Bayerische Motoren Werke AG A language like german for Bavarian Motor Works, usually known under the abbreviation BMW, is a German luxurious vehicles, motorcycle, and engine manufacturing firm founded in 1916. Headquartered in Munich, Bavaria, Germany. BMW owns Mini cars and is also the parent company of Rolls-Royce Motor Cars. BMW produces motorcycles underneath BMW Motorrad, and plug-in electric cars beneath BMW i sub-brand and the "iPerformance" model designation within the regular BMW lineup. It is one in the best-selling luxury automakers on this planet. The company is a factor of the Euro Stoxx 50 stock trading game index.BMW was established as a business entity following a restructuring with the Rapp Motorenwerke aircraft production firm in 1917. After the end of World War I throughout 1918, BMW was forced to help cease aircraft-engine production through the terms of the Versailles Armistice Treaty. The company consequently shifted to motorcycle production because the restrictions of the treaty has become lifted in 1923, followed by automobiles with 1928-29.The first car which BMW successfully produced plus the car which launched BMW on the road to automobile production was this Dixi, based on the Austin texas 7 and licensed from your Austin Motor Company throughout 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 gasoline economy and high-altitude efficiency. With German rearmament inside the 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 from the concentration camp Dachau. Among its successful Planet War II engine designs 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 inside the first prototype of the particular Messerschmitt Me 262, the Me 262 V1, but in 1942 assessments the BMW prototype search engines failed on takeoff along with only the standby Junkers Jumo 210 nose-mounted piston engine powering it with a safe landing. [11][12] The few Me 262 A-1b test examples built used the more developed version of the actual 003 jet, recording an official prime speed of 800 km/h (497 mph). The first-ever four-engine fly aircraft ever flown were being the sixth and eighth prototypes from the Arado Ar 234 airliner reconnaissance-bomber, which used BMW 003 jets for power. Through 1944 the 003's stability improved, making it a acceptable power plant for air flow frame designs competing with the Jägernotprogramm's light fighter generation contract. which was won with the Heinkel He 162 Spatz design. The BMW 003 aviation turbojet was also in mind as the basic beginning point for a pioneering turboshaft powerplant regarding German armored fighting autos in 1944-45, as the GT 101. Towards the end of the Third Reich, BMW developed some military aircraft projects with the Luftwaffe, the BMW Strahlbomber, the BMW Schnellbomber as well as the BMW Strahljäger, but none of these people were built.
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BMW 3-Series (F30)In 1992, BMW acquired a significant stake in California-based commercial design studio DesignworksUSA, which they fully purchased in 1995. In 1994, BMW bought the British Rover Group[19] (which back then consisted of the Rover, Land Rover and MG brands along with the rights to defunct manufacturers including Austin and Morris), and owned it for six years. By 2000, Rover was incurring huge losses and BMW chose to sell the combine. The MG and Rover brands were sold towards 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 with 2001.
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Main designer Chris Bangle announced his departure from BMW inside February 2009, after serving on the planning team for nearly 18 years. He was replaced by Adrian van Hooydonk, Bangle's former right-hand male. Bangle was known with regard to his radical designs for example the 2002 7-Series and the actual 2002 Z4. In July 2007, the production rights for Husqvarna Motorcycles was purchased by BMW to get a reported 93 million pounds. BMW Motorrad plans to stay operating Husqvarna Motorcycles as being a separate enterprise. All development, sales and production activities, as well as the current workforce, have remained in area at its present position at Varese.In June 2012, BMW was listed since the #1 most reputable company on the globe 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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