Bayerische Motoren Werke AG The german language for Bavarian Motor Functions, usually known under their abbreviation BMW, is a German high-class vehicles, motorcycle, and engine manufacturing corporation 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 below BMW Motorrad, and plug-in electric cars beneath BMW i sub-brand along with the "iPerformance" model designation within the regular BMW lineup. It is one in the best-selling luxury automakers in the world. The company is an element of the Euro Stoxx 50 stock exchange index.BMW was established to be a business entity following a restructuring of the Rapp Motorenwerke aircraft making firm in 1917. After the end associated with World War I with 1918, BMW was forced for you to cease aircraft-engine production because of the terms of the Versailles Armistice Treaty. The company consequently changed to motorcycle production because restrictions of the treaty began to be lifted in 1923, followed by automobiles with 1928-29.The first car which often BMW successfully produced and the car which launched BMW on the path to automobile production was this Dixi, based on the Austin texas 7 and licensed in the Austin Motor Company throughout Birmingham, England.
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BMW's first significant aircraft engine, and commercial product associated with any sort, was the BMW IIIa inline-six liquid-cooled motor of 1918, known for good energy resource economy and high-altitude overall performance. With German rearmament inside the 1930s, the company again started producing aircraft engines with the Luftwaffe. The factory in Munich made ample using forced labour: foreign civilians, prisoners of war and inmates in the concentration camp Dachau. Among its successful Earth War II engine types were the BMW 132 and BMW 801 air-cooled radial applications, and the pioneering BMW 003 axial-flow turbojet, which powered the teeny, 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 the first prototype of your Messerschmitt Me 262, the Me 262 V1, but in 1942 testing the BMW prototype applications failed on takeoff with only the standby Junkers Jumo 210 nose-mounted piston engine powering it to a safe landing. [11][12] The few Us 262 A-1b test examples built used the more developed version of your 003 jet, recording an official top speed of 800 km/h (497 mph). The first-ever four-engine aircraft aircraft ever flown were being the sixth and eighth prototypes on the Arado Ar 234 airliner reconnaissance-bomber, which used BMW 003 jets for power. Through 1944 the 003's dependability improved, making it a appropriate power plant for air frame designs competing for your Jägernotprogramm's light fighter production contract. which was won because of the Heinkel He 162 Spatz style. The BMW 003 aviation turbojet was also under consideration as the basic starting point for a pioneering turboshaft powerplant pertaining to German armored fighting vehicles in 1944-45, as the GT tips. Towards the end from the Third Reich, BMW developed some military aircraft projects for that Luftwaffe, the BMW Strahlbomber, the BMW Schnellbomber and the BMW Strahljäger, but none of these people 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 acquired in 1995. In 1994, BMW bought the British isles Rover Group[19] (which during the time consisted of the Rover, Land Rover and MG brands along with the rights to defunct brand names including Austin and Morris), and owned it pertaining to six years. By 2000, Rover was incurring massive losses and BMW thought i would sell the combine. The MG and Rover brands were sold to the Phoenix Consortium to style MG Rover, while Land Rover was taken over by Ford. BMW, meanwhile, retained the rights to build the new Mini, which was launched in 2001.
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Main designer Chris Bangle declared his departure from BMW with February 2009, after serving on the look team for nearly 18 years. He was replaced by Adrian van Hooydonk, Bangle's former right-hand male. Bangle was known pertaining to his radical designs like the 2002 7-Series and the particular 2002 Z4. In July 2007, the production rights intended for Husqvarna Motorcycles was purchased by BMW to get a reported 93 million euros. BMW Motorrad plans to stay operating Husqvarna Motorcycles like a separate enterprise. All development, sales and production routines, as well as the actual workforce, have remained in place at its present spot 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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