Bayerische Motoren Werke AG The german language for Bavarian Motor Functions, usually known under its abbreviation BMW, is a German high-class vehicles, motorcycle, and engine manufacturing firm founded in 1916. Headquartered in Munich, Bavaria, Germany. BMW owns Mini cars and is particularly the parent company connected with Rolls-Royce Motor Cars. BMW produces motorcycles beneath BMW Motorrad, and plug-in electric cars underneath the BMW i sub-brand and the "iPerformance" model designation within the regular BMW lineup. It is one with the best-selling luxury automakers on the planet. The company is an element of the Euro Stoxx 50 stock trading game index.BMW was established as being a business entity following a restructuring from the Rapp Motorenwerke aircraft making firm in 1917. After the end of World War I with 1918, BMW was forced to help cease aircraft-engine production through the terms of the Versailles Armistice Treaty. The company consequently moved to motorcycle production because the restrictions of the treaty started to be lifted in 1923, followed by automobiles with 1928-29.The first car that BMW successfully produced along with the car which launched BMW in relation to automobile production was the particular Dixi, based on the Austin texas 7 and licensed from the Austin Motor Company inside Birmingham, England.
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BMW's first significant aircraft engine, and commercial product involving any sort, was the BMW IIIa inline-six liquid-cooled serps of 1918, known for good gas economy and high-altitude functionality. With German rearmament inside the 1930s, the company again commenced producing aircraft engines for your Luftwaffe. The factory in Munich made ample usage of forced labour: foreign civilians, prisoners of war and inmates from the concentration camp Dachau. Among its successful Entire world War II engine patterns were the BMW 132 in addition to BMW 801 air-cooled radial engines, 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 inside first prototype of the Messerschmitt Me 262, the Me 262 V1, but in 1942 checks the BMW prototype search engines failed on takeoff having only the standby Junkers Jumo 210 nose-mounted piston engine powering it to your safe landing. [11][12] The few Everyone 262 A-1b test examples built used the greater developed version of your 003 jet, recording an official prime speed of 800 km/h (497 mph). The first-ever four-engine aircraft aircraft ever flown were 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 stability improved, making it a ideal power plant for oxygen frame designs competing for the Jägernotprogramm's light fighter creation contract. which was won by the Heinkel He 162 Spatz design. The BMW 003 aviation turbojet was also involved as the basic kick off point for a pioneering turboshaft powerplant intended for German armored fighting vehicles in 1944-45, as the GT info. Towards the end in the Third Reich, BMW developed some military aircraft projects for that Luftwaffe, the BMW Strahlbomber, the BMW Schnellbomber and the BMW Strahljäger, but none of these individuals 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 received in 1995. In 1994, BMW bought the English Rover Group[19] (which right at that moment consisted of the Rover, Land Rover and MG brands along with the rights to defunct brand names including Austin and Morris), and owned it for six years. By 2000, Rover was incurring huge losses and BMW thought we would sell the combine. The MG and Rover brands were sold towards the Phoenix Consortium to variety MG Rover, while Land Rover was taken over 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 reported his departure from BMW in February 2009, after serving on the look team for nearly 18 years. He was replaced by Adrian van Hooydonk, Bangle's former right-hand gentleman. Bangle was known with regard to his radical designs such as the 2002 7-Series and the particular 2002 Z4. In July 2007, the production rights intended for Husqvarna Motorcycles was purchased by BMW to get a reported 93 million pounds. BMW Motorrad plans to continue operating Husqvarna Motorcycles like a separate enterprise. All development, sales and production things to do, as well as the existing workforce, have remained in position at its present spot at Varese.In June 2012, BMW was listed because #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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