Bayerische Motoren Werke AG German for Bavarian Motor Works, usually known under it's abbreviation BMW, is a German luxury vehicles, motorcycle, and engine manufacturing firm founded in 1916. Headquartered in Munich, Bavaria, Germany. BMW owns Mini cars and is particularly the parent company regarding Rolls-Royce Motor Cars. BMW produces motorcycles within BMW Motorrad, and plug-in electric cars underneath 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 in the world. The company is a component of the Euro Stoxx 50 stock market index.BMW was established to be a business entity following a restructuring of the Rapp Motorenwerke aircraft production firm in 1917. After the end regarding World War I inside 1918, BMW was forced in order to cease aircraft-engine production through the terms of the Versailles Armistice Treaty. The company consequently altered to motorcycle production because the restrictions of the treaty began to be lifted in 1923, followed by automobiles inside 1928-29.The first car which usually BMW successfully produced plus the car which launched BMW in relation to automobile production was your Dixi, based on the Austin 7 and licensed from your Austin Motor Company inside Birmingham, England.
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BMW's very first significant aircraft engine, and commercial product involving any sort, was the BMW IIIa inline-six liquid-cooled serps of 1918, known for good energy economy and high-altitude effectiveness. With German rearmament inside the 1930s, the company again begun producing aircraft engines for the Luftwaffe. The factory in Munich made ample by using forced labour: foreign civilians, prisoners of war and inmates on the concentration camp Dachau. Among its successful Planet War II engine designs were the BMW 132 and also BMW 801 air-cooled radial search engines, and the pioneering BMW 003 axial-flow turbojet, which powered the very small, 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 in the first prototype of your Messerschmitt Me 262, the Me 262 V1, but in 1942 exams the BMW prototype applications failed on takeoff having only the standby Junkers Jumo 210 nose-mounted piston engine powering it to your safe landing. [11][12] The few Us 262 A-1b test examples built used a lot more developed version of the 003 jet, recording an official major speed of 800 km/h (497 mph). The first-ever four-engine fly aircraft ever flown have been the sixth and eighth prototypes of the Arado Ar 234 airliner reconnaissance-bomber, which used BMW 003 jets for power. Through 1944 the 003's consistency improved, making it a suited power plant for fresh air frame designs competing for that Jägernotprogramm's light fighter production contract. which was won because of the Heinkel He 162 Spatz pattern. The BMW 003 aviation turbojet was also under consideration as the basic starting point for a pioneering turboshaft powerplant for German armored fighting motor vehicles in 1944-45, as the GT information. Towards the end of the Third Reich, BMW developed some military aircraft projects for 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 large stake in California-based manufacturing design studio DesignworksUSA, which they fully obtained in 1995. In 1994, BMW bought the British Rover Group[19] (which at that time consisted of the Rover, Land Rover and MG brands as well as the rights to defunct makes including Austin and Morris), and owned it with regard to six years. By 2000, Rover was incurring large losses and BMW thought we would sell the combine. The MG and Rover brands were sold towards the Phoenix Consortium to variety MG Rover, while Land Rover was bought out by Ford. BMW, meanwhile, retained the rights to create the new Mini, which was launched within 2001.
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Key designer Chris Bangle introduced his departure from BMW within February 2009, after serving on the structure team for nearly over seventeen years. He was replaced by means of Adrian van Hooydonk, Bangle's former right-hand man. Bangle was known intended for his radical designs such as the 2002 7-Series and your 2002 Z4. In July 2007, the production rights regarding Husqvarna Motorcycles was purchased by BMW to get a reported 93 million euros. BMW Motorrad plans to keep operating Husqvarna Motorcycles to be a separate enterprise. All development, sales and production activities, as well as the actual workforce, have remained in place at its present position at Varese.In June 2012, BMW was listed for the reason that #1 most reputable company on earth 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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