Bayerische Motoren Werke AG A language like german for Bavarian Motor Functions, usually known under it's abbreviation BMW, is a German luxurious vehicles, motorcycle, and engine manufacturing company founded in 1916. Headquartered in Munich, Bavaria, Germany. BMW owns Mini cars and it is the parent company regarding Rolls-Royce Motor Cars. BMW produces motorcycles beneath BMW Motorrad, and plug-in electric cars beneath the BMW i sub-brand and the "iPerformance" model designation from the regular BMW lineup. It is one in the best-selling luxury automakers on earth. The company is an element of the Euro Stoxx 50 currency markets index.BMW was established as being a business entity following a restructuring from the Rapp Motorenwerke aircraft making firm in 1917. After the end involving World War I within 1918, BMW was forced for you to cease aircraft-engine production through the terms of the Versailles Armistice Treaty. The company consequently changed to motorcycle production since the restrictions of the treaty turned lifted in 1923, followed by automobiles inside 1928-29.The first car which in turn BMW successfully produced as well as the car which launched BMW in relation to automobile production was your Dixi, based on the Austin 7 and licensed through the Austin Motor Company inside Birmingham, England.
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BMW's 1st significant aircraft engine, and commercial product connected with any sort, was the BMW IIIa inline-six liquid-cooled engine of 1918, known for good gas economy and high-altitude overall performance. With German rearmament inside 1930s, the company again begun producing aircraft engines to the Luftwaffe. The factory in Munich made ample use of forced labour: foreign civilians, prisoners of war and inmates of the concentration camp Dachau. Among its successful Earth War II engine types were the BMW 132 as well as BMW 801 air-cooled radial motors, 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 inside the first prototype of your Messerschmitt Me 262, the Me 262 V1, but in 1942 assessments the BMW prototype search engines failed on takeoff along with only the standby Junkers Jumo 210 nose-mounted piston engine powering it with a safe landing. [11][12] The few Us 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 jet aircraft ever flown have been the sixth and eighth prototypes in the Arado Ar 234 jet reconnaissance-bomber, which used BMW 003 aircraft for power. Through 1944 the 003's dependability improved, making it a acceptable power plant for air flow frame designs competing for that Jägernotprogramm's light fighter creation contract. which was won by the Heinkel He 162 Spatz layout. The BMW 003 aviation turbojet was also involved as the basic kick off point for a pioneering turboshaft powerplant pertaining to German armored fighting cars in 1944-45, as the GT information. Towards the end on the Third Reich, BMW developed some military aircraft projects to the Luftwaffe, the BMW Strahlbomber, the BMW Schnellbomber as well as the BMW Strahljäger, but none of these were built.
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BMW 3-Series (F30)In 1992, BMW acquired a significant stake in California-based industrial design studio DesignworksUSA, which they fully received in 1995. In 1994, BMW bought the British 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 regarding six years. By 2000, Rover was incurring large losses and BMW decided to sell the combine. The MG and Rover brands were sold towards 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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Main designer Chris Bangle introduced his departure from BMW with February 2009, after serving on the design team for nearly seventeen years. He was replaced by means of Adrian van Hooydonk, Bangle's former right-hand guy. Bangle was known pertaining to his radical designs like the 2002 7-Series and the particular 2002 Z4. In July 2007, the production rights pertaining to Husqvarna Motorcycles was purchased by BMW for the reported 93 million pounds. BMW Motorrad plans to continue operating Husqvarna Motorcycles being a separate enterprise. All development, sales and production routines, as well as the actual workforce, have remained in location at its present position at Varese.In June 2012, BMW was listed because #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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