Bayerische Motoren Werke AG A language like german for Bavarian Motor Performs, usually known under its abbreviation BMW, is a German high end vehicles, motorcycle, and engine manufacturing firm founded in 1916. Headquartered in Munich, Bavaria, Germany. BMW owns Mini cars and is also the parent company regarding Rolls-Royce Motor Cars. BMW produces motorcycles within BMW Motorrad, and plug-in electric cars beneath BMW i sub-brand along with the "iPerformance" model designation from the regular BMW lineup. It is one with the best-selling luxury automakers on the globe. The company is a factor of the Euro Stoxx 50 stock exchange index.BMW was established like a business entity following a restructuring on the Rapp Motorenwerke aircraft producing firm in 1917. After the end associated with World War I inside 1918, BMW was forced in order to cease aircraft-engine production by the terms of the Versailles Armistice Treaty. The company consequently altered to motorcycle production since the restrictions of the treaty turned lifted in 1923, followed by automobiles inside 1928-29.The first car which often BMW successfully produced plus the car which launched BMW on the road to automobile production was your Dixi, based on the Austin texas 7 and licensed on the Austin Motor Company within 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 serp of 1918, known for good fuel economy and high-altitude overall performance. With German rearmament from the 1930s, the company again began producing aircraft engines for that Luftwaffe. The factory in Munich made ample using forced labour: foreign civilians, prisoners of war and inmates of the concentration camp Dachau. Among its successful Globe War II engine types were the BMW 132 in addition to BMW 801 air-cooled radial search engines, 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 first tested as a prime power plant from the first prototype of the actual Messerschmitt Me 262, the Me 262 V1, but in 1942 assessments the BMW prototype applications failed on takeoff with only the standby Junkers Jumo 210 nose-mounted piston engine powering it to your safe landing. [11][12] The few Everyone 262 A-1b test examples built used a lot more developed version of the actual 003 jet, recording an official top speed of 800 km/h (497 mph). The first-ever four-engine fly aircraft ever flown ended up the sixth and eighth prototypes in the Arado Ar 234 fly reconnaissance-bomber, which used BMW 003 aircraft for power. Through 1944 the 003's reliability improved, making it a suitable power plant for atmosphere frame designs competing for that Jägernotprogramm's light fighter output contract. which was won because of the Heinkel He 162 Spatz style. The BMW 003 aviation turbojet was also involved as the basic starting point for a pioneering turboshaft powerplant for German armored fighting vehicles in 1944-45, as the GT information. Towards the end on the Third Reich, BMW developed some military aircraft projects for the Luftwaffe, the BMW Strahlbomber, the BMW Schnellbomber along with the BMW Strahljäger, but none of these were built.
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BMW 3-Series (F30)In 1992, BMW acquired a big stake in California-based manufacturing design studio DesignworksUSA, which they fully obtained in 1995. In 1994, BMW bought the English Rover Group[19] (which at that time consisted of the Rover, Land Rover and MG brands and also the rights to defunct models including Austin and Morris), and owned it intended for six years. By 2000, Rover was incurring big losses and BMW thought i would sell the combine. The MG and Rover brands were sold towards the Phoenix Consortium to kind MG Rover, while Land Rover was bought out by Ford. BMW, meanwhile, retained the rights to create the new Mini, which was launched throughout 2001.
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Primary designer Chris Bangle introduced his departure from BMW with February 2009, after serving on the style team for nearly over seventeen years. He was replaced by simply Adrian van Hooydonk, Bangle's former right-hand male. Bangle was known pertaining to his radical designs such as 2002 7-Series and the 2002 Z4. In July 2007, the production rights intended for Husqvarna Motorcycles was purchased by BMW for just a reported 93 million euros. BMW Motorrad plans to stay operating Husqvarna Motorcycles to be a separate enterprise. All development, sales and production activities, as well as the current workforce, have remained in place at its present position at Varese.In June 2012, BMW was listed because the #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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