Bayerische Motoren Werke AG German born for Bavarian Motor Operates, usually known under it is abbreviation BMW, is a German luxurious vehicles, motorcycle, and engine manufacturing firm founded in 1916. Headquartered in Munich, Bavaria, Germany. BMW owns Mini cars and is particularly the parent company involving Rolls-Royce Motor Cars. BMW produces motorcycles beneath BMW Motorrad, and plug-in electric cars under the BMW i sub-brand along with the "iPerformance" model designation from the regular BMW lineup. It is one on the best-selling luxury automakers on the planet. The company is a factor of the Euro Stoxx 50 wall street game index.BMW was established as being a business entity following a restructuring with the Rapp Motorenwerke aircraft creation firm in 1917. After the end connected 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 changed to motorcycle production as the restrictions of the treaty turned lifted in 1923, followed by automobiles inside 1928-29.The first car that BMW successfully produced plus the car which launched BMW on the road to automobile production was the particular Dixi, based on the Austin texas 7 and licensed from your Austin Motor Company within 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 functionality. With German rearmament within the 1930s, the company again started producing aircraft engines with the 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 Earth War II engine designs were the BMW 132 and BMW 801 air-cooled radial motors, and the pioneering BMW 003 axial-flow turbojet, which powered the little, 1944-1945-era jet-powered "emergency fighter", the Heinkel He 162 Spatz. The BMW 003 jet engine was initially 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 together with only the standby Junkers Jumo 210 nose-mounted piston engine powering it to a safe landing. [11][12] The few Me 262 A-1b test examples built used the more developed version of the 003 jet, recording an official prime speed of 800 km/h (497 mph). The first-ever four-engine airliner aircraft ever flown were being the sixth and eighth prototypes from the Arado Ar 234 jet reconnaissance-bomber, which used BMW 003 jets for power. Through 1944 the 003's dependability improved, making it a suitable power plant for atmosphere frame designs competing with the Jägernotprogramm's light fighter production contract. which was won through the Heinkel He 162 Spatz style. The BMW 003 aviation turbojet was also into account as the basic beginning point for a pioneering turboshaft powerplant intended for German armored fighting motor vehicles in 1944-45, as the GT information. Towards the end on the Third Reich, BMW developed some military aircraft projects for that Luftwaffe, the BMW Strahlbomber, the BMW Schnellbomber along with the BMW Strahljäger, but none of these individuals 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 purchased in 1995. In 1994, BMW bought the English Rover Group[19] (which at that time consisted of the Rover, Land Rover and MG brands as well as the rights to defunct models including Austin and Morris), and owned it pertaining to six years. By 2000, Rover was incurring large losses and BMW made a decision to sell the combine. The MG and Rover brands were sold for the Phoenix Consortium to kind MG Rover, while Land Rover was taken over by Ford. BMW, meanwhile, retained the rights to create the new Mini, which was launched throughout 2001.
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Key designer Chris Bangle declared his departure from BMW within February 2009, after serving on the structure team for nearly 17 years. He was replaced by simply Adrian van Hooydonk, Bangle's former right-hand male. Bangle was known regarding his radical designs such as the 2002 7-Series and the particular 2002 Z4. In July 2007, the production rights with regard to Husqvarna Motorcycles was purchased by BMW for the reported 93 million euros. BMW Motorrad plans to stay operating Husqvarna Motorcycles to be a separate enterprise. All development, sales and production activities, as well as the present workforce, have remained in area at its present place at Varese.In June 2012, BMW was listed because the #1 most reputable company on this 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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