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Bayerische Motoren Werke AG A language like german for Bavarian Motor Is effective, usually known under the abbreviation BMW, is a German luxurious vehicles, motorcycle, and engine manufacturing organization 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 within BMW Motorrad, and plug-in electric cars underneath the BMW i sub-brand as well as the "iPerformance" model designation within the 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 wall street game index.BMW was established as a business entity following a restructuring on the Rapp Motorenwerke aircraft production firm in 1917. After the end associated with World War I in 1918, BMW was forced to help cease aircraft-engine production by the terms of the Versailles Armistice Treaty. The company consequently moved 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 that BMW successfully produced along with the car which launched BMW with respect to automobile production was the Dixi, based on the Austin tx 7 and licensed from the Austin Motor Company throughout Birmingham, England.

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BMW's first significant aircraft engine, and commercial product connected with any sort, was the BMW IIIa inline-six liquid-cooled motor of 1918, known for good gas economy and high-altitude performance. With German rearmament from the 1930s, the company again began producing aircraft engines to the Luftwaffe. The factory in Munich made ample use of forced labour: foreign civilians, prisoners of war and inmates from the concentration camp Dachau. Among its successful Earth War II engine patterns were the BMW 132 as well as 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 initially tested as a prime power plant within the first prototype of your Messerschmitt Me 262, the Me 262 V1, but in 1942 testing the BMW prototype applications 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 a lot more developed version of the particular 003 jet, recording an official prime speed of 800 km/h (497 mph). The first-ever four-engine aircraft aircraft ever flown had been the sixth and eighth prototypes on the Arado Ar 234 fly reconnaissance-bomber, which used BMW 003 aircraft for power. Through 1944 the 003's trustworthiness improved, making it a appropriate power plant for air flow frame designs competing for your Jägernotprogramm's light fighter production contract. which was won because of the Heinkel He 162 Spatz design. The BMW 003 aviation turbojet was also into account as the basic beginning for a pioneering turboshaft powerplant regarding German armored fighting vehicles in 1944-45, as the GT information and facts. Towards the end of the Third Reich, BMW developed some military aircraft projects with the Luftwaffe, the BMW Strahlbomber, the BMW Schnellbomber and also the BMW Strahljäger, but none of these individuals were built.

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BMW 3-Series (F30)In 1992, BMW acquired a substantial stake in California-based professional design studio DesignworksUSA, which they fully bought in 1995. In 1994, BMW bought the United kingdom Rover Group[19] (which at the time consisted of the Rover, Land Rover and MG brands plus the rights to defunct brand names including Austin and Morris), and owned it regarding six years. By 2000, Rover was incurring massive losses and BMW made a decision 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 create the new Mini, which was launched throughout 2001.

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Key designer Chris Bangle introduced his departure from BMW within February 2009, after serving on the design team for nearly 17 years. He was replaced by simply Adrian van Hooydonk, Bangle's former right-hand gentleman. Bangle was known with regard to his radical designs such as 2002 7-Series and your 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 remain operating Husqvarna Motorcycles as being a separate enterprise. All development, sales and production activities, as well as the actual workforce, have remained in area 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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