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Bayerische Motoren Werke AG The german language for Bavarian Motor Performs, usually known under it is abbreviation BMW, is a German luxurious vehicles, motorcycle, and engine manufacturing company 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 underneath BMW Motorrad, and plug-in electric cars underneath the BMW i sub-brand plus the "iPerformance" model designation inside regular BMW lineup. It is one with the best-selling luxury automakers on the globe. The company is a factor of the Euro Stoxx 50 currency markets index.BMW was established to be a business entity following a restructuring on the Rapp Motorenwerke aircraft making firm in 1917. After the end connected with World War I with 1918, BMW was forced to be able to cease aircraft-engine production because of the terms of the Versailles Armistice Treaty. The company consequently altered to motorcycle production since the restrictions of the treaty turned lifted in 1923, followed by automobiles in 1928-29.The first car which in turn BMW successfully produced and the car which launched BMW on the road to automobile production was the particular Dixi, based on the Austin 7 and licensed through the Austin Motor Company within 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 engine of 1918, known for good gasoline economy and high-altitude overall performance. With German rearmament in the 1930s, the company again started out producing aircraft engines for that 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 World War II engine patterns were the BMW 132 and BMW 801 air-cooled radial motors, 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 initially tested as a prime power plant within the first prototype of the actual Messerschmitt Me 262, the Me 262 V1, but in 1942 assessments the BMW prototype search engines failed on takeoff having only the standby Junkers Jumo 210 nose-mounted piston engine powering it to some safe landing. [11][12] The few Me personally 262 A-1b test examples built used the harder developed version of the 003 jet, recording an official major speed of 800 km/h (497 mph). The first-ever four-engine plane aircraft ever flown had 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 trustworthiness improved, making it a ideal power plant for oxygen frame designs competing with the Jägernotprogramm's light fighter output contract. which was won by the Heinkel He 162 Spatz design and style. The BMW 003 aviation turbojet was also into account as the basic beginning for a pioneering turboshaft powerplant with regard to German armored fighting vehicles in 1944-45, as the GT 101. Towards the end of the Third Reich, BMW developed some military aircraft projects for your Luftwaffe, the BMW Strahlbomber, the BMW Schnellbomber along with the BMW Strahljäger, but none of these people were built.

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BMW 3-Series (F30)In 1992, BMW acquired a large stake in California-based manufacturing design studio DesignworksUSA, which they fully bought in 1995. In 1994, BMW bought the Uk Rover Group[19] (which at the time consisted of the Rover, Land Rover and MG brands plus the rights to defunct models including Austin and Morris), and owned it pertaining to six years. By 2000, Rover was incurring large losses and BMW chose to sell the combine. The MG and Rover brands were sold towards the Phoenix Consortium to type 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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Primary designer Chris Bangle released his departure from BMW throughout February 2009, after serving on the look team for nearly 17 years. He was replaced through Adrian van Hooydonk, Bangle's former right-hand person. Bangle was known regarding his radical designs such as the 2002 7-Series and this 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 continue operating Husqvarna Motorcycles to be a separate enterprise. All development, sales and production things to do, as well as the actual workforce, have remained in place at its present location at Varese.In June 2012, BMW was listed since the #1 most reputable company on the globe 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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