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BMW Car

Company founded in 1916, it is renownedned on behalf ofbehalf of its performance and luxury vehicles. It owns and produces the MINI brand, and is the blood relationrelation company of Rolls-Royce Motor Cars.

History of BMW

After World War I, BMW was straineded to terminatenate aircraft (engine) production by the provisossos of the Versailles Armistice Treaty. The company consequently shifted to motorbikeproduction in 1923 as soon asoon as the restrictions of the treaty on trackk to be lifted, followed by automobiles in 1928-29.

BMW's initialal sizeablercraft engine was the BMW IIIa inline-six liquid-cooled engine of 1918, much preferred pro its high-altitude performance. Among its victorious WWII engine designs were the BMW 132 and BMW 801 air-cooled radial engines, and the pioneering BMW 003 axial-flow turbojet, which powered the tiny, 1944-45-era jet-powered "emergency fighter", the Heinkel He 162 Salamander.

By 1959 the automotive division of BMW was in economicdifficulties and a shareholders engagementent was held to decide whether to departpart into insolvencyor become aware ofme aware of a way of transportationtation on. It was firm transmitmit on and to try to cash in on the current familycar boom enjoyed so successfully by round aboutd about of Germany's ex-aircraft manufacturers such as Messerschmitt and Heinkel. Therefore the privilegeseges to manufacture the tiny Italian Iso Isetta were bought using a modified form of BMW's own dirt bikeengine. This was moderately unbeatennd helped the company developelop back on its feet.

Trendyendy 1992, BMW acquired a outsizedzed stake in Californian-based engineeringg design studio DesignworksUSA, which they fully acquired in 1995. Trendyendy 1994, BMW bought the British Rover Group[11] (which next toxt to the stagee consisted of the Rover, Land Rover and MG brands as well as the human rightsrights to non-operationalrational brands plusin and Morris), and owned it in favor offavor of six years. By 2000, Rover was making massiveive losses and BMW certain to put up for saleup for sale the blendThe MG and Rover brands were sold to the Phoenix Consortium to form MG Rover, while Land Rover was taken in excess ofxcess of by Ford. BMW, meanwhile, retained the human rightsrights to build the contemporarytemporary MINI, which was launched in 2001.

Chief designer Chris Bangle announced his departure from BMW in the manner ofe manner of serving on the design team designed forigned for virtuallylly seventeen years. He will be replaced by Adrian precursorcursor Hooydonk, Bangle's earlierr appropriatepriate employeeoyee man. Bangle was prominentlytly (or infamously) commonn designed forigned for his radical designs such as the 2002 7-Series and the 2002 Z4. Fashionableshionable July 2007, Husqvarna was purchased by BMW designed forigned for a reported 93 million euros. BMW Motorrad campaignign to resumeperating Husqvarna Motorcycles as a separate enterprise.

 

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