Bayerische Motoren Werke AG A language like german for Bavarian Motor Performs, usually known under its abbreviation BMW, is a German luxurious vehicles, motorcycle, and engine manufacturing business 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 within BMW Motorrad, and plug-in electric cars within the BMW i sub-brand and also the "iPerformance" model designation inside the regular BMW lineup. It is one with the best-selling luxury automakers on the globe. The company is an element of the Euro Stoxx 50 stock market index.BMW was established as a business entity following a restructuring of the Rapp Motorenwerke aircraft creation firm in 1917. After the end associated with World War I throughout 1918, BMW was forced to be able to cease aircraft-engine production through the terms of the Versailles Armistice Treaty. The company consequently shifted to motorcycle production for the reason that restrictions of the treaty started to be lifted in 1923, followed by automobiles with 1928-29.The first car which in turn BMW successfully produced and also the car which launched BMW on the path to automobile production was your Dixi, based on the Austin 7 and licensed through the Austin Motor Company with Birmingham, England.
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BMW's primary significant aircraft engine, and commercial product of any sort, was the BMW IIIa inline-six liquid-cooled serps of 1918, known for good gas economy and high-altitude functionality. With German rearmament inside 1930s, the company again commenced producing aircraft engines with the Luftwaffe. The factory in Munich made ample utilization of forced labour: foreign civilians, prisoners of war and inmates with the concentration camp Dachau. Among its successful Earth War II engine designs were the BMW 132 as well as BMW 801 air-cooled radial machines, 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 tested as a prime power plant inside the first prototype of the Messerschmitt Me 262, the Me 262 V1, but in 1942 tests the BMW prototype engines 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 262 A-1b test examples built used the more developed version of the actual 003 jet, recording an official best speed of 800 km/h (497 mph). The first-ever four-engine plane aircraft ever flown had been the sixth and eighth prototypes in the Arado Ar 234 fly reconnaissance-bomber, which used BMW 003 aircraft for power. Through 1944 the 003's dependability improved, making it a suited power plant for air frame designs competing for your Jägernotprogramm's light fighter creation contract. which was won from the Heinkel He 162 Spatz design. The BMW 003 aviation turbojet was also involved as the basic starting point for a pioneering turboshaft powerplant intended for German armored fighting vehicles in 1944-45, as the GT information and facts. Towards the end with the Third Reich, BMW developed some military aircraft projects for the Luftwaffe, the BMW Strahlbomber, the BMW Schnellbomber along with the BMW Strahljäger, but none of all of them were built.
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BMW 3-Series (F30)In 1992, BMW acquired a huge stake in California-based business design studio DesignworksUSA, which they fully acquired in 1995. In 1994, BMW bought the British Rover Group[19] (which at that time consisted of the Rover, Land Rover and MG brands and also the rights to defunct makes 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 on 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 inside 2001.
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Chief designer Chris Bangle reported his departure from BMW inside February 2009, after serving on the planning team for nearly 19 years. He was replaced by simply Adrian van Hooydonk, Bangle's former right-hand person. Bangle was known pertaining to his radical designs such as 2002 7-Series and the actual 2002 Z4. In July 2007, the production rights with regard to Husqvarna Motorcycles was purchased by BMW for any reported 93 million euros. BMW Motorrad plans to continue operating Husqvarna Motorcycles to be a separate enterprise. All development, sales and production activities, as well as the current workforce, have remained in area at its present spot at Varese.In June 2012, BMW was listed because #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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