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Bayerische Motoren Werke AG German born for Bavarian Motor Is effective, usually known under it's abbreviation BMW, is a German luxurious vehicles, motorcycle, and engine manufacturing business founded in 1916. Headquartered in Munich, Bavaria, Germany. BMW owns Mini cars and is the parent company regarding 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 in the regular BMW lineup. It is one with the best-selling luxury automakers on this planet. The company is a component of the Euro Stoxx 50 currency markets index.BMW was established to be a business entity following a restructuring on the Rapp Motorenwerke aircraft production firm in 1917. After the end associated with World War I within 1918, BMW was forced for you to cease aircraft-engine production with the terms of the Versailles Armistice Treaty. The company consequently altered to motorcycle production for the reason that restrictions of the treaty has become lifted in 1923, followed by automobiles in 1928-29.The first car which BMW successfully produced and the car which launched BMW in relation to automobile production was the actual Dixi, based on the Austin 7 and licensed in the Austin Motor Company in Birmingham, England.

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BMW's initial significant aircraft engine, and commercial product associated with any sort, was the BMW IIIa inline-six liquid-cooled serp of 1918, known for good energy economy and high-altitude effectiveness. With German rearmament inside the 1930s, the company again started out producing aircraft engines to the Luftwaffe. The factory in Munich made ample usage of forced labour: foreign civilians, prisoners of war and inmates of the concentration camp Dachau. Among its successful Earth War II engine patterns were the BMW 132 in addition to BMW 801 air-cooled radial search 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 first tested as a prime power plant inside the first prototype of the Messerschmitt Me 262, the Me 262 V1, but in 1942 tests the BMW prototype engines failed on takeoff together with only the standby Junkers Jumo 210 nose-mounted piston engine powering it to some safe landing. [11][12] The few Us 262 A-1b test examples built used the more developed version of the particular 003 jet, recording an official prime speed of 800 km/h (497 mph). The first-ever four-engine plane aircraft ever flown were the sixth and eighth prototypes of the Arado Ar 234 plane reconnaissance-bomber, which used BMW 003 jets for power. Through 1944 the 003's stability improved, making it a appropriate power plant for fresh air frame designs competing for your Jägernotprogramm's light fighter manufacturing contract. which was won because of the Heinkel He 162 Spatz design and style. The BMW 003 aviation turbojet was also under consideration as the basic beginning for a pioneering turboshaft powerplant pertaining to German armored fighting autos in 1944-45, as the GT 101. 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 huge stake in California-based industrial design studio DesignworksUSA, which they fully acquired in 1995. In 1994, BMW bought the Uk Rover Group[19] (which at the time consisted of the Rover, Land Rover and MG brands as well as the rights to defunct brand names including Austin and Morris), and owned it intended for six years. By 2000, Rover was incurring enormous losses and BMW thought i would sell the combine. The MG and Rover brands were sold towards the Phoenix Consortium to variety MG Rover, while Land Rover was bought out by Ford. BMW, meanwhile, retained the rights to construct the new Mini, which was launched within 2001.

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Chief designer Chris Bangle announced his departure from BMW throughout February 2009, after serving on the planning team for nearly seventeen years. He was replaced by means of Adrian van Hooydonk, Bangle's former right-hand person. Bangle was known intended for his radical designs including the 2002 7-Series and this 2002 Z4. In July 2007, the production rights regarding Husqvarna Motorcycles was purchased by BMW for any reported 93 million pounds. BMW Motorrad plans to continue operating Husqvarna Motorcycles as a separate enterprise. All development, sales and production routines, as well as the latest workforce, have remained in location at its present location at Varese.In June 2012, BMW was listed since the #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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