MG brands as well as the rights to defunct models including Austin and Morris), and owned it regarding six years. By 2000, Rover was incurring enormous losses and BMW chose to sell the combine. The MG and Rover brands were sold towards the Phoenix Consortium to variety MG Rover, while Land Rover was absorbed by Ford. BMW, meanwhile, retained the rights to build the new Mini, which was launched throughout 2001.
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Fundamental designer Chris Bangle announced his departure from BMW within February 2009, after serving on the style team for nearly 19 years. He was replaced by means of Adrian van Hooydonk, Bangle's former right-hand person. Bangle was known with regard to his radical designs such as 2002 7-Series and this 2002 Z4. In July 2007, the production rights regarding Husqvarna Motorcycles was purchased by BMW for a reported 93 million euros. BMW Motorrad plans to continue operating Husqvarna Motorcycles as being a separate enterprise. All development, sales and production pursuits, as well as the latest workforce, have remained in location at its present spot at Varese.In June 2012, BMW was listed as the #1 most reputable company on the globe 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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