Bayerische Motoren Werke AG The german language for Bavarian Motor Works, usually known under it's abbreviation BMW, is a German high-class vehicles, motorcycle, and engine manufacturing organization founded in 1916. Headquartered in Munich, Bavaria, Germany. BMW owns Mini cars which is the parent company connected with Rolls-Royce Motor Cars. BMW produces motorcycles under BMW Motorrad, and plug-in electric cars under the BMW i sub-brand as well as the "iPerformance" model designation within the regular BMW lineup. It is one on the best-selling luxury automakers in the world. The company is a factor of the Euro Stoxx 50 stock market index.BMW was established as being a business entity following a restructuring from the Rapp Motorenwerke aircraft production firm in 1917. After the end of World War I throughout 1918, BMW was forced for you to cease aircraft-engine production because of the terms of the Versailles Armistice Treaty. The company consequently altered to motorcycle production because the restrictions of the treaty grew to become lifted in 1923, followed by automobiles throughout 1928-29.The first car that BMW successfully produced along with 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 1st significant aircraft engine, and commercial product connected with any sort, was the BMW IIIa inline-six liquid-cooled engine of 1918, known for good gasoline economy and high-altitude overall performance. With German rearmament within the 1930s, the company again began producing aircraft engines for 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 Planet War II engine patterns were the BMW 132 and also BMW 801 air-cooled radial machines, 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 the first prototype of the Messerschmitt Me 262, the Me 262 V1, but in 1942 assessments the BMW prototype search engines failed on takeoff together with only the standby Junkers Jumo 210 nose-mounted piston engine powering it to your safe landing. [11][12] The few Me personally 262 A-1b test examples built used the greater developed version of this 003 jet, recording an official prime speed of 800 km/h (497 mph). The first-ever four-engine plane aircraft ever flown have been the sixth and eighth prototypes on the Arado Ar 234 aircraft reconnaissance-bomber, which used BMW 003 jets for power. Through 1944 the 003's stability improved, making it a suitable power plant for air flow frame designs competing for that Jägernotprogramm's light fighter production contract. which was won with the Heinkel He 162 Spatz design. The BMW 003 aviation turbojet was also in mind as the basic starting point for a pioneering turboshaft powerplant regarding German armored fighting vehicles in 1944-45, as the GT information and facts. Towards the end in the Third Reich, BMW developed some military aircraft projects for that Luftwaffe, the BMW Strahlbomber, the BMW Schnellbomber and also the BMW Strahljäger, but none of them were built.
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BMW 3-Series (F30)In 1992, BMW acquired a huge stake in California-based business design studio DesignworksUSA, which they fully obtained in 1995. In 1994, BMW bought the British isles Rover Group[19] (which at that time consisted of the Rover, Land Rover and MG brands as well as the rights to defunct makes including Austin and Morris), and owned it for six years. By 2000, Rover was incurring large losses and BMW made a decision to sell the combine. The MG and Rover brands were sold towards the Phoenix Consortium to form MG Rover, while Land Rover was bought out by Ford. BMW, meanwhile, retained the rights to build the new Mini, which was launched in 2001.
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Key designer Chris Bangle released his departure from BMW inside February 2009, after serving on the style team for nearly 17 years. He was replaced by Adrian van Hooydonk, Bangle's former right-hand man. Bangle was known regarding his radical designs including the 2002 7-Series and the particular 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 continue operating Husqvarna Motorcycles as being a separate enterprise. All development, sales and production activities, as well as the actual workforce, have remained in place at its present spot at Varese.In June 2012, BMW was listed because #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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