Bayerische Motoren Werke AG The german language for Bavarian Motor Operates, usually known under it's abbreviation BMW, is a German high-class vehicles, motorcycle, and engine manufacturing firm founded in 1916. Headquartered in Munich, Bavaria, Germany. BMW owns Mini cars which is the parent company of Rolls-Royce Motor Cars. BMW produces motorcycles under BMW Motorrad, and plug-in electric cars under the BMW i sub-brand as well as the "iPerformance" model designation in the regular BMW lineup. It is one on the best-selling luxury automakers on the planet. The company is a component of the Euro Stoxx 50 stock trading game index.BMW was established as a business entity following a restructuring on the Rapp Motorenwerke aircraft creation firm in 1917. After the end regarding World War I throughout 1918, BMW was forced for you to cease aircraft-engine production through the terms of the Versailles Armistice Treaty. The company consequently altered to motorcycle production since the restrictions of the treaty started to be lifted in 1923, followed by automobiles in 1928-29.The first car that BMW successfully produced and also the car which launched BMW with respect to automobile production was this Dixi, based on the Austin tx 7 and licensed on the Austin Motor Company within Birmingham, England.
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BMW's first significant aircraft engine, and commercial product connected with any sort, was the BMW IIIa inline-six liquid-cooled powerplant of 1918, known for good gasoline economy and high-altitude performance. With German rearmament in the 1930s, the company again started out producing aircraft engines for that Luftwaffe. The factory in Munich made ample by using forced labour: foreign civilians, prisoners of war and inmates with the concentration camp Dachau. Among its successful Entire world War II engine types were the BMW 132 in addition to BMW 801 air-cooled radial engines, and the pioneering BMW 003 axial-flow turbojet, which powered the 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 the actual Messerschmitt Me 262, the Me 262 V1, but in 1942 exams 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 Everyone 262 A-1b test examples built used the harder 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 aircraft reconnaissance-bomber, which used BMW 003 aircraft for power. Through 1944 the 003's dependability improved, making it a suitable power plant for oxygen frame designs competing to the Jägernotprogramm's light fighter manufacturing contract. which was won by the Heinkel He 162 Spatz design. The BMW 003 aviation turbojet was also involved as the basic starting place for a pioneering turboshaft powerplant regarding German armored fighting vehicles in 1944-45, as the GT tips. Towards the end with the Third Reich, BMW developed some military aircraft projects for your Luftwaffe, the BMW Strahlbomber, the BMW Schnellbomber along with the BMW Strahljäger, but none of these were built.
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BMW 3-Series (F30)In 1992, BMW acquired a huge stake in California-based commercial design studio DesignworksUSA, which they fully acquired in 1995. In 1994, BMW bought the United kingdom Rover Group[19] (which at the time consisted of the Rover, Land Rover and MG brands along with the rights to defunct brands including Austin and Morris), and owned it regarding 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 style MG Rover, while Land Rover was taken over by Ford. BMW, meanwhile, retained the rights to construct the new Mini, which was launched inside 2001.
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Key designer Chris Bangle introduced his departure from BMW inside February 2009, after serving on the structure team for nearly 18 years. He was replaced by simply Adrian van Hooydonk, Bangle's former right-hand man. Bangle was known regarding his radical designs for example the 2002 7-Series and this 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 continue operating Husqvarna Motorcycles as 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 since the #1 most reputable company on the globe 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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