Bayerische Motoren Werke AG The german language for Bavarian Motor Is effective, usually known under it's abbreviation BMW, is a German high end vehicles, motorcycle, and engine manufacturing firm 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 beneath BMW Motorrad, and plug-in electric cars underneath the BMW i sub-brand along with the "iPerformance" model designation within the regular BMW lineup. It is one on the best-selling luxury automakers in the world. The company is a component of the Euro Stoxx 50 currency markets index.BMW was established like a business entity following a restructuring in the Rapp Motorenwerke aircraft creation firm in 1917. After the end associated with World War I inside 1918, BMW was forced to help cease aircraft-engine production because of the terms of the Versailles Armistice Treaty. The company consequently moved to motorcycle production since the restrictions of the treaty has become lifted in 1923, followed by automobiles in 1928-29.The first car that BMW successfully produced plus the car which launched BMW on the path to automobile production was this Dixi, based on the Austin 7 and licensed through the Austin Motor Company in Birmingham, England.
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BMW's initial significant aircraft engine, and commercial product associated with any sort, was the BMW IIIa inline-six liquid-cooled motor of 1918, known for good energy economy and high-altitude overall performance. With German rearmament from the 1930s, the company again began producing aircraft engines for that Luftwaffe. The factory in Munich made ample by using forced labour: foreign civilians, prisoners of war and inmates on the concentration camp Dachau. Among its successful Entire world War II engine patterns were the BMW 132 as well as BMW 801 air-cooled radial search engines, and the pioneering BMW 003 axial-flow turbojet, which powered the teeny, 1944-1945-era jet-powered "emergency fighter", the Heinkel He 162 Spatz. The BMW 003 jet engine was tested as a prime power plant in the first prototype of this Messerschmitt Me 262, the Me 262 V1, but in 1942 assessments the BMW prototype machines 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 personally 262 A-1b test examples built used a lot more developed version of the actual 003 jet, recording an official best speed of 800 km/h (497 mph). The first-ever four-engine fly aircraft ever flown had been the sixth and eighth prototypes on the Arado Ar 234 plane reconnaissance-bomber, which used BMW 003 jets for power. Through 1944 the 003's dependability improved, making it a appropriate power plant for oxygen frame designs competing to the Jägernotprogramm's light fighter production contract. which was won with the Heinkel He 162 Spatz design. The BMW 003 aviation turbojet was also into consideration as the basic starting point for a pioneering turboshaft powerplant pertaining to German armored fighting cars in 1944-45, as the GT tips. Towards the end from the Third Reich, BMW developed some military aircraft projects for that Luftwaffe, the BMW Strahlbomber, the BMW Schnellbomber as well as the BMW Strahljäger, but none of these 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 bought in 1995. In 1994, BMW bought the English Rover Group[19] (which back then consisted of the Rover, Land Rover and MG brands and also the rights to defunct makes including Austin and Morris), and owned it with regard to six years. By 2000, Rover was incurring enormous losses and BMW made a decision to sell the combine. The MG and Rover brands were sold towards Phoenix Consortium to kind MG Rover, while Land Rover was taken over by Ford. BMW, meanwhile, retained the rights to make the new Mini, which was launched within 2001.
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Primary designer Chris Bangle announced his departure from BMW inside February 2009, after serving on the style team for nearly over seventeen years. He was replaced simply by Adrian van Hooydonk, Bangle's former right-hand person. Bangle was known pertaining to his radical designs such as 2002 7-Series and the actual 2002 Z4. In July 2007, the production rights for Husqvarna Motorcycles was purchased by BMW for a reported 93 million euros. BMW Motorrad plans to remain operating Husqvarna Motorcycles being a separate enterprise. All development, sales and production routines, as well as the present workforce, have remained in area at its present place at Varese.In June 2012, BMW was listed since the #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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