Bayerische Motoren Werke AG A language like german for Bavarian Motor Operates, usually known under the abbreviation BMW, is a German extravagance vehicles, motorcycle, and engine manufacturing organization founded in 1916. Headquartered in Munich, Bavaria, Germany. BMW owns Mini cars and it is the parent company regarding Rolls-Royce Motor Cars. BMW produces motorcycles beneath BMW Motorrad, and plug-in electric cars within the BMW i sub-brand and the "iPerformance" model designation from the regular BMW lineup. It is one with the best-selling luxury automakers on this planet. The company is a factor of the Euro Stoxx 50 stock trading game index.BMW was established being a business entity following a restructuring on the Rapp Motorenwerke aircraft creation firm in 1917. After the end involving World War I in 1918, BMW was forced in order to cease aircraft-engine production from the terms of the Versailles Armistice Treaty. The company consequently changed to motorcycle production for the reason that restrictions of the treaty has become lifted in 1923, followed by automobiles inside 1928-29.The first car that BMW successfully produced and the car which launched BMW on the path to automobile production was the actual Dixi, based on the Austin tx 7 and licensed on the Austin Motor Company in Birmingham, England.
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BMW's very first significant aircraft engine, and commercial product associated with any sort, was the BMW IIIa inline-six liquid-cooled engine of 1918, known for good energy economy and high-altitude performance. With German rearmament in the 1930s, the company again began producing aircraft engines to the Luftwaffe. The factory in Munich made ample by using forced labour: foreign civilians, prisoners of war and inmates with the concentration camp Dachau. Among its successful World War II engine styles were the BMW 132 in addition to BMW 801 air-cooled radial applications, 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 from the first prototype of the actual Messerschmitt Me 262, the Me 262 V1, but in 1942 tests the BMW prototype engines failed on takeoff with only the standby Junkers Jumo 210 nose-mounted piston engine powering it to your safe landing. [11][12] The few Me 262 A-1b test examples built used the greater developed version of your 003 jet, recording an official leading speed of 800 km/h (497 mph). The first-ever four-engine fly aircraft ever flown ended up the sixth and eighth prototypes with the Arado Ar 234 airliner reconnaissance-bomber, which used BMW 003 aircraft for power. Through 1944 the 003's stability improved, making it a acceptable power plant for atmosphere frame designs competing for that 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 regarding German armored fighting cars in 1944-45, as the GT information and facts. Towards the end with the Third Reich, BMW developed some military aircraft projects for the Luftwaffe, the BMW Strahlbomber, the BMW Schnellbomber and also the BMW Strahljäger, but none of these individuals were built.
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BMW 3-Series (F30)In 1992, BMW acquired a huge stake in California-based manufacturing design studio DesignworksUSA, which they fully obtained in 1995. In 1994, BMW bought the United kingdom Rover Group[19] (which at the time consisted of the Rover, Land Rover and MG brands as well as the rights to defunct makes including Austin and Morris), and owned it for six years. By 2000, Rover was incurring huge losses and BMW thought i would sell the combine. The MG and Rover brands were sold to the Phoenix Consortium to kind MG Rover, while Land Rover was bought out by Ford. BMW, meanwhile, retained the rights to construct the new Mini, which was launched inside 2001.
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Main designer Chris Bangle introduced his departure from BMW within February 2009, after serving on the design team for nearly seventeen years. He was replaced through Adrian van Hooydonk, Bangle's former right-hand person. Bangle was known intended for his radical designs such as the 2002 7-Series and this 2002 Z4. In July 2007, the production rights for Husqvarna Motorcycles was purchased by BMW for a reported 93 million pounds. BMW Motorrad plans to remain operating Husqvarna Motorcycles being a separate enterprise. All development, sales and production things to do, as well as the latest workforce, have remained in location at its present spot at Varese.In June 2012, BMW was listed because the #1 most reputable company in the world 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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