Bayerische Motoren Werke AG German for Bavarian Motor Performs, usually known under it's abbreviation BMW, is a German high end vehicles, motorcycle, and engine manufacturing organization founded in 1916. Headquartered in Munich, Bavaria, Germany. BMW owns Mini cars and is particularly the parent company associated with Rolls-Royce Motor Cars. BMW produces motorcycles underneath BMW Motorrad, and plug-in electric cars beneath BMW i sub-brand and the "iPerformance" model designation inside regular BMW lineup. It is one from the best-selling luxury automakers in the world. The company is a factor of the Euro Stoxx 50 stock trading game index.BMW was established as a business entity following a restructuring of the Rapp Motorenwerke aircraft making firm in 1917. After the end of 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 changed to motorcycle production because the restrictions of the treaty turned lifted in 1923, followed by automobiles inside 1928-29.The first car which often BMW successfully produced as well as the car which launched BMW in relation to automobile production was this Dixi, based on the Austin texas 7 and licensed on the Austin Motor Company inside 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 serp of 1918, known for good energy resource economy and high-altitude overall performance. With German rearmament within the 1930s, the company again started producing aircraft engines for the Luftwaffe. The factory in Munich made ample by using forced labour: foreign civilians, prisoners of war and inmates in the concentration camp Dachau. Among its successful World War II engine styles were the BMW 132 and also 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 from the first prototype of the actual Messerschmitt Me 262, the Me 262 V1, but in 1942 testing the BMW prototype search engines failed on takeoff together with only the standby Junkers Jumo 210 nose-mounted piston engine powering it into a safe landing. [11][12] The few Me personally 262 A-1b test examples built used the harder developed version of this 003 jet, recording an official major speed of 800 km/h (497 mph). The first-ever four-engine airliner aircraft ever flown had been the sixth and eighth prototypes from the Arado Ar 234 aircraft reconnaissance-bomber, which used BMW 003 aircraft for power. Through 1944 the 003's consistency improved, making it a suited power plant for air frame designs competing for that Jägernotprogramm's light fighter generation contract. which was won from the Heinkel He 162 Spatz pattern. The BMW 003 aviation turbojet was also under consideration as the basic starting place for a pioneering turboshaft powerplant for German armored fighting motor vehicles in 1944-45, as the GT information and facts. Towards the end with the Third Reich, BMW developed some military aircraft projects for your Luftwaffe, the BMW Strahlbomber, the BMW Schnellbomber and also the BMW Strahljäger, but none of them were built.
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BMW 3-Series (F30)In 1992, BMW acquired a significant stake in California-based commercial design studio DesignworksUSA, which they fully acquired in 1995. In 1994, BMW bought the Uk Rover Group[19] (which during the time consisted of the Rover, Land Rover and MG brands and also 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 decided to sell the combine. The MG and Rover brands were sold for the Phoenix Consortium to form MG Rover, while Land Rover was taken over by Ford. BMW, meanwhile, retained the rights to construct the new Mini, which was launched within 2001.
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Key designer Chris Bangle declared his departure from BMW within February 2009, after serving on the design team for nearly seventeen years. He was replaced by Adrian van Hooydonk, Bangle's former right-hand gentleman. Bangle was known regarding his radical designs including the 2002 7-Series and this 2002 Z4. In July 2007, the production rights pertaining to Husqvarna Motorcycles was purchased by BMW for a reported 93 million euros. BMW Motorrad plans to stay operating Husqvarna Motorcycles as being a separate enterprise. All development, sales and production activities, as well as the current workforce, have remained in area at its present position at Varese.In June 2012, BMW was listed because 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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