Bayerische Motoren Werke AG In german for Bavarian Motor Functions, usually known under it's abbreviation BMW, is a German extravagance vehicles, motorcycle, and engine manufacturing organization founded in 1916. Headquartered in Munich, Bavaria, Germany. BMW owns Mini cars which is the parent company connected with Rolls-Royce Motor Cars. BMW produces motorcycles beneath BMW Motorrad, and plug-in electric cars beneath the BMW i sub-brand along with the "iPerformance" model designation inside the regular BMW lineup. It is one with the best-selling luxury automakers on the globe. The company is a factor of the Euro Stoxx 50 stock market index.BMW was established to be a business entity following a restructuring with the Rapp Motorenwerke aircraft making firm in 1917. After the end associated with World War I in 1918, BMW was forced to cease aircraft-engine production because of the terms of the Versailles Armistice Treaty. The company consequently changed to motorcycle production because the restrictions of the treaty grew to become lifted in 1923, followed by automobiles throughout 1928-29.The first car which often BMW successfully produced and the car which launched BMW on the path to automobile production was the actual Dixi, based on the Austin texas 7 and licensed from the Austin Motor Company in 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 motor of 1918, known for good gas economy and high-altitude performance. With German rearmament inside 1930s, the company again began producing aircraft engines for the Luftwaffe. The factory in Munich made ample by using forced labour: foreign civilians, prisoners of war and inmates of the concentration camp Dachau. Among its successful World War II engine patterns were the BMW 132 and also BMW 801 air-cooled radial applications, and the pioneering BMW 003 axial-flow turbojet, which powered the little, 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 your Messerschmitt Me 262, the Me 262 V1, but in 1942 checks the BMW prototype machines failed on takeoff using only the standby Junkers Jumo 210 nose-mounted piston engine powering it into a safe landing. [11][12] The few Us 262 A-1b test examples built used a lot more developed version of your 003 jet, recording an official major speed of 800 km/h (497 mph). The first-ever four-engine plane aircraft ever flown were the sixth and eighth prototypes in the Arado Ar 234 aircraft reconnaissance-bomber, which used BMW 003 aircraft for power. Through 1944 the 003's trustworthiness improved, making it a ideal power plant for fresh air frame designs competing with the Jägernotprogramm's light fighter output contract. which was won with the Heinkel He 162 Spatz design. The BMW 003 aviation turbojet was also under consideration as the basic starting place for a pioneering turboshaft powerplant intended for German armored fighting vehicles in 1944-45, as the GT tips. Towards the end on the Third Reich, BMW developed some military aircraft projects for the Luftwaffe, the BMW Strahlbomber, the BMW Schnellbomber plus the BMW Strahljäger, but none of them were built.
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BMW 3-Series (F30)In 1992, BMW acquired a significant stake in California-based professional design studio DesignworksUSA, which they fully purchased in 1995. In 1994, BMW bought the English Rover Group[19] (which back then consisted of the Rover, Land Rover and MG brands along with the rights to defunct makes including Austin and Morris), and owned it with regard to six years. By 2000, Rover was incurring huge losses and BMW thought i would sell the combine. The MG and Rover brands were sold on the Phoenix Consortium to style MG Rover, while Land Rover was bought out by Ford. BMW, meanwhile, retained the rights to construct the new Mini, which was launched throughout 2001.
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Main designer Chris Bangle declared his departure from BMW throughout February 2009, after serving on the style team for nearly 17 years. He was replaced by simply Adrian van Hooydonk, Bangle's former right-hand male. Bangle was known regarding 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 any reported 93 million pounds. BMW Motorrad plans to keep operating Husqvarna Motorcycles like a separate enterprise. All development, sales and production activities, as well as the latest workforce, have remained in place at its present location at Varese.In June 2012, BMW was listed for the reason that #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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