Bayerische Motoren Werke AG German born for Bavarian Motor Operates, usually known under the abbreviation BMW, is a German high end vehicles, motorcycle, and engine manufacturing corporation founded in 1916. Headquartered in Munich, Bavaria, Germany. BMW owns Mini cars and it is the parent company associated with Rolls-Royce Motor Cars. BMW produces motorcycles underneath BMW Motorrad, and plug-in electric cars underneath the BMW i sub-brand as well as the "iPerformance" model designation inside regular BMW lineup. It is one from the best-selling luxury automakers on the globe. The company is a component of the Euro Stoxx 50 wall street game index.BMW was established as being a business entity following a restructuring of the Rapp Motorenwerke aircraft production firm in 1917. After the end associated with World War I with 1918, BMW was forced to cease aircraft-engine production from the terms of the Versailles Armistice Treaty. The company consequently moved to motorcycle production because restrictions of the treaty turned lifted in 1923, followed by automobiles with 1928-29.The first car which BMW successfully produced as well as the car which launched BMW with respect to automobile production was the particular Dixi, based on the Austin 7 and licensed on the Austin Motor Company in Birmingham, England.
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BMW's very first significant aircraft engine, and commercial product connected with any sort, was the BMW IIIa inline-six liquid-cooled motor of 1918, known for good energy resource economy and high-altitude overall performance. With German rearmament in the 1930s, the company again started out producing aircraft engines with the Luftwaffe. The factory in Munich made ample by using forced labour: foreign civilians, prisoners of war and inmates with the concentration camp Dachau. Among its successful Globe War II engine designs were the BMW 132 in addition to BMW 801 air-cooled radial motors, and the pioneering BMW 003 axial-flow turbojet, which powered the tiny, 1944-1945-era jet-powered "emergency fighter", the Heinkel He 162 Spatz. The BMW 003 jet engine was tested as a prime power plant from the first prototype of this Messerschmitt Me 262, the Me 262 V1, but in 1942 tests the BMW prototype search engines failed on takeoff together with only the standby Junkers Jumo 210 nose-mounted piston engine powering it to 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 fly aircraft ever flown had been the sixth and eighth prototypes on the Arado Ar 234 plane reconnaissance-bomber, which used BMW 003 aircraft for power. Through 1944 the 003's dependability improved, making it a ideal power plant for fresh air frame designs competing for your Jägernotprogramm's light fighter production contract. which was won with the Heinkel He 162 Spatz style. The BMW 003 aviation turbojet was also into account as the basic beginning for a pioneering turboshaft powerplant with regard to German armored fighting motor vehicles in 1944-45, as the GT info. Towards the end from the Third Reich, BMW developed some military aircraft projects to the Luftwaffe, the BMW Strahlbomber, the BMW Schnellbomber and also the BMW Strahljäger, but none of these individuals were built.
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BMW 3-Series (F30)In 1992, BMW acquired a huge stake in California-based industrial design studio DesignworksUSA, which they fully bought in 1995. In 1994, BMW bought the British isles Rover Group[19] (which right at that moment consisted of the Rover, Land Rover and MG brands and also the rights to defunct brands including Austin and Morris), and owned it with regard to six years. By 2000, Rover was incurring huge losses and BMW decided to sell the combine. The MG and Rover brands were sold on the Phoenix Consortium to style MG Rover, while Land Rover was absorbed by Ford. BMW, meanwhile, retained the rights to create the new Mini, which was launched in 2001.
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Primary designer Chris Bangle reported his departure from BMW in February 2009, after serving on the planning team for nearly 19 years. He was replaced through Adrian van Hooydonk, Bangle's former right-hand guy. Bangle was known intended for his radical designs for example the 2002 7-Series and the 2002 Z4. In July 2007, the production rights pertaining to Husqvarna Motorcycles was purchased by BMW for any reported 93 million pounds. BMW Motorrad plans to carry on operating Husqvarna Motorcycles being a separate enterprise. All development, sales and production things to do, as well as the present workforce, have remained in area at its present location at Varese.In June 2012, BMW was listed since the #1 most reputable company on earth 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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