Bayerische Motoren Werke AG In german for Bavarian Motor Operates, usually known under their abbreviation BMW, is a German high end vehicles, motorcycle, and engine manufacturing firm founded in 1916. Headquartered in Munich, Bavaria, Germany. BMW owns Mini cars and is also the parent company connected with Rolls-Royce Motor Cars. BMW produces motorcycles under BMW Motorrad, and plug-in electric cars within 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 this planet. The company is a factor of the Euro Stoxx 50 stock trading game index.BMW was established to be a business entity following a restructuring from the Rapp Motorenwerke aircraft producing firm in 1917. After the end of World War I inside 1918, BMW was forced in order to cease aircraft-engine production from the terms of the Versailles Armistice Treaty. The company consequently shifted to motorcycle production since the restrictions of the treaty started to be lifted in 1923, followed by automobiles in 1928-29.The first car which usually BMW successfully produced as well as the car which launched BMW in relation to automobile production was your Dixi, based on the Austin texas 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 motor of 1918, known for good gasoline economy and high-altitude performance. With German rearmament inside the 1930s, the company again commenced producing aircraft engines with the Luftwaffe. The factory in Munich made ample utilization of forced labour: foreign civilians, prisoners of war and inmates on the concentration camp Dachau. Among its successful Planet War II engine types were the BMW 132 in addition to 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 within the first prototype of the actual Messerschmitt Me 262, the Me 262 V1, but in 1942 tests 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 the greater developed version of the 003 jet, recording an official major speed of 800 km/h (497 mph). The first-ever four-engine fly aircraft ever flown have been the sixth and eighth prototypes in the Arado Ar 234 jet reconnaissance-bomber, which used BMW 003 aircraft for power. Through 1944 the 003's stability improved, making it a acceptable power plant for atmosphere frame designs competing with the Jägernotprogramm's light fighter creation contract. which was won through the Heinkel He 162 Spatz pattern. The BMW 003 aviation turbojet was also in mind as the basic starting place for a pioneering turboshaft powerplant regarding German armored fighting cars in 1944-45, as the GT information and facts. Towards the end with the Third Reich, BMW developed some military aircraft projects to 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 substantial stake in California-based business design studio DesignworksUSA, which they fully bought in 1995. In 1994, BMW bought the United kingdom Rover Group[19] (which during the time consisted of the Rover, Land Rover and MG brands plus the rights to defunct models including Austin and Morris), and owned it for six years. By 2000, Rover was incurring enormous losses and BMW decided to sell the combine. The MG and Rover brands were sold to the Phoenix Consortium to type MG Rover, while Land Rover was absorbed by Ford. BMW, meanwhile, retained the rights to develop the new Mini, which was launched in 2001.
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Main designer Chris Bangle announced his departure from BMW with February 2009, after serving on the look team for nearly 19 years. He was replaced simply by Adrian van Hooydonk, Bangle's former right-hand male. Bangle was known with regard to his radical designs such as 2002 7-Series and this 2002 Z4. In July 2007, the production rights with regard to Husqvarna Motorcycles was purchased by BMW for the reported 93 million pounds. BMW Motorrad plans to remain operating Husqvarna Motorcycles as a separate enterprise. All development, sales and production pursuits, as well as the actual workforce, have remained in position at its present place at Varese.In June 2012, BMW was listed as the #1 most reputable company on the 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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