Bayerische Motoren Werke AG German born for Bavarian Motor Functions, usually known under its abbreviation BMW, is a German high end vehicles, motorcycle, and engine manufacturing business founded in 1916. Headquartered in Munich, Bavaria, Germany. BMW owns Mini cars and is also the parent company involving Rolls-Royce Motor Cars. BMW produces motorcycles below BMW Motorrad, and plug-in electric cars within the BMW i sub-brand as well as the "iPerformance" model designation inside regular BMW lineup. It is one on the best-selling luxury automakers in the world. The company is an element of the Euro Stoxx 50 currency markets index.BMW was established to be a business entity following a restructuring with the Rapp Motorenwerke aircraft making firm in 1917. After the end regarding World War I in 1918, BMW was forced for you to cease aircraft-engine production by the terms of the Versailles Armistice Treaty. The company consequently altered to motorcycle production because the restrictions of the treaty began to be lifted in 1923, followed by automobiles throughout 1928-29.The first car which in turn BMW successfully produced as well as the car which launched BMW on the road to automobile production was your Dixi, based on the Austin tx 7 and licensed from the Austin Motor Company inside Birmingham, England.
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BMW's first significant aircraft engine, and commercial product of 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 in the 1930s, the company again began producing aircraft engines with the Luftwaffe. The factory in Munich made ample usage of forced labour: foreign civilians, prisoners of war and inmates in the concentration camp Dachau. Among its successful Entire world 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 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 Messerschmitt Me 262, the Me 262 V1, but in 1942 tests the BMW prototype applications failed on takeoff with only the standby Junkers Jumo 210 nose-mounted piston engine powering it to some safe landing. [11][12] The few Me personally 262 A-1b test examples built used the harder developed version of the 003 jet, recording an official major speed of 800 km/h (497 mph). The first-ever four-engine aircraft aircraft ever flown had been the sixth and eighth prototypes of the Arado Ar 234 jet reconnaissance-bomber, which used BMW 003 aircraft for power. Through 1944 the 003's stability improved, making it a ideal power plant for oxygen frame designs competing for your Jägernotprogramm's light fighter manufacturing contract. which was won by the Heinkel He 162 Spatz design. The BMW 003 aviation turbojet was also involved as the basic beginning for a pioneering turboshaft powerplant intended for German armored fighting cars in 1944-45, as the GT info. Towards the end with the Third Reich, BMW developed some military aircraft projects to the Luftwaffe, the BMW Strahlbomber, the BMW Schnellbomber along with the BMW Strahljäger, but none of these people were built.
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BMW 3-Series (F30)In 1992, BMW acquired a large stake in California-based business design studio DesignworksUSA, which they fully received in 1995. In 1994, BMW bought the United kingdom Rover Group[19] (which at that time consisted of the Rover, Land Rover and MG brands along with the rights to defunct makes including Austin and Morris), and owned it pertaining to six years. By 2000, Rover was incurring huge losses and BMW decided to sell the combine. The MG and Rover brands were sold for the Phoenix Consortium to variety MG Rover, while Land Rover was bought out by Ford. BMW, meanwhile, retained the rights to develop the new Mini, which was launched in 2001.
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Fundamental designer Chris Bangle announced his departure from BMW with February 2009, after serving on the look team for nearly 18 years. He was replaced by simply Adrian van Hooydonk, Bangle's former right-hand guy. Bangle was known pertaining to 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 stay operating Husqvarna Motorcycles like a separate enterprise. All development, sales and production activities, as well as the current workforce, have remained in spot at its present position at Varese.In June 2012, BMW was listed as the #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.".
As we approach the middle of the second quarter of 2016, BMW South
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