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Bayerische Motoren Werke AG German born for Bavarian Motor Performs, usually known under it's abbreviation BMW, is a German high end vehicles, motorcycle, and engine manufacturing business founded in 1916. Headquartered in Munich, Bavaria, Germany. BMW owns Mini cars which is the parent company involving Rolls-Royce Motor Cars. BMW produces motorcycles within BMW Motorrad, and plug-in electric cars under the BMW i sub-brand plus the "iPerformance" model designation inside the regular BMW lineup. It is one of the best-selling luxury automakers on earth. The company is a factor of the Euro Stoxx 50 stock market index.BMW was established like a business entity following a restructuring from the Rapp Motorenwerke aircraft producing firm in 1917. After the end involving World War I in 1918, BMW was forced to cease aircraft-engine production through the terms of the Versailles Armistice Treaty. The company consequently moved to motorcycle production because restrictions of the treaty has become lifted in 1923, followed by automobiles with 1928-29.The first car which usually BMW successfully produced and the car which launched BMW with respect to automobile production was this Dixi, based on the Austin 7 and licensed from your Austin Motor Company throughout Birmingham, England.

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BMW's very first significant aircraft engine, and commercial product regarding any sort, was the BMW IIIa inline-six liquid-cooled engine of 1918, known for good fuel economy and high-altitude functionality. With German rearmament inside the 1930s, the company again began 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 World War II engine styles were the BMW 132 along with 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 tested as a prime power plant inside the first prototype of this Messerschmitt Me 262, the Me 262 V1, but in 1942 assessments 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 Me 262 A-1b test examples built used the harder developed version of this 003 jet, recording an official best speed of 800 km/h (497 mph). The first-ever four-engine fly aircraft ever flown were being the sixth and eighth prototypes of the Arado Ar 234 airliner reconnaissance-bomber, which used BMW 003 jets for power. Through 1944 the 003's reliability improved, making it a acceptable power plant for air frame designs competing with the Jägernotprogramm's light fighter creation contract. which was won by the Heinkel He 162 Spatz layout. The BMW 003 aviation turbojet was also under consideration as the basic beginning for a pioneering turboshaft powerplant for 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 to the Luftwaffe, the BMW Strahlbomber, the BMW Schnellbomber as well as the BMW Strahljäger, but none of these were built.

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BMW 3-Series (F30)In 1992, BMW acquired a large stake in California-based commercial design studio DesignworksUSA, which they fully bought 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 as well as the rights to defunct manufacturers including Austin and Morris), and owned it pertaining to six years. By 2000, Rover was incurring massive losses and BMW chose to sell the combine. The MG and Rover brands were sold towards Phoenix Consortium to style MG Rover, while Land Rover was taken over by Ford. BMW, meanwhile, retained the rights to build the new Mini, which was launched with 2001.

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Chief designer Chris Bangle announced his departure from BMW inside February 2009, after serving on the planning team for nearly 19 years. He was replaced through Adrian van Hooydonk, Bangle's former right-hand guy. Bangle was known intended for his radical designs including the 2002 7-Series and the actual 2002 Z4. In July 2007, the production rights pertaining to Husqvarna Motorcycles was purchased by BMW for the reported 93 million pounds. BMW Motorrad plans to continue operating Husqvarna Motorcycles to be a separate enterprise. All development, sales and production things to do, as well as the present workforce, have remained in area at its present position at Varese.In June 2012, BMW was listed because #1 most reputable company on earth 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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