Bayerische Motoren Werke AG German born for Bavarian Motor Works, usually known under its abbreviation BMW, is a German high-class vehicles, motorcycle, and engine manufacturing firm 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 plus the "iPerformance" model designation inside regular BMW lineup. It is one with the best-selling luxury automakers on earth. The company is a factor of the Euro Stoxx 50 wall street game index.BMW was established like a business entity following a restructuring of the Rapp Motorenwerke aircraft production firm in 1917. After the end involving World War I inside 1918, BMW was forced to help cease aircraft-engine production with the terms of the Versailles Armistice Treaty. The company consequently altered to motorcycle production as the restrictions of the treaty turned lifted in 1923, followed by automobiles throughout 1928-29.The first car which usually BMW successfully produced and the car which launched BMW on the road to automobile production was the particular Dixi, based on the Austin texas 7 and licensed through the Austin Motor Company within Birmingham, England.
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BMW's primary significant aircraft engine, and commercial product of any sort, was the BMW IIIa inline-six liquid-cooled serps of 1918, known for good gas economy and high-altitude effectiveness. With German rearmament inside the 1930s, the company again started producing aircraft engines for your Luftwaffe. The factory in Munich made ample using forced labour: foreign civilians, prisoners of war and inmates from the concentration camp Dachau. Among its successful Entire world War II engine patterns were the BMW 132 along with BMW 801 air-cooled radial applications, 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 tested as a prime power plant inside first prototype of this Messerschmitt Me 262, the Me 262 V1, but in 1942 assessments the BMW prototype machines failed on takeoff with only the standby Junkers Jumo 210 nose-mounted piston engine powering it with a safe landing. [11][12] The few Myself 262 A-1b test examples built used the harder developed version of the actual 003 jet, recording an official major speed of 800 km/h (497 mph). The first-ever four-engine airliner aircraft ever flown ended up the sixth and eighth prototypes of the Arado Ar 234 airliner reconnaissance-bomber, which used BMW 003 jets for power. Through 1944 the 003's trustworthiness improved, making it a acceptable power plant for air flow frame designs competing with the Jägernotprogramm's light fighter output contract. which was won by the Heinkel He 162 Spatz style. The BMW 003 aviation turbojet was also into account as the basic beginning for a pioneering turboshaft powerplant pertaining to German armored fighting motor vehicles in 1944-45, as the GT 101. Towards the end of the Third Reich, BMW developed some military aircraft projects with the Luftwaffe, the BMW Strahlbomber, the BMW Schnellbomber and also 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 industrial design studio DesignworksUSA, which they fully obtained in 1995. In 1994, BMW bought the British Rover Group[19] (which at that time 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 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 make the new Mini, which was launched in 2001.
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Main designer Chris Bangle released his departure from BMW within February 2009, after serving on the design team for nearly seventeen years. He was replaced by simply Adrian van Hooydonk, Bangle's former right-hand guy. Bangle was known intended for his radical designs for example the 2002 7-Series and this 2002 Z4. In July 2007, the production rights with regard to Husqvarna Motorcycles was purchased by BMW for just a reported 93 million pounds. BMW Motorrad plans to continue operating Husqvarna Motorcycles being a separate enterprise. All development, sales and production routines, as well as the actual workforce, have remained in spot at its present position at Varese.In June 2012, BMW was listed because #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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