Bayerische Motoren Werke AG The german language for Bavarian Motor Operates, usually known under it's abbreviation BMW, is a German high end vehicles, motorcycle, and engine manufacturing corporation founded in 1916. Headquartered in Munich, Bavaria, Germany. BMW owns Mini cars and is the parent company connected with Rolls-Royce Motor Cars. BMW produces motorcycles underneath BMW Motorrad, and plug-in electric cars beneath BMW i sub-brand plus the "iPerformance" model designation in the regular BMW lineup. It is one in the best-selling luxury automakers on the planet. The company is a factor of the Euro Stoxx 50 stock market index.BMW was established like a business entity following a restructuring on the Rapp Motorenwerke aircraft making firm in 1917. After the end associated with World War I in 1918, BMW was forced to cease aircraft-engine production with the terms of the Versailles Armistice Treaty. The company consequently changed to motorcycle production since the restrictions of the treaty has become lifted in 1923, followed by automobiles inside 1928-29.The first car which usually BMW successfully produced plus the car which launched BMW on the path to automobile production was the particular Dixi, based on the Austin 7 and licensed through the 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 engine of 1918, known for good fuel economy and high-altitude efficiency. With German rearmament inside 1930s, the company again started producing aircraft engines to the Luftwaffe. The factory in Munich made ample by using forced labour: foreign civilians, prisoners of war and inmates of the concentration camp Dachau. Among its successful Planet War II engine designs were the BMW 132 and BMW 801 air-cooled radial motors, and the pioneering BMW 003 axial-flow turbojet, which powered the teeny, 1944-1945-era jet-powered "emergency fighter", the Heinkel He 162 Spatz. The BMW 003 jet engine was tested as a prime power plant within the first prototype of this Messerschmitt Me 262, the Me 262 V1, but in 1942 checks the BMW prototype motors failed on takeoff along with only the standby Junkers Jumo 210 nose-mounted piston engine powering it into a safe landing. [11][12] The few Me personally 262 A-1b test examples built used a lot more developed version of the particular 003 jet, recording an official prime speed of 800 km/h (497 mph). The first-ever four-engine jet aircraft ever flown had been the sixth and eighth prototypes of the Arado Ar 234 airliner reconnaissance-bomber, which used BMW 003 aircraft for power. Through 1944 the 003's dependability improved, making it a ideal power plant for oxygen frame designs competing for the Jägernotprogramm's light fighter generation contract. which was won from the Heinkel He 162 Spatz layout. The BMW 003 aviation turbojet was also under consideration as the basic beginning point for a pioneering turboshaft powerplant pertaining to German armored fighting cars in 1944-45, as the GT info. Towards the end from the Third Reich, BMW developed some military aircraft projects for the Luftwaffe, the BMW Strahlbomber, the BMW Schnellbomber and the BMW Strahljäger, but none of these individuals were built.
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BMW 3-Series (F30)In 1992, BMW acquired a large stake in California-based business design studio DesignworksUSA, which they fully bought in 1995. In 1994, BMW bought the United kingdom Rover Group[19] (which during the time consisted of the Rover, Land Rover and MG brands plus the rights to defunct brand names including Austin and Morris), and owned it with regard to six years. By 2000, Rover was incurring massive losses and BMW decided to sell the combine. The MG and Rover brands were sold towards the Phoenix Consortium to kind MG Rover, while Land Rover was bought out by Ford. BMW, meanwhile, retained the rights to make the new Mini, which was launched within 2001.
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Chief designer Chris Bangle introduced his departure from BMW throughout February 2009, after serving on the planning team for nearly 18 years. He was replaced by means of Adrian van Hooydonk, Bangle's former right-hand person. Bangle was known for his radical designs such as 2002 7-Series and the actual 2002 Z4. In July 2007, the production rights pertaining to Husqvarna Motorcycles was purchased by BMW for the reported 93 million pounds. BMW Motorrad plans to remain operating Husqvarna Motorcycles as a separate enterprise. All development, sales and production actions, as well as the actual workforce, have remained in spot at its present area at Varese.In June 2012, BMW was listed because the #1 most reputable company in the world 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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