Bayerische Motoren Werke AG The german language for Bavarian Motor Performs, usually known under its abbreviation BMW, is a German high-class vehicles, motorcycle, and engine manufacturing business founded in 1916. Headquartered in Munich, Bavaria, Germany. BMW owns Mini cars and is particularly the parent company of Rolls-Royce Motor Cars. BMW produces motorcycles underneath BMW Motorrad, and plug-in electric cars under the BMW i sub-brand along with the "iPerformance" model designation within the regular BMW lineup. It is one from the best-selling luxury automakers on the globe. The company is a factor of the Euro Stoxx 50 wall street game index.BMW was established like a business entity following a restructuring in the Rapp Motorenwerke aircraft manufacturing firm in 1917. After the end regarding World War I inside 1918, BMW was forced to cease aircraft-engine production by the terms of the Versailles Armistice Treaty. The company consequently shifted to motorcycle production because restrictions of the treaty started to be lifted in 1923, followed by automobiles throughout 1928-29.The first car that BMW successfully produced plus the car which launched BMW on the path to automobile production was the Dixi, based on the Austin 7 and licensed in the Austin Motor Company in 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 powerplant of 1918, known for good gas economy and high-altitude performance. With German rearmament inside 1930s, the company again begun producing aircraft engines for the Luftwaffe. The factory in Munich made ample using forced labour: foreign civilians, prisoners of war and inmates on the concentration camp Dachau. Among its successful Earth War II engine models were the BMW 132 and BMW 801 air-cooled radial engines, 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 initially tested as a prime power plant inside the first prototype of the particular Messerschmitt Me 262, the Me 262 V1, but in 1942 checks the BMW prototype engines failed on takeoff along with only the standby Junkers Jumo 210 nose-mounted piston engine powering it to some safe landing. [11][12] The few Everyone 262 A-1b test examples built used the greater developed version of the particular 003 jet, recording an official prime speed of 800 km/h (497 mph). The first-ever four-engine airliner aircraft ever flown ended up the sixth and eighth prototypes with the Arado Ar 234 fly reconnaissance-bomber, which used BMW 003 aircraft for power. Through 1944 the 003's stability improved, making it a appropriate power plant for oxygen frame designs competing with the Jägernotprogramm's light fighter manufacturing contract. which was won because of the Heinkel He 162 Spatz style. The BMW 003 aviation turbojet was also in mind as the basic beginning for a pioneering turboshaft powerplant intended for German armored fighting vehicles in 1944-45, as the GT information. Towards the end of the Third Reich, BMW developed some military aircraft projects with the Luftwaffe, the BMW Strahlbomber, the BMW Schnellbomber and also 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 industrial design studio DesignworksUSA, which they fully bought in 1995. In 1994, BMW bought the United kingdom Rover Group[19] (which back then consisted of the Rover, Land Rover and MG brands and also the rights to defunct brand names including Austin and Morris), and owned it regarding six years. By 2000, Rover was incurring enormous losses and BMW made a decision to sell the combine. The MG and Rover brands were sold towards Phoenix Consortium to type MG Rover, while Land Rover was absorbed by Ford. BMW, meanwhile, retained the rights to build the new Mini, which was launched inside 2001.
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Main designer Chris Bangle reported his departure from BMW inside February 2009, after serving on the structure team for nearly 17 years. He was replaced by simply Adrian van Hooydonk, Bangle's former right-hand man. Bangle was known for his radical designs like the 2002 7-Series and this 2002 Z4. In July 2007, the production rights regarding Husqvarna Motorcycles was purchased by BMW for the reported 93 million euros. BMW Motorrad plans to carry on operating Husqvarna Motorcycles as a separate enterprise. All development, sales and production actions, as well as the latest workforce, have remained in spot at its present area at Varese.In June 2012, BMW was listed for the reason that #1 most reputable company on the 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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