Bayerische Motoren Werke AG German for Bavarian Motor Operates, usually known under it is abbreviation BMW, is a German high-class vehicles, motorcycle, and engine manufacturing company founded in 1916. Headquartered in Munich, Bavaria, Germany. BMW owns Mini cars and is particularly the parent company of Rolls-Royce Motor Cars. BMW produces motorcycles below BMW Motorrad, and plug-in electric cars within the BMW i sub-brand and the "iPerformance" model designation inside regular BMW lineup. It is one with the best-selling luxury automakers on the planet. The company is an element of the Euro Stoxx 50 stock market index.BMW was established to be a business entity following a restructuring on the Rapp Motorenwerke aircraft production firm in 1917. After the end regarding World War I inside 1918, BMW was forced to help cease aircraft-engine production from the terms of the Versailles Armistice Treaty. The company consequently moved to motorcycle production as the restrictions of the treaty has become lifted in 1923, followed by automobiles with 1928-29.The first car which BMW successfully produced and the car which launched BMW with respect to automobile production was your Dixi, based on the Austin 7 and licensed through the Austin Motor Company throughout Birmingham, England.
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BMW's initial significant aircraft engine, and commercial product connected with any sort, was the BMW IIIa inline-six liquid-cooled serp of 1918, known for good gasoline economy and high-altitude functionality. With German rearmament from the 1930s, the company again started producing aircraft engines for that Luftwaffe. The factory in Munich made ample using forced labour: foreign civilians, prisoners of war and inmates in the concentration camp Dachau. Among its successful Entire world War II engine patterns were the BMW 132 and also BMW 801 air-cooled radial motors, 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 first tested as a prime power plant in the first prototype of the actual Messerschmitt Me 262, the Me 262 V1, but in 1942 exams the BMW prototype applications failed on takeoff with only the standby Junkers Jumo 210 nose-mounted piston engine powering it into a safe landing. [11][12] The few Me 262 A-1b test examples built used greater developed version of the 003 jet, recording an official best speed of 800 km/h (497 mph). The first-ever four-engine fly aircraft ever flown ended up the sixth and eighth prototypes on the Arado Ar 234 airliner reconnaissance-bomber, which used BMW 003 jets for power. Through 1944 the 003's dependability improved, making it a suitable power plant for atmosphere frame designs competing to the Jägernotprogramm's light fighter manufacturing contract. which was won by the Heinkel He 162 Spatz pattern. The BMW 003 aviation turbojet was also in mind as the basic starting place for a pioneering turboshaft powerplant intended for German armored fighting vehicles in 1944-45, as the GT 101. Towards the end in the Third Reich, BMW developed some military aircraft projects with the Luftwaffe, the BMW Strahlbomber, the BMW Schnellbomber and also the BMW Strahljäger, but none of all of them were built.
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BMW 3-Series (F30)In 1992, BMW acquired a large stake in California-based business design studio DesignworksUSA, which they fully acquired in 1995. In 1994, BMW bought the English Rover Group[19] (which during 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 pertaining to six years. By 2000, Rover was incurring enormous losses and BMW chose to sell the combine. The MG and Rover brands were sold for the Phoenix Consortium to style MG Rover, while Land Rover was bought out by Ford. BMW, meanwhile, retained the rights to build the new Mini, which was launched throughout 2001.
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Primary designer Chris Bangle declared his departure from BMW throughout February 2009, after serving on the structure team for nearly over seventeen years. He was replaced by Adrian van Hooydonk, Bangle's former right-hand guy. Bangle was known regarding his radical designs like the 2002 7-Series and your 2002 Z4. In July 2007, the production rights pertaining to Husqvarna Motorcycles was purchased by BMW for a reported 93 million euros. BMW Motorrad plans to continue operating Husqvarna Motorcycles to be a separate enterprise. All development, sales and production actions, as well as the present workforce, have remained in location at its present spot at Varese.In June 2012, BMW was listed for the reason that #1 most reputable company in the world 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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