Bayerische Motoren Werke AG German born for Bavarian Motor Works, usually known under the abbreviation BMW, is a German high end vehicles, motorcycle, and engine manufacturing corporation founded in 1916. Headquartered in Munich, Bavaria, Germany. BMW owns Mini cars and is particularly the parent company associated with Rolls-Royce Motor Cars. BMW produces motorcycles under BMW Motorrad, and plug-in electric cars underneath the BMW i sub-brand plus the "iPerformance" model designation within the regular BMW lineup. It is one of the best-selling luxury automakers in the world. The company is an element of the Euro Stoxx 50 stock market index.BMW was established as a business entity following a restructuring of the Rapp Motorenwerke aircraft manufacturing firm in 1917. After the end regarding World War I in 1918, BMW was forced in order to cease aircraft-engine production by the terms of the Versailles Armistice Treaty. The company consequently changed to motorcycle production because the restrictions of the treaty has become lifted in 1923, followed by automobiles in 1928-29.The first car which BMW successfully produced and the car which launched BMW on the road to automobile production was the actual Dixi, based on the Austin texas 7 and licensed through the Austin Motor Company in Birmingham, England.
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BMW's initial significant aircraft engine, and commercial product of any sort, was the BMW IIIa inline-six liquid-cooled serp of 1918, known for good fuel economy and high-altitude functionality. With German rearmament in the 1930s, the company again begun producing aircraft engines for your Luftwaffe. The factory in Munich made ample utilization of forced labour: foreign civilians, prisoners of war and inmates with the concentration camp Dachau. Among its successful Earth War II engine styles were the BMW 132 as well as BMW 801 air-cooled radial machines, 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 this Messerschmitt Me 262, the Me 262 V1, but in 1942 testing the BMW prototype search engines failed on takeoff using 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 harder developed version of the 003 jet, recording an official leading speed of 800 km/h (497 mph). The first-ever four-engine plane aircraft ever flown ended up the sixth and eighth prototypes in the Arado Ar 234 jet reconnaissance-bomber, which used BMW 003 jets for power. Through 1944 the 003's trustworthiness improved, making it a ideal power plant for fresh air frame designs competing for that Jägernotprogramm's light fighter generation contract. which was won through 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 pertaining to German armored fighting motor vehicles in 1944-45, as the GT information. Towards the end with the Third Reich, BMW developed some military aircraft projects for that 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 large stake in California-based professional design studio DesignworksUSA, which they fully acquired in 1995. In 1994, BMW bought the British isles Rover Group[19] (which at the time consisted of the Rover, Land Rover and MG brands along with the rights to defunct manufacturers including Austin and Morris), and owned it pertaining to six years. By 2000, Rover was incurring huge losses and BMW made a decision to sell the combine. The MG and Rover brands were sold on the Phoenix Consortium to kind MG Rover, while Land Rover was absorbed by Ford. BMW, meanwhile, retained the rights to develop the new Mini, which was launched in 2001.
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Primary designer Chris Bangle introduced his departure from BMW throughout February 2009, after serving on the design team for nearly seventeen years. He was replaced through Adrian van Hooydonk, Bangle's former right-hand gentleman. Bangle was known pertaining to his radical designs such as 2002 7-Series and this 2002 Z4. In July 2007, the production rights regarding Husqvarna Motorcycles was purchased by BMW for a reported 93 million pounds. BMW Motorrad plans to carry on operating Husqvarna Motorcycles to be a separate enterprise. All development, sales and production pursuits, as well as the latest workforce, have remained in position at its present location 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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