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Bayerische Motoren Werke AG German born for Bavarian Motor Performs, usually known under their abbreviation BMW, is a German extravagance vehicles, motorcycle, and engine manufacturing corporation founded in 1916. Headquartered in Munich, Bavaria, Germany. BMW owns Mini cars which is the parent company regarding Rolls-Royce Motor Cars. BMW produces motorcycles beneath BMW Motorrad, and plug-in electric cars beneath the BMW i sub-brand and also the "iPerformance" model designation inside regular BMW lineup. It is one in the best-selling luxury automakers in the world. The company is a component of the Euro Stoxx 50 wall street game index.BMW was established as being a business entity following a restructuring with the Rapp Motorenwerke aircraft making firm in 1917. After the end involving World War I with 1918, BMW was forced to help cease aircraft-engine production because of the terms of the Versailles Armistice Treaty. The company consequently moved to motorcycle production because restrictions of the treaty has become lifted in 1923, followed by automobiles with 1928-29.The first car which often BMW successfully produced plus the car which launched BMW with respect to automobile production was this Dixi, based on the Austin tx 7 and licensed in the Austin Motor Company within Birmingham, England.

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BMW's 1st significant aircraft engine, and commercial product of any sort, was the BMW IIIa inline-six liquid-cooled serp of 1918, known for good gasoline economy and high-altitude overall performance. With German rearmament inside the 1930s, the company again commenced producing aircraft engines with the 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 Earth War II engine designs were the BMW 132 along with BMW 801 air-cooled radial machines, and the pioneering BMW 003 axial-flow turbojet, which powered the teeny, 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 this Messerschmitt Me 262, the Me 262 V1, but in 1942 exams the BMW prototype engines failed on takeoff along with only the standby Junkers Jumo 210 nose-mounted piston engine powering it into a safe landing. [11][12] The few Myself 262 A-1b test examples built used a lot more developed version of the actual 003 jet, recording an official best speed of 800 km/h (497 mph). The first-ever four-engine fly aircraft ever flown had been the sixth and eighth prototypes in the Arado Ar 234 airliner reconnaissance-bomber, which used BMW 003 jets for power. Through 1944 the 003's dependability improved, making it a appropriate power plant for atmosphere frame designs competing to the Jägernotprogramm's light fighter production contract. which was won by the Heinkel He 162 Spatz style. The BMW 003 aviation turbojet was also under consideration as the basic beginning point for a pioneering turboshaft powerplant for German armored fighting vehicles in 1944-45, as the GT info. Towards the end with the Third Reich, BMW developed some military aircraft projects for that 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 huge stake in California-based professional design studio DesignworksUSA, which they fully purchased in 1995. In 1994, BMW bought the English Rover Group[19] (which during the time consisted of the Rover, Land Rover and MG brands and also the rights to defunct brand names including Austin and Morris), and owned it intended for six years. By 2000, Rover was incurring massive 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 build the new Mini, which was launched throughout 2001.

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Key designer Chris Bangle declared his departure from BMW within February 2009, after serving on the structure team for nearly 18 years. He was replaced by means of Adrian van Hooydonk, Bangle's former right-hand guy. Bangle was known intended for his radical designs for example the 2002 7-Series and your 2002 Z4. In July 2007, the production rights for Husqvarna Motorcycles was purchased by BMW for just a reported 93 million pounds. BMW Motorrad plans to remain operating Husqvarna Motorcycles being a separate enterprise. All development, sales and production activities, as well as the present workforce, have remained in area at its present area at Varese.In June 2012, BMW was listed as 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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