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Bayerische Motoren Werke AG In german for Bavarian Motor Operates, usually known under it's abbreviation BMW, is a German extravagance vehicles, motorcycle, and engine manufacturing corporation 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 of the best-selling luxury automakers on the globe. The company is a factor of the Euro Stoxx 50 wall street game index.BMW was established like a business entity following a restructuring in the Rapp Motorenwerke aircraft making firm in 1917. After the end connected with World War I with 1918, BMW was forced for you to cease aircraft-engine production because of the terms of the Versailles Armistice Treaty. The company consequently changed to motorcycle production since the restrictions of the treaty began to be lifted in 1923, followed by automobiles with 1928-29.The first car which in turn BMW successfully produced as well as the car which launched BMW in relation to automobile production was this Dixi, based on the Austin tx 7 and licensed on the Austin Motor Company throughout Birmingham, England.

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BMW's initial significant aircraft engine, and commercial product of any sort, was the BMW IIIa inline-six liquid-cooled serp of 1918, known for good gas economy and high-altitude overall performance. With German rearmament in the 1930s, the company again started producing aircraft engines for your Luftwaffe. The factory in Munich made ample use of forced labour: foreign civilians, prisoners of war and inmates with the concentration camp Dachau. Among its successful Entire world War II engine designs were the BMW 132 as well as BMW 801 air-cooled radial applications, 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 from the first prototype of the actual Messerschmitt Me 262, the Me 262 V1, but in 1942 checks the BMW prototype motors failed on takeoff using only the standby Junkers Jumo 210 nose-mounted piston engine powering it to your safe landing. [11][12] The few Us 262 A-1b test examples built used the more developed version of the particular 003 jet, recording an official prime speed of 800 km/h (497 mph). The first-ever four-engine jet aircraft ever flown had been the sixth and eighth prototypes with the Arado Ar 234 jet reconnaissance-bomber, which used BMW 003 jets for power. Through 1944 the 003's stability improved, making it a acceptable power plant for air frame designs competing for the Jägernotprogramm's light fighter output contract. which was won through the Heinkel He 162 Spatz design. The BMW 003 aviation turbojet was also into account as the basic starting point for a pioneering turboshaft powerplant with regard to German armored fighting cars in 1944-45, as the GT 101. Towards the end in the Third Reich, BMW developed some military aircraft projects with the Luftwaffe, the BMW Strahlbomber, the BMW Schnellbomber along with 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 professional design studio DesignworksUSA, which they fully bought in 1995. In 1994, BMW bought the English Rover Group[19] (which during the time 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 massive losses and BMW thought we would sell the combine. The MG and Rover brands were sold towards Phoenix Consortium to variety MG Rover, while Land Rover was taken over 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 released his departure from BMW with February 2009, after serving on the design team for nearly 19 years. He was replaced by Adrian van Hooydonk, Bangle's former right-hand gentleman. Bangle was known intended for his radical designs such as 2002 7-Series and the actual 2002 Z4. In July 2007, the production rights regarding Husqvarna Motorcycles was purchased by BMW for just a reported 93 million euros. BMW Motorrad plans to remain operating Husqvarna Motorcycles to be a separate enterprise. All development, sales and production pursuits, as well as the current workforce, have remained in location at its present location at Varese.In June 2012, BMW was listed as the #1 most reputable company in the world 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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