Bayerische Motoren Werke AG In german for Bavarian Motor Is effective, usually known under it's abbreviation BMW, is a German luxury vehicles, motorcycle, and engine manufacturing organization founded in 1916. Headquartered in Munich, Bavaria, Germany. BMW owns Mini cars and is particularly the parent company of Rolls-Royce Motor Cars. BMW produces motorcycles underneath BMW Motorrad, and plug-in electric cars beneath the BMW i sub-brand as well as the "iPerformance" model designation inside the regular BMW lineup. It is one with the best-selling luxury automakers on the planet. The company is a component of the Euro Stoxx 50 stock trading game index.BMW was established as being a business entity following a restructuring of the Rapp Motorenwerke aircraft producing firm in 1917. After the end involving World War I with 1918, BMW was forced to help cease aircraft-engine production by the terms of the Versailles Armistice Treaty. The company consequently moved to motorcycle production as the restrictions of the treaty started to be lifted in 1923, followed by automobiles in 1928-29.The first car which in turn BMW successfully produced and also the car which launched BMW in relation to automobile production was the particular Dixi, based on the Austin 7 and licensed through the Austin Motor Company throughout Birmingham, England.
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BMW's 1st significant aircraft engine, and commercial product involving any sort, was the BMW IIIa inline-six liquid-cooled powerplant of 1918, known for good energy resource economy and high-altitude performance. With German rearmament in the 1930s, the company again commenced producing aircraft engines for that Luftwaffe. The factory in Munich made ample utilization of forced labour: foreign civilians, prisoners of war and inmates in the concentration camp Dachau. Among its successful Globe War II engine types were the BMW 132 and also BMW 801 air-cooled radial search engines, 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 inside the first prototype of your Messerschmitt Me 262, the Me 262 V1, but in 1942 exams the BMW prototype applications failed on takeoff using only the standby Junkers Jumo 210 nose-mounted piston engine powering it to a safe landing. [11][12] The few Me personally 262 A-1b test examples built used greater developed version of the particular 003 jet, recording an official leading speed of 800 km/h (497 mph). The first-ever four-engine airliner aircraft ever flown have been the sixth and eighth prototypes in the Arado Ar 234 aircraft 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 with the Jägernotprogramm's light fighter generation contract. which was won with the Heinkel He 162 Spatz design. The BMW 003 aviation turbojet was also into account as the basic starting point for a pioneering turboshaft powerplant for German armored fighting automobiles in 1944-45, as the GT 101. Towards the end in 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 big stake in California-based commercial 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 as well as the rights to defunct manufacturers including Austin and Morris), and owned it pertaining to six years. By 2000, Rover was incurring massive losses and BMW decided to sell the combine. The MG and Rover brands were sold on the Phoenix Consortium to kind MG Rover, while Land Rover was bought out by Ford. BMW, meanwhile, retained the rights to build the new Mini, which was launched within 2001.
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Main designer Chris Bangle declared his departure from BMW throughout February 2009, after serving on the look team for nearly 17 years. He was replaced simply by Adrian van Hooydonk, Bangle's former right-hand gentleman. Bangle was known pertaining to his radical designs such as the 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 pounds. BMW Motorrad plans to keep operating Husqvarna Motorcycles to be a separate enterprise. All development, sales and production activities, as well as the existing workforce, have remained in area at its present place 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.".
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