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Bayerische Motoren Werke AG A language like german for Bavarian Motor Performs, usually known under it's abbreviation BMW, is a German luxury vehicles, motorcycle, and engine manufacturing company founded in 1916. Headquartered in Munich, Bavaria, Germany. BMW owns Mini cars and it is the parent company involving Rolls-Royce Motor Cars. BMW produces motorcycles below BMW Motorrad, and plug-in electric cars within the BMW i sub-brand as well as the "iPerformance" model designation inside regular BMW lineup. It is one with the best-selling luxury automakers on the globe. The company is an element of the Euro Stoxx 50 currency markets index.BMW was established being a business entity following a restructuring with the Rapp Motorenwerke aircraft producing firm in 1917. After the end connected 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 because the restrictions of the treaty grew to become lifted in 1923, followed by automobiles in 1928-29.The first car which in turn BMW successfully produced plus 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 within Birmingham, England.

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BMW's initial significant aircraft engine, and commercial product associated with any sort, was the BMW IIIa inline-six liquid-cooled motor of 1918, known for good energy economy and high-altitude functionality. With German rearmament inside 1930s, the company again started out producing aircraft engines for the Luftwaffe. The factory in Munich made ample utilization of forced labour: foreign civilians, prisoners of war and inmates in the concentration camp Dachau. Among its successful Globe War II engine designs were the BMW 132 in addition to BMW 801 air-cooled radial motors, 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 Messerschmitt Me 262, the Me 262 V1, but in 1942 exams 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 the harder developed version of the particular 003 jet, recording an official best speed of 800 km/h (497 mph). The first-ever four-engine airliner aircraft ever flown had been the sixth and eighth prototypes of the Arado Ar 234 fly reconnaissance-bomber, which used BMW 003 aircraft for power. Through 1944 the 003's trustworthiness improved, making it a suitable power plant for air flow frame designs competing with the Jägernotprogramm's light fighter generation contract. which was won with the Heinkel He 162 Spatz style. 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 motor vehicles in 1944-45, as the GT tips. Towards the end in 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 people were built.

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BMW 3-Series (F30)In 1992, BMW acquired a large stake in California-based business design studio DesignworksUSA, which they fully acquired in 1995. In 1994, BMW bought the United kingdom Rover Group[19] (which during the time consisted of the Rover, Land Rover and MG brands in addition to the rights to defunct makes including Austin and Morris), and owned it for six years. By 2000, Rover was incurring enormous 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 taken over by Ford. BMW, meanwhile, retained the rights to construct the new Mini, which was launched in 2001.

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Chief designer Chris Bangle introduced his departure from BMW throughout February 2009, after serving on the design team for nearly over seventeen years. He was replaced by means of Adrian van Hooydonk, Bangle's former right-hand gentleman. Bangle was known with regard to his radical designs such as 2002 7-Series and the particular 2002 Z4. In July 2007, the production rights pertaining to Husqvarna Motorcycles was purchased by BMW for any reported 93 million euros. BMW Motorrad plans to continue operating Husqvarna Motorcycles to be a separate enterprise. All development, sales and production routines, as well as the present workforce, have remained in spot at its present area at Varese.In June 2012, BMW was listed because #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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