Bayerische Motoren Werke AG German born for Bavarian Motor Performs, usually known under its abbreviation BMW, is a German luxurious vehicles, motorcycle, and engine manufacturing business founded in 1916. Headquartered in Munich, Bavaria, Germany. BMW owns Mini cars which is the parent company of Rolls-Royce Motor Cars. BMW produces motorcycles below BMW Motorrad, and plug-in electric cars beneath the BMW i sub-brand along with the "iPerformance" model designation inside the regular BMW lineup. It is one in the best-selling luxury automakers on the planet. The company is a component of the Euro Stoxx 50 stock exchange index.BMW was established as a business entity following a restructuring from the Rapp Motorenwerke aircraft making firm in 1917. After the end regarding World War I in 1918, BMW was forced to help cease aircraft-engine production from the terms of the Versailles Armistice Treaty. The company consequently moved to motorcycle production as the restrictions of the treaty began to be lifted in 1923, followed by automobiles within 1928-29.The first car that BMW successfully produced as well as the car which launched BMW on the path to automobile production was the particular Dixi, based on the Austin texas 7 and licensed in the Austin Motor Company with Birmingham, England.
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BMW's primary significant aircraft engine, and commercial product connected with any sort, was the BMW IIIa inline-six liquid-cooled serps of 1918, known for good energy resource economy and high-altitude overall performance. With German rearmament inside 1930s, the company again started producing aircraft engines for the Luftwaffe. The factory in Munich made ample utilization of forced labour: foreign civilians, prisoners of war and inmates in the concentration camp Dachau. Among its successful Planet War II engine types were the BMW 132 in addition to BMW 801 air-cooled radial machines, 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 tested as a prime power plant inside first prototype of the Messerschmitt Me 262, the Me 262 V1, but in 1942 tests the BMW prototype machines failed on takeoff with only the standby Junkers Jumo 210 nose-mounted piston engine powering it to a safe landing. [11][12] The few Us 262 A-1b test examples built used the more developed version of this 003 jet, recording an official prime speed of 800 km/h (497 mph). The first-ever four-engine plane aircraft ever flown ended up the sixth and eighth prototypes with the Arado Ar 234 fly reconnaissance-bomber, which used BMW 003 jets for power. Through 1944 the 003's dependability improved, making it a suitable power plant for atmosphere 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 involved as the basic starting point for a pioneering turboshaft powerplant with regard to German armored fighting autos in 1944-45, as the GT tips. Towards the end on the Third Reich, BMW developed some military aircraft projects to the Luftwaffe, the BMW Strahlbomber, the BMW Schnellbomber as well as the BMW Strahljäger, but none of them were built.
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BMW 3-Series (F30)In 1992, BMW acquired a big stake in California-based commercial design studio DesignworksUSA, which they fully acquired in 1995. In 1994, BMW bought the United kingdom Rover Group[19] (which back then consisted of the Rover, Land Rover and MG brands in addition to the rights to defunct manufacturers including Austin and Morris), and owned it for six years. By 2000, Rover was incurring huge losses and BMW thought we would sell the combine. The MG and Rover brands were sold for the Phoenix Consortium to variety MG Rover, while Land Rover was absorbed by Ford. BMW, meanwhile, retained the rights to build the new Mini, which was launched with 2001.
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Fundamental designer Chris Bangle released his departure from BMW throughout February 2009, after serving on the design team for nearly 19 years. He was replaced by simply Adrian van Hooydonk, Bangle's former right-hand male. Bangle was known regarding his radical designs such as 2002 7-Series and this 2002 Z4. In July 2007, the production rights with regard to Husqvarna Motorcycles was purchased by BMW to get a reported 93 million euros. BMW Motorrad plans to carry on operating Husqvarna Motorcycles to be a separate enterprise. All development, sales and production routines, as well as the actual workforce, have remained in area at its present location at Varese.In June 2012, BMW was listed for the reason that #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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