Bayerische Motoren Werke AG In german for Bavarian Motor Is effective, usually known under it's abbreviation BMW, is a German extravagance 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 as well as the "iPerformance" model designation within the regular BMW lineup. It is one from the best-selling luxury automakers in the world. The company is an element of the Euro Stoxx 50 stock exchange index.BMW was established to be a business entity following a restructuring in the Rapp Motorenwerke aircraft manufacturing firm in 1917. After the end of World War I within 1918, BMW was forced to help cease aircraft-engine production by the terms of the Versailles Armistice Treaty. The company consequently changed to motorcycle production since the restrictions of the treaty started to be lifted in 1923, followed by automobiles inside 1928-29.The first car which usually BMW successfully produced plus the car which launched BMW in relation to automobile production was your Dixi, based on the Austin tx 7 and licensed through the Austin Motor Company in Birmingham, England.
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BMW's initial significant aircraft engine, and commercial product regarding any sort, was the BMW IIIa inline-six liquid-cooled serp of 1918, known for good energy resource economy and high-altitude performance. With German rearmament inside 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 from the concentration camp Dachau. Among its successful Globe War II engine styles were the BMW 132 and also BMW 801 air-cooled radial applications, and the pioneering BMW 003 axial-flow turbojet, which powered the small, 1944-1945-era jet-powered "emergency fighter", the Heinkel He 162 Spatz. The BMW 003 jet engine was tested as a prime power plant inside the first prototype of your Messerschmitt Me 262, the Me 262 V1, but in 1942 exams the BMW prototype engines failed on takeoff with only the standby Junkers Jumo 210 nose-mounted piston engine powering it to some safe landing. [11][12] The few Me personally 262 A-1b test examples built used the harder developed version of the 003 jet, recording an official major speed of 800 km/h (497 mph). The first-ever four-engine jet aircraft ever flown had been the sixth and eighth prototypes in the Arado Ar 234 jet reconnaissance-bomber, which used BMW 003 jets for power. Through 1944 the 003's consistency improved, making it a appropriate power plant for oxygen frame designs competing for that Jägernotprogramm's light fighter production contract. which was won because of the Heinkel He 162 Spatz design. The BMW 003 aviation turbojet was also in mind as the basic beginning for a pioneering turboshaft powerplant for German armored fighting motor vehicles in 1944-45, as the GT information. Towards the end from the Third Reich, BMW developed some military aircraft projects for your Luftwaffe, the BMW Strahlbomber, the BMW Schnellbomber and the BMW Strahljäger, but none of these people were built.
BMW 3-Series (F30)In 1992, BMW acquired a big stake in California-based manufacturing design studio DesignworksUSA, which they fully received in 1995. In 1994, BMW bought the United kingdom Rover Group[19] (which at that time consisted of the Rover, Land Rover and MG brands in addition to the rights to defunct manufacturers including Austin and Morris), and owned it pertaining to 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 kind MG Rover, while Land Rover was taken over by Ford. BMW, meanwhile, retained the rights to build the new Mini, which was launched within 2001.
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Chief designer Chris Bangle introduced his departure from BMW within February 2009, after serving on the look team for nearly 19 years. He was replaced by means of Adrian van Hooydonk, Bangle's former right-hand gentleman. Bangle was known regarding his radical designs for example the 2002 7-Series and the particular 2002 Z4. In July 2007, the production rights intended for Husqvarna Motorcycles was purchased by BMW for the reported 93 million euros. BMW Motorrad plans to carry on operating Husqvarna Motorcycles being a separate enterprise. All development, sales and production things to do, as well as the actual workforce, have remained in place at its present location at Varese.In June 2012, BMW was listed because #1 most reputable company on the globe 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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