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Bayerische Motoren Werke AG The german language for Bavarian Motor Is effective, usually known under it's abbreviation BMW, is a German extravagance vehicles, motorcycle, and engine manufacturing business founded in 1916. Headquartered in Munich, Bavaria, Germany. BMW owns Mini cars and it is the parent company connected with Rolls-Royce Motor Cars. BMW produces motorcycles under BMW Motorrad, and plug-in electric cars within the BMW i sub-brand and the "iPerformance" model designation within the regular BMW lineup. It is one of the best-selling luxury automakers on this planet. The company is a factor of the Euro Stoxx 50 stock market index.BMW was established like a business entity following a restructuring on the Rapp Motorenwerke aircraft producing firm in 1917. After the end connected with World War I within 1918, BMW was forced to be able to cease aircraft-engine production with the terms of the Versailles Armistice Treaty. The company consequently altered to motorcycle production because the restrictions of the treaty has become lifted in 1923, followed by automobiles in 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 actual Dixi, based on the Austin 7 and licensed through the Austin Motor Company inside Birmingham, England.

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BMW's initial significant aircraft engine, and commercial product involving any sort, was the BMW IIIa inline-six liquid-cooled serps of 1918, known for good gasoline economy and high-altitude functionality. With German rearmament inside the 1930s, the company again commenced producing aircraft engines for your Luftwaffe. The factory in Munich made ample by using forced labour: foreign civilians, prisoners of war and inmates in the concentration camp Dachau. Among its successful Globe War II engine types were the BMW 132 and also BMW 801 air-cooled radial applications, 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 in the first prototype of this Messerschmitt Me 262, the Me 262 V1, but in 1942 checks the BMW prototype motors failed on takeoff together with only the standby Junkers Jumo 210 nose-mounted piston engine powering it to some safe landing. [11][12] The few Me 262 A-1b test examples built used greater developed version of your 003 jet, recording an official top speed of 800 km/h (497 mph). The first-ever four-engine fly aircraft ever flown were the sixth and eighth prototypes in the Arado Ar 234 jet reconnaissance-bomber, which used BMW 003 jets for power. Through 1944 the 003's stability improved, making it a acceptable power plant for atmosphere frame designs competing for the Jägernotprogramm's light fighter creation contract. which was won by the Heinkel He 162 Spatz design and style. The BMW 003 aviation turbojet was also into consideration as the basic beginning for a pioneering turboshaft powerplant for German armored fighting automobiles in 1944-45, as the GT information. Towards the end from the Third Reich, BMW developed some military aircraft projects for your Luftwaffe, the BMW Strahlbomber, the BMW Schnellbomber along with the BMW Strahljäger, but none of these people were built.

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BMW 3-Series (F30)In 1992, BMW acquired a substantial stake in California-based commercial design studio DesignworksUSA, which they fully bought in 1995. In 1994, BMW bought the English 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 intended for six years. By 2000, Rover was incurring large losses and BMW thought we would sell the combine. The MG and Rover brands were sold towards the Phoenix Consortium to variety MG Rover, while Land Rover was absorbed by Ford. BMW, meanwhile, retained the rights to develop the new Mini, which was launched within 2001.

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Primary designer Chris Bangle introduced his departure from BMW throughout February 2009, after serving on the planning team for nearly 19 years. He was replaced by simply Adrian van Hooydonk, Bangle's former right-hand person. Bangle was known intended for his radical designs such as 2002 7-Series and the actual 2002 Z4. In July 2007, the production rights intended for Husqvarna Motorcycles was purchased by BMW for any reported 93 million euros. BMW Motorrad plans to stay operating Husqvarna Motorcycles being a separate enterprise. All development, sales and production pursuits, as well as the actual workforce, have remained in spot at its present location at Varese.In June 2012, BMW was listed because the #1 most reputable company on earth 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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