Bayerische Motoren Werke AG German for Bavarian Motor Performs, usually known under it is abbreviation BMW, is a German luxury vehicles, motorcycle, and engine manufacturing business founded in 1916. Headquartered in Munich, Bavaria, Germany. BMW owns Mini cars which is the parent company associated with Rolls-Royce Motor Cars. BMW produces motorcycles beneath BMW Motorrad, and plug-in electric cars underneath the BMW i sub-brand along with the "iPerformance" model designation inside the regular BMW lineup. It is one of the best-selling luxury automakers in the world. The company is a factor of the Euro Stoxx 50 stock exchange index.BMW was established as a business entity following a restructuring from the Rapp Motorenwerke aircraft making firm in 1917. After the end associated with World War I inside 1918, BMW was forced to be able to cease aircraft-engine production by the terms of the Versailles Armistice Treaty. The company consequently changed to motorcycle production because the restrictions of the treaty has become lifted in 1923, followed by automobiles inside 1928-29.The first car which BMW successfully produced along with the car which launched BMW in relation to automobile production was your Dixi, based on the Austin tx 7 and licensed from the Austin Motor Company within Birmingham, England.
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BMW's 1st significant aircraft engine, and commercial product connected with any sort, was the BMW IIIa inline-six liquid-cooled motor of 1918, known for good gasoline economy and high-altitude performance. With German rearmament within the 1930s, the company again began producing aircraft engines with the Luftwaffe. The factory in Munich made ample using forced labour: foreign civilians, prisoners of war and inmates from the concentration camp Dachau. Among its successful Earth War II engine styles were the BMW 132 along with BMW 801 air-cooled radial machines, and the pioneering BMW 003 axial-flow turbojet, which powered the small, 1944-1945-era jet-powered "emergency fighter", the Heinkel He 162 Spatz. The BMW 003 jet engine was first 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 together with 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 the more developed version of the actual 003 jet, recording an official major speed of 800 km/h (497 mph). The first-ever four-engine jet 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 dependability improved, making it a suited power plant for atmosphere frame designs competing for that Jägernotprogramm's light fighter output contract. which was won with the Heinkel He 162 Spatz pattern. The BMW 003 aviation turbojet was also involved as the basic beginning for a pioneering turboshaft powerplant intended for German armored fighting cars in 1944-45, as the GT info. Towards the end in the Third Reich, BMW developed some military aircraft projects for your Luftwaffe, the BMW Strahlbomber, the BMW Schnellbomber as well as the BMW Strahljäger, but none of all of them were built.
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BMW 3-Series (F30)In 1992, BMW acquired a significant stake in California-based business design studio DesignworksUSA, which they fully acquired in 1995. In 1994, BMW bought the Uk Rover Group[19] (which right at that moment consisted of the Rover, Land Rover and MG brands as well as the rights to defunct manufacturers including Austin and Morris), and owned it for six years. By 2000, Rover was incurring large losses and BMW thought i would sell the combine. The MG and Rover brands were sold towards Phoenix Consortium to form MG Rover, while Land Rover was bought out by Ford. BMW, meanwhile, retained the rights to create the new Mini, which was launched throughout 2001.
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Primary designer Chris Bangle declared his departure from BMW inside February 2009, after serving on the design team for nearly 19 years. He was replaced through Adrian van Hooydonk, Bangle's former right-hand gentleman. Bangle was known regarding his radical designs like the 2002 7-Series and the actual 2002 Z4. In July 2007, the production rights regarding Husqvarna Motorcycles was purchased by BMW to get a reported 93 million euros. BMW Motorrad plans to keep operating Husqvarna Motorcycles as being a separate enterprise. All development, sales and production pursuits, as well as the latest workforce, have remained in place at its present location 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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