Bayerische Motoren Werke AG German for Bavarian Motor Works, usually known under the abbreviation BMW, is a German luxury vehicles, motorcycle, and engine manufacturing corporation founded in 1916. Headquartered in Munich, Bavaria, Germany. BMW owns Mini cars which is the parent company connected with Rolls-Royce Motor Cars. BMW produces motorcycles under BMW Motorrad, and plug-in electric cars underneath the BMW i sub-brand plus the "iPerformance" model designation from the regular BMW lineup. It is one from the best-selling luxury automakers in the world. The company is a component of the Euro Stoxx 50 currency markets index.BMW was established to be a business entity following a restructuring with the Rapp Motorenwerke aircraft production firm in 1917. After the end connected with World War I inside 1918, BMW was forced for you to cease aircraft-engine production because of the terms of the Versailles Armistice Treaty. The company consequently changed to motorcycle production because the restrictions of the treaty has become lifted in 1923, followed by automobiles with 1928-29.The first car which in turn BMW successfully produced as well as the car which launched BMW on the road to automobile production was the actual Dixi, based on the Austin tx 7 and licensed from the Austin Motor Company inside Birmingham, England.
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BMW's 1st significant aircraft engine, and commercial product associated with any sort, was the BMW IIIa inline-six liquid-cooled motor of 1918, known for good gasoline economy and high-altitude effectiveness. With German rearmament in the 1930s, the company again started out producing aircraft engines for your Luftwaffe. The factory in Munich made ample utilization of forced labour: foreign civilians, prisoners of war and inmates of the concentration camp Dachau. Among its successful World War II engine models were the BMW 132 as well as BMW 801 air-cooled radial machines, 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 first tested as a prime power plant from the first prototype of the particular Messerschmitt Me 262, the Me 262 V1, but in 1942 testing the BMW prototype applications failed on takeoff together with only the standby Junkers Jumo 210 nose-mounted piston engine powering it to some safe landing. [11][12] The few Me 262 A-1b test examples built used the harder developed version of this 003 jet, recording an official prime speed of 800 km/h (497 mph). The first-ever four-engine airliner aircraft ever flown ended up the sixth and eighth prototypes of the Arado Ar 234 plane reconnaissance-bomber, which used BMW 003 jets for power. Through 1944 the 003's reliability improved, making it a ideal power plant for fresh air frame designs competing for the Jägernotprogramm's light fighter generation contract. which was won through the Heinkel He 162 Spatz style. The BMW 003 aviation turbojet was also in mind as the basic starting point for a pioneering turboshaft powerplant pertaining to German armored fighting cars in 1944-45, as the GT information and facts. Towards the end in the Third Reich, BMW developed some military aircraft projects for your Luftwaffe, the BMW Strahlbomber, the BMW Schnellbomber plus the BMW Strahljäger, but none of them were built.
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BMW 3-Series (F30)In 1992, BMW acquired a large stake in California-based professional design studio DesignworksUSA, which they fully purchased in 1995. In 1994, BMW bought the Uk Rover Group[19] (which back then consisted of the Rover, Land Rover and MG brands along with the rights to defunct models including Austin and Morris), and owned it for six years. By 2000, Rover was incurring big losses and BMW made a decision to sell the combine. The MG and Rover brands were sold towards the Phoenix Consortium to type MG Rover, while Land Rover was bought out by Ford. BMW, meanwhile, retained the rights to construct the new Mini, which was launched with 2001.
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Fundamental designer Chris Bangle declared his departure from BMW within February 2009, after serving on the look team for nearly seventeen years. He was replaced through Adrian van Hooydonk, Bangle's former right-hand man. Bangle was known regarding his radical designs such as the 2002 7-Series and the 2002 Z4. In July 2007, the production rights pertaining to Husqvarna Motorcycles was purchased by BMW to get a reported 93 million pounds. BMW Motorrad plans to continue operating Husqvarna Motorcycles being a separate enterprise. All development, sales and production activities, as well as the latest workforce, have remained in position at its present place at Varese.In June 2012, BMW was listed because 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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