Bayerische Motoren Werke AG A language like german for Bavarian Motor Performs, usually known under their abbreviation BMW, is a German luxury vehicles, motorcycle, and engine manufacturing corporation founded in 1916. Headquartered in Munich, Bavaria, Germany. BMW owns Mini cars and it is the parent company regarding Rolls-Royce Motor Cars. BMW produces motorcycles underneath BMW Motorrad, and plug-in electric cars beneath the BMW i sub-brand plus the "iPerformance" model designation inside the regular BMW lineup. It is one on the best-selling luxury automakers in the world. The company is an element of the Euro Stoxx 50 stock trading game index.BMW was established as being a business entity following a restructuring in the Rapp Motorenwerke aircraft production firm in 1917. After the end involving World War I within 1918, BMW was forced in order to cease aircraft-engine production through the terms of the Versailles Armistice Treaty. The company consequently changed to motorcycle production because restrictions of the treaty has become lifted in 1923, followed by automobiles throughout 1928-29.The first car which often BMW successfully produced and also the car which launched BMW in relation to automobile production was this Dixi, based on the Austin 7 and licensed through the Austin Motor Company within Birmingham, England.
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BMW's 1st significant aircraft engine, and commercial product regarding any sort, was the BMW IIIa inline-six liquid-cooled serps of 1918, known for good energy resource economy and high-altitude functionality. With German rearmament within the 1930s, the company again commenced producing aircraft engines for your Luftwaffe. The factory in Munich made ample using forced labour: foreign civilians, prisoners of war and inmates on the concentration camp Dachau. Among its successful Entire world War II engine styles were the BMW 132 as well as BMW 801 air-cooled radial machines, 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 first tested as a prime power plant inside the first prototype of the particular Messerschmitt Me 262, the Me 262 V1, but in 1942 exams the BMW prototype applications failed on takeoff using only the standby Junkers Jumo 210 nose-mounted piston engine powering it to some safe landing. [11][12] The few Everyone 262 A-1b test examples built used a lot more developed version of the actual 003 jet, recording an official leading speed of 800 km/h (497 mph). The first-ever four-engine jet aircraft ever flown have been the sixth and eighth prototypes of the Arado Ar 234 airliner reconnaissance-bomber, which used BMW 003 jets for power. Through 1944 the 003's stability improved, making it a ideal power plant for air frame designs competing for that Jägernotprogramm's light fighter generation contract. which was won from the Heinkel He 162 Spatz design. The BMW 003 aviation turbojet was also into consideration as the basic beginning point for a pioneering turboshaft powerplant intended for German armored fighting automobiles in 1944-45, as the GT 101. Towards the end on the Third Reich, BMW developed some military aircraft projects for the Luftwaffe, the BMW Strahlbomber, the BMW Schnellbomber and the BMW Strahljäger, but none of these people were built.
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BMW 3-Series (F30)In 1992, BMW acquired a substantial 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 during the time consisted of the Rover, Land Rover and MG brands along with the rights to defunct brands including Austin and Morris), and owned it with regard to six years. By 2000, Rover was incurring massive losses and BMW decided to sell the combine. The MG and Rover brands were sold on the Phoenix Consortium to type MG Rover, while Land Rover was absorbed by Ford. BMW, meanwhile, retained the rights to develop the new Mini, which was launched throughout 2001.
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Main designer Chris Bangle reported his departure from BMW with February 2009, after serving on the design team for nearly over seventeen years. He was replaced simply by Adrian van Hooydonk, Bangle's former right-hand guy. Bangle was known for his radical designs such as 2002 7-Series and the 2002 Z4. In July 2007, the production rights regarding Husqvarna Motorcycles was purchased by BMW for the reported 93 million euros. BMW Motorrad plans to continue operating Husqvarna Motorcycles as a separate enterprise. All development, sales and production things to do, as well as the present workforce, have remained in position at its present spot at Varese.In June 2012, BMW was listed for the reason that #1 most reputable company on the 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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