Bayerische Motoren Werke AG In german for Bavarian Motor Operates, usually known under its abbreviation BMW, is a German high end vehicles, motorcycle, and engine manufacturing organization founded in 1916. Headquartered in Munich, Bavaria, Germany. BMW owns Mini cars and is particularly the parent company regarding Rolls-Royce Motor Cars. BMW produces motorcycles underneath BMW Motorrad, and plug-in electric cars beneath BMW i sub-brand plus the "iPerformance" model designation within the regular BMW lineup. It is one with the best-selling luxury automakers on earth. The company is an element of the Euro Stoxx 50 stock exchange index.BMW was established as a business entity following a restructuring of the Rapp Motorenwerke aircraft creation firm in 1917. After the end associated with World War I in 1918, BMW was forced for you to cease aircraft-engine production from the terms of the Versailles Armistice Treaty. The company consequently altered to motorcycle production because restrictions of the treaty has become lifted in 1923, followed by automobiles within 1928-29.The first car which often BMW successfully produced and also the car which launched BMW on the road to automobile production was the actual Dixi, based on the Austin texas 7 and licensed in the Austin Motor Company with Birmingham, England.
BMW's primary significant aircraft engine, and commercial product regarding any sort, was the BMW IIIa inline-six liquid-cooled motor of 1918, known for good energy resource economy and high-altitude efficiency. With German rearmament from the 1930s, the company again began producing aircraft engines for the Luftwaffe. The factory in Munich made ample use of forced labour: foreign civilians, prisoners of war and inmates with the concentration camp Dachau. Among its successful Entire world War II engine styles were the BMW 132 as well as BMW 801 air-cooled radial applications, 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 first prototype of the actual Messerschmitt Me 262, the Me 262 V1, but in 1942 testing 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 Everyone 262 A-1b test examples built used a lot more developed version of the particular 003 jet, recording an official top speed of 800 km/h (497 mph). The first-ever four-engine jet aircraft ever flown were the sixth and eighth prototypes from the Arado Ar 234 plane reconnaissance-bomber, which used BMW 003 aircraft for power. Through 1944 the 003's dependability improved, making it a suitable power plant for oxygen frame designs competing to the Jägernotprogramm's light fighter generation contract. which was won with the Heinkel He 162 Spatz pattern. The BMW 003 aviation turbojet was also into account as the basic starting point for a pioneering turboshaft powerplant with regard to German armored fighting vehicles in 1944-45, as the GT 101. Towards the end on 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 individuals were built.
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BMW 3-Series (F30)In 1992, BMW acquired a big stake in California-based commercial design studio DesignworksUSA, which they fully received in 1995. In 1994, BMW bought the Uk Rover Group[19] (which right at that moment consisted of the Rover, Land Rover and MG brands and also the rights to defunct brand names including Austin and Morris), and owned it pertaining to six years. By 2000, Rover was incurring huge losses and BMW chose to sell the combine. The MG and Rover brands were sold for the Phoenix Consortium to form MG Rover, while Land Rover was bought out by Ford. BMW, meanwhile, retained the rights to develop the new Mini, which was launched throughout 2001.
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Main designer Chris Bangle released his departure from BMW inside February 2009, after serving on the look team for nearly seventeen years. He was replaced by simply Adrian van Hooydonk, Bangle's former right-hand guy. Bangle was known with regard to his radical designs for example the 2002 7-Series and the 2002 Z4. In July 2007, the production rights intended for Husqvarna Motorcycles was purchased by BMW for a reported 93 million euros. BMW Motorrad plans to continue operating Husqvarna Motorcycles to be a separate enterprise. All development, sales and production things to do, as well as the current workforce, have remained in place at its present spot 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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