Bayerische Motoren Werke AG German for Bavarian Motor Performs, usually known under their abbreviation BMW, is a German high end vehicles, motorcycle, and engine manufacturing firm founded in 1916. Headquartered in Munich, Bavaria, Germany. BMW owns Mini cars and is particularly the parent company regarding Rolls-Royce Motor Cars. BMW produces motorcycles underneath BMW Motorrad, and plug-in electric cars underneath the BMW i sub-brand and the "iPerformance" model designation from the regular BMW lineup. It is one of the best-selling luxury automakers in the world. The company is a factor of the Euro Stoxx 50 stock exchange index.BMW was established being a business entity following a restructuring in the Rapp Motorenwerke aircraft creation firm in 1917. After the end connected with World War I inside 1918, BMW was forced to be able to cease aircraft-engine production from the terms of the Versailles Armistice Treaty. The company consequently changed to motorcycle production for the reason that restrictions of the treaty turned lifted in 1923, followed by automobiles with 1928-29.The first car which BMW successfully produced and also the car which launched BMW on the road to automobile production was the Dixi, based on the Austin texas 7 and licensed through the Austin Motor Company with 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 serp of 1918, known for good energy resource economy and high-altitude overall performance. With German rearmament within the 1930s, the company again started producing aircraft engines with the 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 Globe War II engine patterns were the BMW 132 as well as BMW 801 air-cooled radial applications, 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 actual Messerschmitt Me 262, the Me 262 V1, but in 1942 assessments the BMW prototype applications failed on takeoff using only the standby Junkers Jumo 210 nose-mounted piston engine powering it to your safe landing. [11][12] The few Me 262 A-1b test examples built used the harder developed version of your 003 jet, recording an official prime speed of 800 km/h (497 mph). The first-ever four-engine jet aircraft ever flown were being the sixth and eighth prototypes from the Arado Ar 234 plane reconnaissance-bomber, which used BMW 003 jets for power. Through 1944 the 003's consistency improved, making it a acceptable power plant for atmosphere frame designs competing for the Jägernotprogramm's light fighter manufacturing contract. which was won from the Heinkel He 162 Spatz design and style. The BMW 003 aviation turbojet was also into account as the basic starting point for a pioneering turboshaft powerplant regarding 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 the Luftwaffe, the BMW Strahlbomber, the BMW Schnellbomber and also the BMW Strahljäger, but none of these were built.
BMW 3-Series (F30)In 1992, BMW acquired a significant stake in California-based professional design studio DesignworksUSA, which they fully bought in 1995. In 1994, BMW bought the Uk Rover Group[19] (which right at that moment consisted of the Rover, Land Rover and MG brands plus the rights to defunct brands including Austin and Morris), and owned it for six years. By 2000, Rover was incurring massive losses and BMW thought i would sell the combine. The MG and Rover brands were sold towards Phoenix Consortium to kind MG Rover, while Land Rover was bought out by Ford. BMW, meanwhile, retained the rights to develop the new Mini, which was launched inside 2001.
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Key designer Chris Bangle introduced his departure from BMW inside February 2009, after serving on the design team for nearly 18 years. He was replaced through Adrian van Hooydonk, Bangle's former right-hand male. Bangle was known regarding his radical designs such as the 2002 7-Series and the 2002 Z4. In July 2007, the production rights pertaining to Husqvarna Motorcycles was purchased by BMW for any reported 93 million euros. BMW Motorrad plans to keep operating Husqvarna Motorcycles being a separate enterprise. All development, sales and production routines, as well as the existing workforce, have remained in spot at its present position at Varese.In June 2012, BMW was listed because #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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