Bayerische Motoren Werke AG German born for Bavarian Motor Performs, usually known under it is abbreviation BMW, is a German luxurious vehicles, motorcycle, and engine manufacturing firm 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 under BMW Motorrad, and plug-in electric cars beneath BMW i sub-brand and also the "iPerformance" model designation from the regular BMW lineup. It is one from the best-selling luxury automakers on the globe. The company is a factor of the Euro Stoxx 50 currency markets index.BMW was established as a business entity following a restructuring in the Rapp Motorenwerke aircraft creation firm in 1917. After the end involving World War I inside 1918, BMW was forced to be able to cease aircraft-engine production with 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 throughout 1928-29.The first car which BMW successfully produced and the car which launched BMW in relation to automobile production was this Dixi, based on the Austin tx 7 and licensed in the Austin Motor Company throughout 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 gas economy and high-altitude overall performance. With German rearmament inside 1930s, the company again started producing aircraft engines for that Luftwaffe. The factory in Munich made ample usage of forced labour: foreign civilians, prisoners of war and inmates of the concentration camp Dachau. Among its successful Planet War II engine models were the BMW 132 and also BMW 801 air-cooled radial motors, 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 inside first prototype of the particular Messerschmitt Me 262, the Me 262 V1, but in 1942 exams the BMW prototype search engines failed on takeoff with only the standby Junkers Jumo 210 nose-mounted piston engine powering it to your safe landing. [11][12] The few Me personally 262 A-1b test examples built used a lot more developed version of the 003 jet, recording an official leading speed of 800 km/h (497 mph). The first-ever four-engine jet aircraft ever flown were the sixth and eighth prototypes in the Arado Ar 234 plane reconnaissance-bomber, which used BMW 003 aircraft for power. Through 1944 the 003's trustworthiness improved, making it a acceptable power plant for atmosphere frame designs competing for the Jägernotprogramm's light fighter production contract. which was won with the Heinkel He 162 Spatz pattern. The BMW 003 aviation turbojet was also into consideration as the basic kick off point for a pioneering turboshaft powerplant pertaining to German armored fighting autos in 1944-45, as the GT info. Towards the end of 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 these were built.
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BMW 3-Series (F30)In 1992, BMW acquired a huge stake in California-based manufacturing 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 along with the rights to defunct manufacturers including Austin and Morris), and owned it for six years. By 2000, Rover was incurring huge losses and BMW chose to sell the combine. The MG and Rover brands were sold towards the Phoenix Consortium to style MG Rover, while Land Rover was absorbed by Ford. BMW, meanwhile, retained the rights to make the new Mini, which was launched in 2001.
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Fundamental designer Chris Bangle introduced his departure from BMW in February 2009, after serving on the look team for nearly over seventeen years. He was replaced simply by Adrian van Hooydonk, Bangle's former right-hand gentleman. Bangle was known for his radical designs such as the 2002 7-Series and this 2002 Z4. In July 2007, the production rights regarding Husqvarna Motorcycles was purchased by BMW for just a reported 93 million pounds. BMW Motorrad plans to keep operating Husqvarna Motorcycles as being a separate enterprise. All development, sales and production actions, as well as the actual workforce, have remained in area at its present location at Varese.In June 2012, BMW was listed for the reason that #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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