Bayerische Motoren Werke AG The german language for Bavarian Motor Is effective, usually known under it is 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 is the parent company regarding Rolls-Royce Motor Cars. BMW produces motorcycles below BMW Motorrad, and plug-in electric cars underneath the BMW i sub-brand along with the "iPerformance" model designation inside regular BMW lineup. It is one in the best-selling luxury automakers in the world. The company is an element of the Euro Stoxx 50 stock exchange index.BMW was established as being a business entity following a restructuring with the Rapp Motorenwerke aircraft production firm in 1917. After the end associated with World War I throughout 1918, BMW was forced to cease aircraft-engine production by the terms of the Versailles Armistice Treaty. The company consequently changed to motorcycle production because restrictions of the treaty started to be lifted in 1923, followed by automobiles in 1928-29.The first car which BMW successfully produced along with the car which launched BMW on the path to automobile production was the Dixi, based on the Austin texas 7 and licensed from your Austin Motor Company throughout Birmingham, England.
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BMW's primary significant aircraft engine, and commercial product of any sort, was the BMW IIIa inline-six liquid-cooled engine of 1918, known for good gas economy and high-altitude overall performance. With German rearmament in the 1930s, the company again begun producing aircraft engines with the 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 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 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 the actual Messerschmitt Me 262, the Me 262 V1, but in 1942 exams the BMW prototype applications failed on takeoff with only the standby Junkers Jumo 210 nose-mounted piston engine powering it to some safe landing. [11][12] The few Me personally 262 A-1b test examples built used a lot more developed version of this 003 jet, recording an official leading speed of 800 km/h (497 mph). The first-ever four-engine jet aircraft ever flown ended up the sixth and eighth prototypes with the Arado Ar 234 fly reconnaissance-bomber, which used BMW 003 aircraft for power. Through 1944 the 003's consistency improved, making it a suited power plant for air flow frame designs competing with the Jägernotprogramm's light fighter production contract. which was won because of the Heinkel He 162 Spatz design and style. The BMW 003 aviation turbojet was also into consideration as the basic beginning point for a pioneering turboshaft powerplant intended for German armored fighting autos in 1944-45, as the GT info. Towards the end with 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 these were built.
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BMW 3-Series (F30)In 1992, BMW acquired a substantial stake in California-based business design studio DesignworksUSA, which they fully bought in 1995. In 1994, BMW bought the Uk Rover Group[19] (which back then consisted of the Rover, Land Rover and MG brands along with the rights to defunct brands including Austin and Morris), and owned it for six years. By 2000, Rover was incurring enormous losses and BMW chose to sell the combine. The MG and Rover brands were sold towards Phoenix Consortium to type MG Rover, while Land Rover was bought out by Ford. BMW, meanwhile, retained the rights to construct the new Mini, which was launched inside 2001.
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Primary designer Chris Bangle introduced his departure from BMW in February 2009, after serving on the design team for nearly seventeen years. He was replaced by simply Adrian van Hooydonk, Bangle's former right-hand guy. Bangle was known with regard to his radical designs including the 2002 7-Series and the actual 2002 Z4. In July 2007, the production rights for Husqvarna Motorcycles was purchased by BMW to get a reported 93 million euros. BMW Motorrad plans to stay operating Husqvarna Motorcycles to be a separate enterprise. All development, sales and production pursuits, as well as the latest workforce, have remained in location 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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