Bayerische Motoren Werke AG A language like german for Bavarian Motor Operates, usually known under the abbreviation BMW, is a German extravagance vehicles, motorcycle, and engine manufacturing business founded in 1916. Headquartered in Munich, Bavaria, Germany. BMW owns Mini cars and is particularly the parent company associated with Rolls-Royce Motor Cars. BMW produces motorcycles under BMW Motorrad, and plug-in electric cars underneath the BMW i sub-brand as well as the "iPerformance" model designation inside regular BMW lineup. It is one with the best-selling luxury automakers on earth. The company is an element of the Euro Stoxx 50 wall street game index.BMW was established as being a business entity following a restructuring on the Rapp Motorenwerke aircraft production firm in 1917. After the end associated with World War I throughout 1918, BMW was forced to be able to cease aircraft-engine production with the terms of the Versailles Armistice Treaty. The company consequently shifted to motorcycle production for the reason that restrictions of the treaty started to be lifted in 1923, followed by automobiles with 1928-29.The first car that BMW successfully produced plus the car which launched BMW on the path to automobile production was the actual Dixi, based on the Austin texas 7 and licensed from your Austin Motor Company within Birmingham, England.
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BMW's first significant aircraft engine, and commercial product associated with any sort, was the BMW IIIa inline-six liquid-cooled motor of 1918, known for good gas economy and high-altitude effectiveness. With German rearmament in the 1930s, the company again begun producing aircraft engines for that Luftwaffe. The factory in Munich made ample by using forced labour: foreign civilians, prisoners of war and inmates with the concentration camp Dachau. Among its successful World War II engine styles were the BMW 132 and also BMW 801 air-cooled radial engines, 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 in the first prototype of the particular Messerschmitt Me 262, the Me 262 V1, but in 1942 assessments the BMW prototype 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 Us 262 A-1b test examples built used the greater developed version of the particular 003 jet, recording an official best speed of 800 km/h (497 mph). The first-ever four-engine jet aircraft ever flown were the sixth and eighth prototypes of the Arado Ar 234 fly reconnaissance-bomber, which used BMW 003 aircraft for power. Through 1944 the 003's consistency improved, making it a ideal power plant for fresh air frame designs competing with the Jägernotprogramm's light fighter creation contract. which was won from the Heinkel He 162 Spatz style. The BMW 003 aviation turbojet was also in mind as the basic kick off point for a pioneering turboshaft powerplant for German armored fighting vehicles in 1944-45, as the GT information. Towards the end in the Third Reich, BMW developed some military aircraft projects for the Luftwaffe, the BMW Strahlbomber, the BMW Schnellbomber plus the BMW Strahljäger, but none of these people were built.
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BMW 3-Series (F30)In 1992, BMW acquired a huge stake in California-based professional design studio DesignworksUSA, which they fully acquired in 1995. In 1994, BMW bought the British Rover Group[19] (which during the time consisted of the Rover, Land Rover and MG brands plus the rights to defunct makes including Austin and Morris), and owned it for six years. By 2000, Rover was incurring enormous losses and BMW made a decision to sell the combine. The MG and Rover brands were sold towards the Phoenix Consortium to style MG Rover, while Land Rover was absorbed by Ford. BMW, meanwhile, retained the rights to develop the new Mini, which was launched within 2001.
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Main designer Chris Bangle released his departure from BMW within February 2009, after serving on the structure team for nearly 19 years. He was replaced simply by Adrian van Hooydonk, Bangle's former right-hand man. Bangle was known pertaining to his radical designs for example the 2002 7-Series and the 2002 Z4. In July 2007, the production rights regarding Husqvarna Motorcycles was purchased by BMW to get a reported 93 million pounds. BMW Motorrad plans to remain operating Husqvarna Motorcycles as being a separate enterprise. All development, sales and production activities, as well as the existing workforce, have remained in spot 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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