Bayerische Motoren Werke AG A language like german for Bavarian Motor Functions, usually known under its abbreviation BMW, is a German high end vehicles, motorcycle, and engine manufacturing company founded in 1916. Headquartered in Munich, Bavaria, Germany. BMW owns Mini cars and is also the parent company associated with Rolls-Royce Motor Cars. BMW produces motorcycles below BMW Motorrad, and plug-in electric cars beneath the BMW i sub-brand and the "iPerformance" model designation inside the regular BMW lineup. It is one from the best-selling luxury automakers on this planet. The company is an element of the Euro Stoxx 50 wall street game index.BMW was established like a business entity following a restructuring on the Rapp Motorenwerke aircraft creation firm in 1917. After the end associated with World War I inside 1918, BMW was forced in order to cease aircraft-engine production with the terms of the Versailles Armistice Treaty. The company consequently changed to motorcycle production since the restrictions of the treaty has become lifted in 1923, followed by automobiles inside 1928-29.The first car which usually BMW successfully produced and the car which launched BMW on the road to automobile production was the Dixi, based on the Austin texas 7 and licensed from the Austin Motor Company with Birmingham, England.
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BMW's very first 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 functionality. With German rearmament within 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 in the concentration camp Dachau. Among its successful Earth War II engine designs were the BMW 132 and also BMW 801 air-cooled radial search engines, and the pioneering BMW 003 axial-flow turbojet, which powered the tiny, 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 within the first prototype of this Messerschmitt Me 262, the Me 262 V1, but in 1942 exams the BMW prototype machines failed on takeoff along with only the standby Junkers Jumo 210 nose-mounted piston engine powering it with a safe landing. [11][12] The few Me 262 A-1b test examples built used a lot more developed version of this 003 jet, recording an official top speed of 800 km/h (497 mph). The first-ever four-engine fly aircraft ever flown had been the sixth and eighth prototypes of the Arado Ar 234 aircraft reconnaissance-bomber, which used BMW 003 jets for power. Through 1944 the 003's stability improved, making it a ideal power plant for oxygen frame designs competing for that Jägernotprogramm's light fighter generation contract. which was won from the Heinkel He 162 Spatz pattern. The BMW 003 aviation turbojet was also into account as the basic starting place for a pioneering turboshaft powerplant pertaining to German armored fighting automobiles in 1944-45, as the GT information and facts. Towards the end from the Third Reich, BMW developed some military aircraft projects to the Luftwaffe, the BMW Strahlbomber, the BMW Schnellbomber as well as the BMW Strahljäger, but none of them were built.
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BMW 3-Series (F30)In 1992, BMW acquired a big stake in California-based industrial design studio DesignworksUSA, which they fully obtained 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 manufacturers including Austin and Morris), and owned it regarding six years. By 2000, Rover was incurring big losses and BMW thought we would sell the combine. The MG and Rover brands were sold on the Phoenix Consortium to variety MG Rover, while Land Rover was bought out by Ford. BMW, meanwhile, retained the rights to make the new Mini, which was launched inside 2001.
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Key designer Chris Bangle introduced his departure from BMW with February 2009, after serving on the planning team for nearly 19 years. He was replaced simply by Adrian van Hooydonk, Bangle's former right-hand gentleman. Bangle was known for his radical designs like 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 pounds. BMW Motorrad plans to carry on operating Husqvarna Motorcycles like a separate enterprise. All development, sales and production things to do, as well as the existing workforce, have remained in place at its present position at Varese.In June 2012, BMW was listed for the reason that #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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