Bayerische Motoren Werke AG In german for Bavarian Motor Functions, usually known under their abbreviation BMW, is a German extravagance 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 within BMW Motorrad, and plug-in electric cars underneath the BMW i sub-brand along with the "iPerformance" model designation inside regular BMW lineup. It is one in the best-selling luxury automakers in the world. The company is a component of the Euro Stoxx 50 wall street game index.BMW was established to be a business entity following a restructuring on the Rapp Motorenwerke aircraft producing firm in 1917. After the end associated with 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 shifted to motorcycle production because restrictions of the treaty grew to become lifted in 1923, followed by automobiles with 1928-29.The first car which usually BMW successfully produced plus the car which launched BMW on the path to automobile production was the Dixi, based on the Austin texas 7 and licensed from your Austin Motor Company inside Birmingham, England.
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BMW's 1st significant aircraft engine, and commercial product involving any sort, was the BMW IIIa inline-six liquid-cooled powerplant of 1918, known for good fuel economy and high-altitude functionality. With German rearmament within the 1930s, the company again commenced producing aircraft engines for that Luftwaffe. The factory in Munich made ample utilization of forced labour: foreign civilians, prisoners of war and inmates in the concentration camp Dachau. Among its successful Globe War II engine patterns were the BMW 132 as well as BMW 801 air-cooled radial machines, 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 initially tested as a prime power plant in the first prototype of the actual Messerschmitt Me 262, the Me 262 V1, but in 1942 testing the BMW prototype search engines failed on takeoff having 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 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 were being the sixth and eighth prototypes of the Arado Ar 234 fly reconnaissance-bomber, which used BMW 003 jets for power. Through 1944 the 003's reliability improved, making it a suited power plant for fresh air frame designs competing with the Jägernotprogramm's light fighter output contract. which was won through the Heinkel He 162 Spatz style. The BMW 003 aviation turbojet was also involved as the basic starting place for a pioneering turboshaft powerplant intended 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 the Luftwaffe, the BMW Strahlbomber, the BMW Schnellbomber along with the BMW Strahljäger, but none of these people were built.
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BMW 3-Series (F30)In 1992, BMW acquired a significant stake in California-based industrial design studio DesignworksUSA, which they fully bought in 1995. In 1994, BMW bought the Uk 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 with regard 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 type MG Rover, while Land Rover was bought out by Ford. BMW, meanwhile, retained the rights to build the new Mini, which was launched with 2001.
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Chief designer Chris Bangle declared his departure from BMW throughout February 2009, after serving on the look team for nearly 17 years. He was replaced simply by Adrian van Hooydonk, Bangle's former right-hand male. Bangle was known pertaining to his radical designs such as the 2002 7-Series and your 2002 Z4. In July 2007, the production rights regarding Husqvarna Motorcycles was purchased by BMW for a reported 93 million pounds. BMW Motorrad plans to stay operating Husqvarna Motorcycles as a separate enterprise. All development, sales and production activities, as well as the latest workforce, have remained in spot at its present area at Varese.In June 2012, BMW was listed because #1 most reputable company on this 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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