Bayerische Motoren Werke AG The german language for Bavarian Motor Performs, usually known under it's abbreviation BMW, is a German luxury vehicles, motorcycle, and engine manufacturing corporation founded in 1916. Headquartered in Munich, Bavaria, Germany. BMW owns Mini cars and is the parent company regarding 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 in the regular BMW lineup. It is one on the best-selling luxury automakers on this planet. The company is a component of the Euro Stoxx 50 stock exchange index.BMW was established to be a business entity following a restructuring with the Rapp Motorenwerke aircraft creation firm in 1917. After the end of World War I with 1918, BMW was forced to help cease aircraft-engine production through the terms of the Versailles Armistice Treaty. The company consequently moved to motorcycle production for the reason that restrictions of the treaty turned lifted in 1923, followed by automobiles inside 1928-29.The first car which usually BMW successfully produced along with the car which launched BMW with respect to automobile production was this Dixi, based on the Austin 7 and licensed from the Austin Motor Company inside 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 engine of 1918, known for good energy resource economy and high-altitude functionality. With German rearmament from the 1930s, the company again began producing aircraft engines for your Luftwaffe. The factory in Munich made ample use of forced labour: foreign civilians, prisoners of war and inmates in 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 tiny, 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 search engines failed on takeoff having only the standby Junkers Jumo 210 nose-mounted piston engine powering it with a safe landing. [11][12] The few Me 262 A-1b test examples built used the greater developed version of the 003 jet, recording an official best speed of 800 km/h (497 mph). The first-ever four-engine airliner aircraft ever flown were being the sixth and eighth prototypes in the Arado Ar 234 aircraft reconnaissance-bomber, which used BMW 003 aircraft for power. Through 1944 the 003's dependability improved, making it a acceptable power plant for fresh air frame designs competing to the Jägernotprogramm's light fighter output contract. which was won because of the Heinkel He 162 Spatz design. The BMW 003 aviation turbojet was also involved as the basic starting place for a pioneering turboshaft powerplant pertaining to German armored fighting cars in 1944-45, as the GT information. Towards the end of the Third Reich, BMW developed some military aircraft projects with the Luftwaffe, the BMW Strahlbomber, the BMW Schnellbomber along with the BMW Strahljäger, but none of these 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 isles Rover Group[19] (which at the time consisted of the Rover, Land Rover and MG brands as well as the rights to defunct brand names including Austin and Morris), and owned it with regard to six years. By 2000, Rover was incurring large losses and BMW decided to sell the combine. The MG and Rover brands were sold to 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 throughout 2001.
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Key designer Chris Bangle announced his departure from BMW in February 2009, after serving on the style team for nearly 18 years. He was replaced through Adrian van Hooydonk, Bangle's former right-hand male. Bangle was known for his radical designs like the 2002 7-Series and the particular 2002 Z4. In July 2007, the production rights for Husqvarna Motorcycles was purchased by BMW for a reported 93 million euros. BMW Motorrad plans to stay operating Husqvarna Motorcycles to be a separate enterprise. All development, sales and production actions, as well as the actual workforce, have remained in position at its present spot at Varese.In June 2012, BMW was listed as the #1 most reputable company on the 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.".
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