Bayerische Motoren Werke AG German born for Bavarian Motor Operates, usually known under the abbreviation BMW, is a German luxury vehicles, motorcycle, and engine manufacturing business founded in 1916. Headquartered in Munich, Bavaria, Germany. BMW owns Mini cars and is particularly the parent company associated with Rolls-Royce Motor Cars. BMW produces motorcycles within BMW Motorrad, and plug-in electric cars beneath BMW i sub-brand plus the "iPerformance" model designation in the 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 stock exchange index.BMW was established as a business entity following a restructuring with the Rapp Motorenwerke aircraft manufacturing firm in 1917. After the end of World War I with 1918, BMW was forced to be able to cease aircraft-engine production from the terms of the Versailles Armistice Treaty. The company consequently altered to motorcycle production as the restrictions of the treaty has become lifted in 1923, followed by automobiles within 1928-29.The first car which often BMW successfully produced along with the car which launched BMW with respect to automobile production was your Dixi, based on the Austin 7 and licensed from the Austin Motor Company within Birmingham, England.
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BMW's primary significant aircraft engine, and commercial product connected with any sort, was the BMW IIIa inline-six liquid-cooled engine of 1918, known for good energy resource economy and high-altitude efficiency. 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 from the concentration camp Dachau. Among its successful World War II engine designs were the BMW 132 along with BMW 801 air-cooled radial search engines, 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 inside first prototype of the 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 with a safe landing. [11][12] The few Us 262 A-1b test examples built used greater developed version of the 003 jet, recording an official major speed of 800 km/h (497 mph). The first-ever four-engine aircraft aircraft ever flown were the sixth and eighth prototypes from the Arado Ar 234 fly reconnaissance-bomber, which used BMW 003 aircraft for power. Through 1944 the 003's consistency improved, making it a suitable power plant for air frame designs competing with the Jägernotprogramm's light fighter output contract. which was won through the Heinkel He 162 Spatz layout. The BMW 003 aviation turbojet was also under consideration as the basic starting point for a pioneering turboshaft powerplant regarding German armored fighting motor vehicles in 1944-45, as the GT info. Towards the end on the Third Reich, BMW developed some military aircraft projects to the Luftwaffe, the BMW Strahlbomber, the BMW Schnellbomber along with the BMW Strahljäger, but none of them were built.
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BMW 3-Series (F30)In 1992, BMW acquired a huge stake in California-based commercial design studio DesignworksUSA, which they fully purchased in 1995. In 1994, BMW bought the Uk Rover Group[19] (which back then consisted of the Rover, Land Rover and MG brands as well as the rights to defunct models including Austin and Morris), and owned it intended for six years. By 2000, Rover was incurring huge losses and BMW thought we would sell the combine. The MG and Rover brands were sold towards the Phoenix Consortium to variety MG Rover, while Land Rover was absorbed by Ford. BMW, meanwhile, retained the rights to develop the new Mini, which was launched with 2001.
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Key designer Chris Bangle reported his departure from BMW throughout February 2009, after serving on the structure team for nearly 17 years. He was replaced by Adrian van Hooydonk, Bangle's former right-hand gentleman. 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 to get a reported 93 million pounds. BMW Motorrad plans to carry on operating Husqvarna Motorcycles like a separate enterprise. All development, sales and production pursuits, as well as the actual 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 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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