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Bayerische Motoren Werke AG A language like german for Bavarian Motor Performs, usually known under it is 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 is the parent company regarding Rolls-Royce Motor Cars. BMW produces motorcycles underneath BMW Motorrad, and plug-in electric cars within the BMW i sub-brand and the "iPerformance" model designation inside the regular BMW lineup. It is one with the best-selling luxury automakers on the globe. The company is a component of the Euro Stoxx 50 currency markets index.BMW was established as a business entity following a restructuring on the Rapp Motorenwerke aircraft producing firm in 1917. After the end connected with World War I in 1918, BMW was forced to be able to cease aircraft-engine production from the terms of the Versailles Armistice Treaty. The company consequently shifted to motorcycle production as the restrictions of the treaty turned lifted in 1923, followed by automobiles in 1928-29.The first car which 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 7 and licensed in the Austin Motor Company inside Birmingham, England.

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BMW's initial significant aircraft engine, and commercial product regarding any sort, was the BMW IIIa inline-six liquid-cooled engine of 1918, known for good gas economy and high-altitude overall performance. With German rearmament within the 1930s, the company again started out producing aircraft engines for your 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 Planet War II engine styles were the BMW 132 and BMW 801 air-cooled radial applications, and the pioneering BMW 003 axial-flow turbojet, which powered the small, 1944-1945-era jet-powered "emergency fighter", the Heinkel He 162 Spatz. The BMW 003 jet engine was tested as a prime power plant in the first prototype of the Messerschmitt Me 262, the Me 262 V1, but in 1942 assessments the BMW prototype machines failed on takeoff with only the standby Junkers Jumo 210 nose-mounted piston engine powering it to some safe landing. [11][12] The few Myself 262 A-1b test examples built used a lot 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 with the Arado Ar 234 fly reconnaissance-bomber, which used BMW 003 jets for power. Through 1944 the 003's trustworthiness improved, making it a suited power plant for atmosphere frame designs competing for your 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 involved as the basic beginning for a pioneering turboshaft powerplant for German armored fighting autos in 1944-45, as the GT tips. Towards the end of the Third Reich, BMW developed some military aircraft projects for your Luftwaffe, the BMW Strahlbomber, the BMW Schnellbomber and the BMW Strahljäger, but none of them were built.

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BMW 3-Series (F30)In 1992, BMW acquired a huge stake in California-based manufacturing design studio DesignworksUSA, which they fully purchased in 1995. In 1994, BMW bought the English Rover Group[19] (which at that time consisted of the Rover, Land Rover and MG brands as well as the rights to defunct brand names including Austin and Morris), and owned it for six years. By 2000, Rover was incurring big losses and BMW thought we would sell the combine. The MG and Rover brands were sold towards Phoenix Consortium to style MG Rover, while Land Rover was absorbed by Ford. BMW, meanwhile, retained the rights to construct the new Mini, which was launched inside 2001.

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Primary designer Chris Bangle reported his departure from BMW with February 2009, after serving on the design team for nearly 19 years. He was replaced through Adrian van Hooydonk, Bangle's former right-hand gentleman. Bangle was known intended for his radical designs including the 2002 7-Series and this 2002 Z4. In July 2007, the production rights pertaining to Husqvarna Motorcycles was purchased by BMW for the reported 93 million pounds. BMW Motorrad plans to continue operating Husqvarna Motorcycles like a separate enterprise. All development, sales and production things to do, as well as the current workforce, have remained in spot at its present area at Varese.In June 2012, BMW was listed because #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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