Bayerische Motoren Werke AG A language like german for Bavarian Motor Functions, usually known under their 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 which is the parent company associated with Rolls-Royce Motor Cars. BMW produces motorcycles beneath BMW Motorrad, and plug-in electric cars beneath the BMW i sub-brand as well as the "iPerformance" model designation from the regular BMW lineup. It is one of the best-selling luxury automakers on the planet. The company is a component of the Euro Stoxx 50 wall street game index.BMW was established as a business entity following a restructuring from the Rapp Motorenwerke aircraft manufacturing firm in 1917. After the end of World War I with 1918, BMW was forced for you to cease aircraft-engine production by the terms of the Versailles Armistice Treaty. The company consequently altered to motorcycle production as the restrictions of the treaty has become lifted in 1923, followed by automobiles throughout 1928-29.The first car that BMW successfully produced and also the car which launched BMW in relation to automobile production was the actual Dixi, based on the Austin tx 7 and licensed on the Austin Motor Company with 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 motor of 1918, known for good fuel economy and high-altitude efficiency. With German rearmament inside the 1930s, the company again begun producing aircraft engines for the Luftwaffe. The factory in Munich made ample using forced labour: foreign civilians, prisoners of war and inmates with the concentration camp Dachau. Among its successful Entire world War II engine models were the BMW 132 in addition to BMW 801 air-cooled radial machines, 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 initially tested as a prime power plant within the first prototype of the particular Messerschmitt Me 262, the Me 262 V1, but in 1942 assessments the BMW prototype motors failed on takeoff together with only the standby Junkers Jumo 210 nose-mounted piston engine powering it to a safe landing. [11][12] The few Everyone 262 A-1b test examples built used a lot more developed version of the actual 003 jet, recording an official prime speed of 800 km/h (497 mph). The first-ever four-engine airliner aircraft ever flown have been the sixth and eighth prototypes of the Arado Ar 234 airliner reconnaissance-bomber, which used BMW 003 aircraft for power. Through 1944 the 003's reliability improved, making it a appropriate power plant for atmosphere frame designs competing for your Jägernotprogramm's light fighter creation contract. which was won from the Heinkel He 162 Spatz style. The BMW 003 aviation turbojet was also into account as the basic beginning point for a pioneering turboshaft powerplant intended for German armored fighting motor vehicles in 1944-45, as the GT 101. Towards the end of 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 commercial design studio DesignworksUSA, which they fully received in 1995. In 1994, BMW bought the English Rover Group[19] (which at the time consisted of the Rover, Land Rover and MG brands as well as the rights to defunct models including Austin and Morris), and owned it pertaining to six years. By 2000, Rover was incurring big losses and BMW made a decision to sell the combine. The MG and Rover brands were sold towards the Phoenix Consortium to variety MG Rover, while Land Rover was taken over by Ford. BMW, meanwhile, retained the rights to make the new Mini, which was launched inside 2001.
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Chief designer Chris Bangle released his departure from BMW inside February 2009, after serving on the design team for nearly seventeen years. He was replaced simply by Adrian van Hooydonk, Bangle's former right-hand male. Bangle was known pertaining to his radical designs including the 2002 7-Series and the 2002 Z4. In July 2007, the production rights pertaining to Husqvarna Motorcycles was purchased by BMW for just a reported 93 million euros. BMW Motorrad plans to continue operating Husqvarna Motorcycles being a separate enterprise. All development, sales and production actions, as well as the actual workforce, have remained in spot at its present spot at Varese.In June 2012, BMW was listed because the #1 most reputable company on earth 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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