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Bayerische Motoren Werke AG In german for Bavarian Motor Performs, usually known under it's abbreviation BMW, is a German luxurious vehicles, motorcycle, and engine manufacturing corporation 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 below BMW Motorrad, and plug-in electric cars under the BMW i sub-brand as well as the "iPerformance" model designation within the regular BMW lineup. It is one with the best-selling luxury automakers on the planet. The company is a factor of the Euro Stoxx 50 currency markets index.BMW was established to be a business entity following a restructuring with the Rapp Motorenwerke aircraft making firm in 1917. After the end of World War I within 1918, BMW was forced to cease aircraft-engine production from the terms of the Versailles Armistice Treaty. The company consequently altered to motorcycle production for the reason that restrictions of the treaty began to be lifted in 1923, followed by automobiles within 1928-29.The first car which in turn BMW successfully produced and the car which launched BMW in relation to automobile production was the particular Dixi, based on the Austin tx 7 and licensed on the Austin Motor Company in Birmingham, England.

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BMW's primary significant aircraft engine, and commercial product involving any sort, was the BMW IIIa inline-six liquid-cooled serps of 1918, known for good gasoline economy and high-altitude performance. With German rearmament inside the 1930s, the company again commenced producing aircraft engines for the Luftwaffe. The factory in Munich made ample by using forced labour: foreign civilians, prisoners of war and inmates from the concentration camp Dachau. Among its successful Planet War II engine styles were the BMW 132 and BMW 801 air-cooled radial machines, and the pioneering BMW 003 axial-flow turbojet, which powered the little, 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 the particular Messerschmitt Me 262, the Me 262 V1, but in 1942 assessments the BMW prototype motors failed on takeoff having only the standby Junkers Jumo 210 nose-mounted piston engine powering it to a safe landing. [11][12] The few Me personally 262 A-1b test examples built used a lot more developed version of the actual 003 jet, recording an official top speed of 800 km/h (497 mph). The first-ever four-engine jet aircraft ever flown were the sixth and eighth prototypes with the Arado Ar 234 plane reconnaissance-bomber, which used BMW 003 jets for power. Through 1944 the 003's stability improved, making it a suited power plant for air flow frame designs competing to the Jägernotprogramm's light fighter output contract. which was won by the Heinkel He 162 Spatz pattern. The BMW 003 aviation turbojet was also into 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 of the Third Reich, BMW developed some military aircraft projects with the Luftwaffe, the BMW Strahlbomber, the BMW Schnellbomber plus the BMW Strahljäger, but none of these individuals were built.

Version of BMW’s Z4 roadsterPhoto: Reuters – Version of BMW’s

BMW 3-Series (F30)In 1992, BMW acquired a significant stake in California-based manufacturing design studio DesignworksUSA, which they fully purchased in 1995. In 1994, BMW bought the Uk Rover Group[19] (which during the time consisted of the Rover, Land Rover and MG brands plus the rights to defunct models including Austin and Morris), and owned it intended for six years. By 2000, Rover was incurring enormous losses and BMW decided to sell the combine. The MG and Rover brands were sold to the Phoenix Consortium to kind MG Rover, while Land Rover was taken over by Ford. BMW, meanwhile, retained the rights to construct the new Mini, which was launched in 2001.

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Main designer Chris Bangle declared his departure from BMW throughout February 2009, after serving on the look team for nearly 18 years. He was replaced by means of Adrian van Hooydonk, Bangle's former right-hand guy. Bangle was known regarding his radical designs such as the 2002 7-Series and the particular 2002 Z4. In July 2007, the production rights regarding Husqvarna Motorcycles was purchased by BMW for the reported 93 million pounds. BMW Motorrad plans to keep operating Husqvarna Motorcycles as being a separate enterprise. All development, sales and production things to do, as well as the existing workforce, have remained in area at its present position at Varese.In June 2012, BMW was listed as the #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.".