Bayerische Motoren Werke AG German for Bavarian Motor Functions, usually known under it's abbreviation BMW, is a German luxurious vehicles, motorcycle, and engine manufacturing organization founded in 1916. Headquartered in Munich, Bavaria, Germany. BMW owns Mini cars and is the parent company associated with Rolls-Royce Motor Cars. BMW produces motorcycles within BMW Motorrad, and plug-in electric cars beneath the BMW i sub-brand along with the "iPerformance" model designation inside regular BMW lineup. It is one with the best-selling luxury automakers on earth. The company is a factor of the Euro Stoxx 50 stock trading game index.BMW was established as a business entity following a restructuring on the Rapp Motorenwerke aircraft producing firm in 1917. After the end of World War I inside 1918, BMW was forced to cease aircraft-engine production because of the terms of the Versailles Armistice Treaty. The company consequently shifted to motorcycle production because the restrictions of the treaty started to be lifted in 1923, followed by automobiles within 1928-29.The first car which in turn BMW successfully produced plus the car which launched BMW on the path to automobile production was this Dixi, based on the Austin texas 7 and licensed in the Austin Motor Company throughout Birmingham, England.
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BMW's very first significant aircraft engine, and commercial product of any sort, was the BMW IIIa inline-six liquid-cooled powerplant of 1918, known for good gasoline economy and high-altitude efficiency. With German rearmament in the 1930s, the company again started producing aircraft engines for the Luftwaffe. The factory in Munich made ample using forced labour: foreign civilians, prisoners of war and inmates with the concentration camp Dachau. Among its successful Entire world War II engine patterns were the BMW 132 and also 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 from the first prototype of the Messerschmitt Me 262, the Me 262 V1, but in 1942 assessments the BMW prototype machines failed on takeoff along with only the standby Junkers Jumo 210 nose-mounted piston engine powering it into a safe landing. [11][12] The few Everyone 262 A-1b test examples built used greater developed version of the particular 003 jet, recording an official top speed of 800 km/h (497 mph). The first-ever four-engine airliner aircraft ever flown have been the sixth and eighth prototypes with the Arado Ar 234 jet reconnaissance-bomber, which used BMW 003 aircraft for power. Through 1944 the 003's stability improved, making it a suitable power plant for air frame designs competing for the Jägernotprogramm's light fighter production contract. which was won with 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 with regard to German armored fighting autos in 1944-45, as the GT info. Towards the end of the Third Reich, BMW developed some military aircraft projects for your Luftwaffe, the BMW Strahlbomber, the BMW Schnellbomber along with 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 obtained in 1995. In 1994, BMW bought the English Rover Group[19] (which at that time consisted of the Rover, Land Rover and MG brands along with the rights to defunct brand names including Austin and Morris), and owned it intended for six years. By 2000, Rover was incurring big losses and BMW thought i would sell the combine. The MG and Rover brands were sold towards Phoenix Consortium to kind MG Rover, while Land Rover was absorbed by Ford. BMW, meanwhile, retained the rights to create the new Mini, which was launched inside 2001.
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Key designer Chris Bangle declared his departure from BMW within February 2009, after serving on the look team for nearly seventeen years. He was replaced by simply Adrian van Hooydonk, Bangle's former right-hand gentleman. Bangle was known intended for his radical designs such as 2002 7-Series and your 2002 Z4. In July 2007, the production rights for Husqvarna Motorcycles was purchased by BMW for any reported 93 million euros. BMW Motorrad plans to carry on operating Husqvarna Motorcycles as being a separate enterprise. All development, sales and production actions, as well as the present workforce, have remained in position at its present area at Varese.In June 2012, BMW was listed because the #1 most reputable company on this 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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