Bayerische Motoren Werke AG In german for Bavarian Motor Functions, usually known under it is abbreviation BMW, is a German luxury vehicles, motorcycle, and engine manufacturing company founded in 1916. Headquartered in Munich, Bavaria, Germany. BMW owns Mini cars and is particularly the parent company involving Rolls-Royce Motor Cars. BMW produces motorcycles underneath BMW Motorrad, and plug-in electric cars beneath the BMW i sub-brand and also the "iPerformance" model designation inside the regular BMW lineup. It is one from the best-selling luxury automakers in the world. The company is a factor of the Euro Stoxx 50 stock market index.BMW was established being a business entity following a restructuring in the Rapp Motorenwerke aircraft production firm in 1917. After the end involving World War I throughout 1918, BMW was forced to be able to cease aircraft-engine production from the terms of the Versailles Armistice Treaty. The company consequently altered to motorcycle production as the restrictions of the treaty has become lifted in 1923, followed by automobiles within 1928-29.The first car which often 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 from the Austin Motor Company with Birmingham, England.
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BMW's first 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 in the 1930s, the company again started out producing aircraft engines to the Luftwaffe. The factory in Munich made ample use of forced labour: foreign civilians, prisoners of war and inmates of the concentration camp Dachau. Among its successful World War II engine styles were the BMW 132 in addition to BMW 801 air-cooled radial machines, 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 initially tested as a prime power plant within the first prototype of your Messerschmitt Me 262, the Me 262 V1, but in 1942 tests the BMW prototype motors failed on takeoff along with only the standby Junkers Jumo 210 nose-mounted piston engine powering it with a safe landing. [11][12] The few Everyone 262 A-1b test examples built used the more developed version of your 003 jet, recording an official top speed of 800 km/h (497 mph). The first-ever four-engine airliner aircraft ever flown have been the sixth and eighth prototypes with the Arado Ar 234 jet reconnaissance-bomber, which used BMW 003 jets for power. Through 1944 the 003's reliability improved, making it a ideal power plant for atmosphere frame designs competing with the Jägernotprogramm's light fighter creation contract. which was won because of the Heinkel He 162 Spatz design. The BMW 003 aviation turbojet was also involved as the basic beginning for a pioneering turboshaft powerplant regarding German armored fighting automobiles in 1944-45, as the GT info. Towards the end from the Third Reich, BMW developed some military aircraft projects with the Luftwaffe, the BMW Strahlbomber, the BMW Schnellbomber as well as the BMW Strahljäger, but none of these individuals were built.
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BMW 3-Series (F30)In 1992, BMW acquired a big stake in California-based industrial design studio DesignworksUSA, which they fully acquired in 1995. In 1994, BMW bought the British isles Rover Group[19] (which at that time consisted of the Rover, Land Rover and MG brands in addition to the rights to defunct brand names including Austin and Morris), and owned it for six years. By 2000, Rover was incurring enormous losses and BMW thought i would sell the combine. The MG and Rover brands were sold on the Phoenix Consortium to type MG Rover, while Land Rover was taken over by Ford. BMW, meanwhile, retained the rights to create the new Mini, which was launched within 2001.
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Main designer Chris Bangle released his departure from BMW with February 2009, after serving on the style team for nearly 17 years. He was replaced by Adrian van Hooydonk, Bangle's former right-hand gentleman. Bangle was known intended for his radical designs including the 2002 7-Series and your 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 stay operating Husqvarna Motorcycles like a separate enterprise. All development, sales and production pursuits, as well as the present workforce, have remained in spot at its present position at Varese.In June 2012, BMW was listed as the #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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