Bayerische Motoren Werke AG German born for Bavarian Motor Works, usually known under their abbreviation BMW, is a German high-class 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 under the BMW i sub-brand plus the "iPerformance" model designation in the regular BMW lineup. It is one with the best-selling luxury automakers on the planet. The company is a factor of the Euro Stoxx 50 stock market index.BMW was established as being a business entity following a restructuring on the Rapp Motorenwerke aircraft production firm in 1917. After the end associated with World War I within 1918, BMW was forced to help cease aircraft-engine production through the terms of the Versailles Armistice Treaty. The company consequently moved to motorcycle production because restrictions of the treaty turned lifted in 1923, followed by automobiles in 1928-29.The first car that BMW successfully produced plus the car which launched BMW with respect to automobile production was this Dixi, based on the Austin texas 7 and licensed on the Austin Motor Company in Birmingham, England.
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BMW's initial significant aircraft engine, and commercial product connected with any sort, was the BMW IIIa inline-six liquid-cooled motor of 1918, known for good fuel economy and high-altitude overall performance. With German rearmament inside the 1930s, the company again began producing aircraft engines for 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 Planet War II engine designs were the BMW 132 along with 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 in the first prototype of the Messerschmitt Me 262, the Me 262 V1, but in 1942 tests the BMW prototype applications failed on takeoff using 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 a lot more developed version of this 003 jet, recording an official major speed of 800 km/h (497 mph). The first-ever four-engine fly aircraft ever flown were the sixth and eighth prototypes from the Arado Ar 234 aircraft reconnaissance-bomber, which used BMW 003 jets for power. Through 1944 the 003's stability improved, making it a suited power plant for fresh air frame designs competing for your Jägernotprogramm's light fighter generation contract. which was won through the Heinkel He 162 Spatz design and style. The BMW 003 aviation turbojet was also into consideration as the basic beginning for a pioneering turboshaft powerplant with regard to German armored fighting automobiles in 1944-45, as the GT tips. Towards the end on the Third Reich, BMW developed some military aircraft projects for the 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 big stake in California-based manufacturing design studio DesignworksUSA, which they fully obtained in 1995. In 1994, BMW bought the British Rover Group[19] (which during the time consisted of the Rover, Land Rover and MG brands along with the rights to defunct makes including Austin and Morris), and owned it with regard to six years. By 2000, Rover was incurring enormous losses and BMW decided to sell the combine. The MG and Rover brands were sold on the Phoenix Consortium to variety MG Rover, while Land Rover was bought out by Ford. BMW, meanwhile, retained the rights to construct the new Mini, which was launched in 2001.
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Key designer Chris Bangle declared his departure from BMW with February 2009, after serving on the style team for nearly 17 years. He was replaced simply by Adrian van Hooydonk, Bangle's former right-hand gentleman. Bangle was known with regard to his radical designs including the 2002 7-Series and this 2002 Z4. In July 2007, the production rights intended for Husqvarna Motorcycles was purchased by BMW for the reported 93 million euros. BMW Motorrad plans to remain operating Husqvarna Motorcycles to be a separate enterprise. All development, sales and production routines, as well as the latest workforce, have remained in position at its present area 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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