Bayerische Motoren Werke AG German born for Bavarian Motor Works, usually known under it is abbreviation BMW, is a German luxurious vehicles, motorcycle, and engine manufacturing company founded in 1916. Headquartered in Munich, Bavaria, Germany. BMW owns Mini cars which is the parent company connected with Rolls-Royce Motor Cars. BMW produces motorcycles below BMW Motorrad, and plug-in electric cars beneath the BMW i sub-brand and the "iPerformance" model designation in the regular BMW lineup. It is one of the best-selling luxury automakers on earth. The company is a component of the Euro Stoxx 50 currency markets index.BMW was established as a business entity following a restructuring of the Rapp Motorenwerke aircraft manufacturing firm in 1917. After the end regarding World War I within 1918, BMW was forced for you to cease aircraft-engine production with the terms of the Versailles Armistice Treaty. The company consequently shifted to motorcycle production for the reason that restrictions of the treaty started to be lifted in 1923, followed by automobiles within 1928-29.The first car which in turn BMW successfully produced as well as the car which launched BMW in relation to automobile production was the Dixi, based on the Austin texas 7 and licensed in the Austin Motor Company throughout Birmingham, England.
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BMW's very first 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 efficiency. With German rearmament in the 1930s, the company again commenced producing aircraft engines for that 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 Earth War II engine models were the BMW 132 and also BMW 801 air-cooled radial machines, 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 tested as a prime power plant inside the first prototype of the actual Messerschmitt Me 262, the Me 262 V1, but in 1942 checks the BMW prototype applications failed on takeoff along with only the standby Junkers Jumo 210 nose-mounted piston engine powering it to your safe landing. [11][12] The few Myself 262 A-1b test examples built used the more developed version of the actual 003 jet, recording an official best speed of 800 km/h (497 mph). The first-ever four-engine jet aircraft ever flown were the sixth and eighth prototypes on the Arado Ar 234 jet reconnaissance-bomber, which used BMW 003 aircraft for power. Through 1944 the 003's dependability improved, making it a suited power plant for oxygen frame designs competing for that Jägernotprogramm's light fighter manufacturing contract. which was won through the Heinkel He 162 Spatz design. The BMW 003 aviation turbojet was also into consideration as the basic kick off point for a pioneering turboshaft powerplant intended for German armored fighting vehicles in 1944-45, as the GT tips. Towards the end with the Third Reich, BMW developed some military aircraft projects for that Luftwaffe, the BMW Strahlbomber, the BMW Schnellbomber and the BMW Strahljäger, but none of these individuals were built.
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BMW 3-Series (F30)In 1992, BMW acquired a significant stake in California-based manufacturing design studio DesignworksUSA, which they fully bought in 1995. In 1994, BMW bought the English Rover Group[19] (which during the time consisted of the Rover, Land Rover and MG brands along with the rights to defunct models including Austin and Morris), and owned it pertaining to six years. By 2000, Rover was incurring large losses and BMW chose to sell the combine. The MG and Rover brands were sold on the Phoenix Consortium to style MG Rover, while Land Rover was bought out by Ford. BMW, meanwhile, retained the rights to construct the new Mini, which was launched in 2001.
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Key designer Chris Bangle introduced his departure from BMW in February 2009, after serving on the planning team for nearly 17 years. He was replaced simply by Adrian van Hooydonk, Bangle's former right-hand guy. 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 to get a reported 93 million euros. BMW Motorrad plans to remain operating Husqvarna Motorcycles as being a separate enterprise. All development, sales and production actions, as well as the existing workforce, have remained in location at its present location 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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