Bayerische Motoren Werke AG A language like german for Bavarian Motor Performs, usually known under its abbreviation BMW, is a German extravagance vehicles, motorcycle, and engine manufacturing firm founded in 1916. Headquartered in Munich, Bavaria, Germany. BMW owns Mini cars and it is the parent company connected with Rolls-Royce Motor Cars. BMW produces motorcycles beneath BMW Motorrad, and plug-in electric cars within the BMW i sub-brand along with the "iPerformance" model designation inside regular BMW lineup. It is one from the best-selling luxury automakers on the globe. The company is an element of the Euro Stoxx 50 wall street game index.BMW was established to be a business entity following a restructuring of the Rapp Motorenwerke aircraft making firm in 1917. After the end of World War I throughout 1918, BMW was forced to cease aircraft-engine production from the terms of the Versailles Armistice Treaty. The company consequently shifted to motorcycle production since the restrictions of the treaty turned lifted in 1923, followed by automobiles within 1928-29.The first car that BMW successfully produced and also the car which launched BMW on the path to automobile production was the Dixi, based on the Austin 7 and licensed through the Austin Motor Company throughout Birmingham, England.
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BMW's 1st significant aircraft engine, and commercial product connected with any sort, was the BMW IIIa inline-six liquid-cooled serps of 1918, known for good energy resource economy and high-altitude overall performance. With German rearmament inside 1930s, the company again commenced producing aircraft engines for the Luftwaffe. The factory in Munich made ample use of forced labour: foreign civilians, prisoners of war and inmates from 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 first tested as a prime power plant within the first prototype of the particular 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 with a safe landing. [11][12] The few Everyone 262 A-1b test examples built used the harder developed version of this 003 jet, recording an official leading speed of 800 km/h (497 mph). The first-ever four-engine jet aircraft ever flown were being 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 dependability improved, making it a suited power plant for fresh air frame designs competing for your Jägernotprogramm's light fighter generation contract. which was won with the Heinkel He 162 Spatz design. The BMW 003 aviation turbojet was also into account as the basic beginning for a pioneering turboshaft powerplant intended for German armored fighting cars in 1944-45, as the GT information. Towards the end on the Third Reich, BMW developed some military aircraft projects to the Luftwaffe, the BMW Strahlbomber, the BMW Schnellbomber as well as the BMW Strahljäger, but none of these individuals were built.
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BMW 3-Series (F30)In 1992, BMW acquired a substantial stake in California-based manufacturing design studio DesignworksUSA, which they fully acquired in 1995. In 1994, BMW bought the Uk Rover Group[19] (which at the time consisted of the Rover, Land Rover and MG brands and also the rights to defunct brands including Austin and Morris), and owned it for six years. By 2000, Rover was incurring big losses and BMW chose to sell the combine. The MG and Rover brands were sold towards Phoenix Consortium to form MG Rover, while Land Rover was taken over by Ford. BMW, meanwhile, retained the rights to construct the new Mini, which was launched with 2001.
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Fundamental designer Chris Bangle reported his departure from BMW with February 2009, after serving on the look team for nearly 17 years. He was replaced simply by Adrian van Hooydonk, Bangle's former right-hand gentleman. Bangle was known with regard to his radical designs including the 2002 7-Series and the actual 2002 Z4. In July 2007, the production rights for Husqvarna Motorcycles was purchased by BMW for a reported 93 million euros. BMW Motorrad plans to carry on operating Husqvarna Motorcycles to be a separate enterprise. All development, sales and production routines, as well as the existing workforce, have remained in location at its present area at Varese.In June 2012, BMW was listed because the #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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