Bayerische Motoren Werke AG German born for Bavarian Motor Performs, usually known under it's abbreviation BMW, is a German high end vehicles, motorcycle, and engine manufacturing corporation founded in 1916. Headquartered in Munich, Bavaria, Germany. BMW owns Mini cars and it is the parent company of Rolls-Royce Motor Cars. BMW produces motorcycles beneath BMW Motorrad, and plug-in electric cars beneath BMW i sub-brand as well as the "iPerformance" model designation from the regular BMW lineup. It is one from the best-selling luxury automakers on earth. The company is a factor of the Euro Stoxx 50 stock trading game index.BMW was established as being a business entity following a restructuring of the Rapp Motorenwerke aircraft production firm in 1917. After the end regarding World War I in 1918, BMW was forced to be able to cease aircraft-engine production by the terms of the Versailles Armistice Treaty. The company consequently moved to motorcycle production since the restrictions of the treaty has become lifted in 1923, followed by automobiles with 1928-29.The first car which usually BMW successfully produced as well as the car which launched BMW with respect to automobile production was the actual Dixi, based on the Austin texas 7 and licensed from the Austin Motor Company with 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 motor of 1918, known for good fuel economy and high-altitude functionality. With German rearmament inside the 1930s, the company again started producing aircraft engines for that 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 Globe War II engine designs were the BMW 132 and BMW 801 air-cooled radial engines, and the pioneering BMW 003 axial-flow turbojet, which powered the tiny, 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 within the first prototype of the actual Messerschmitt Me 262, the Me 262 V1, but in 1942 checks the BMW prototype engines failed on takeoff using only the standby Junkers Jumo 210 nose-mounted piston engine powering it to a safe landing. [11][12] The few Me personally 262 A-1b test examples built used the more developed version of your 003 jet, recording an official best speed of 800 km/h (497 mph). The first-ever four-engine jet aircraft ever flown have been 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 trustworthiness improved, making it a appropriate power plant for air flow frame designs competing to the Jägernotprogramm's light fighter production contract. which was won through the Heinkel He 162 Spatz layout. The BMW 003 aviation turbojet was also into consideration as the basic beginning for a pioneering turboshaft powerplant intended for German armored fighting automobiles in 1944-45, as the GT 101. Towards the end from the Third Reich, BMW developed some military aircraft projects with the Luftwaffe, the BMW Strahlbomber, the BMW Schnellbomber along with the BMW Strahljäger, but none of these 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 acquired in 1995. In 1994, BMW bought the Uk Rover Group[19] (which at that time consisted of the Rover, Land Rover and MG brands and also the rights to defunct brands including Austin and Morris), and owned it with regard to six years. By 2000, Rover was incurring big losses and BMW decided to sell the combine. The MG and Rover brands were sold towards the Phoenix Consortium to style MG Rover, while Land Rover was taken over by Ford. BMW, meanwhile, retained the rights to make the new Mini, which was launched within 2001.
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Key designer Chris Bangle released his departure from BMW inside February 2009, after serving on the structure team for nearly over seventeen years. He was replaced through Adrian van Hooydonk, Bangle's former right-hand male. Bangle was known intended for his radical designs such as the 2002 7-Series and this 2002 Z4. In July 2007, the production rights intended for Husqvarna Motorcycles was purchased by BMW for a 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 current workforce, have remained in position at its present area at Varese.In June 2012, BMW was listed since the #1 most reputable company on this planet 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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