Bayerische Motoren Werke AG In german for Bavarian Motor Works, usually known under it's abbreviation BMW, is a German high-class vehicles, motorcycle, and engine manufacturing company founded in 1916. Headquartered in Munich, Bavaria, Germany. BMW owns Mini cars which is the parent company associated with 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 within the regular BMW lineup. It is one of the best-selling luxury automakers on earth. The company is a factor of the Euro Stoxx 50 stock market index.BMW was established to be a business entity following a restructuring of the Rapp Motorenwerke aircraft producing firm in 1917. After the end associated with World War I throughout 1918, BMW was forced to be able to cease aircraft-engine production because of the terms of the Versailles Armistice Treaty. The company consequently altered to motorcycle production because restrictions of the treaty began to be lifted in 1923, followed by automobiles in 1928-29.The first car which BMW successfully produced and the car which launched BMW on the path to automobile production was the particular Dixi, based on the Austin texas 7 and licensed from your Austin Motor Company throughout Birmingham, England.
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BMW's 1st significant aircraft engine, and commercial product regarding any sort, was the BMW IIIa inline-six liquid-cooled motor of 1918, known for good energy economy and high-altitude effectiveness. With German rearmament inside 1930s, the company again begun producing aircraft engines for the Luftwaffe. The factory in Munich made ample using forced labour: foreign civilians, prisoners of war and inmates of the concentration camp Dachau. Among its successful Entire world 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 very small, 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 first prototype of the actual Messerschmitt Me 262, the Me 262 V1, but in 1942 assessments the BMW prototype search engines failed on takeoff together with only the standby Junkers Jumo 210 nose-mounted piston engine powering it to some safe landing. [11][12] The few Me personally 262 A-1b test examples built used the harder developed version of the particular 003 jet, recording an official major speed of 800 km/h (497 mph). The first-ever four-engine fly aircraft ever flown ended up 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 stability improved, making it a acceptable power plant for atmosphere frame designs competing for your Jägernotprogramm's light fighter production contract. which was won by the Heinkel He 162 Spatz pattern. The BMW 003 aviation turbojet was also under consideration as the basic kick off point for a pioneering turboshaft powerplant for German armored fighting vehicles in 1944-45, as the GT info. Towards the end with the Third Reich, BMW developed some military aircraft projects for the Luftwaffe, the BMW Strahlbomber, the BMW Schnellbomber plus the BMW Strahljäger, but none of these were built.
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BMW 3-Series (F30)In 1992, BMW acquired a big stake in California-based professional design studio DesignworksUSA, which they fully bought in 1995. In 1994, BMW bought the Uk Rover Group[19] (which at that time consisted of the Rover, Land Rover and MG brands plus the rights to defunct makes including Austin and Morris), and owned it for 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 type MG Rover, while Land Rover was absorbed by Ford. BMW, meanwhile, retained the rights to develop the new Mini, which was launched inside 2001.
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Primary designer Chris Bangle introduced his departure from BMW in February 2009, after serving on the style team for nearly seventeen years. He was replaced through Adrian van Hooydonk, Bangle's former right-hand man. Bangle was known regarding his radical designs including the 2002 7-Series and the particular 2002 Z4. In July 2007, the production rights with regard to Husqvarna Motorcycles was purchased by BMW for just a reported 93 million pounds. BMW Motorrad plans to carry on operating Husqvarna Motorcycles as a separate enterprise. All development, sales and production things to do, as well as the latest workforce, have remained in location at its present place 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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