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Bayerische Motoren Werke AG German born for Bavarian Motor Performs, usually known under its 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 and is the parent company involving Rolls-Royce Motor Cars. BMW produces motorcycles under BMW Motorrad, and plug-in electric cars beneath BMW i sub-brand and the "iPerformance" model designation within the regular BMW lineup. It is one from the best-selling luxury automakers on the planet. The company is a component of the Euro Stoxx 50 stock exchange index.BMW was established to be a business entity following a restructuring with the Rapp Motorenwerke aircraft creation firm in 1917. After the end of World War I inside 1918, BMW was forced to help cease aircraft-engine production from the terms of the Versailles Armistice Treaty. The company consequently moved to motorcycle production as the restrictions of the treaty has become lifted in 1923, followed by automobiles with 1928-29.The first car which in turn BMW successfully produced along with the car which launched BMW in relation to automobile production was the particular Dixi, based on the Austin 7 and licensed in the Austin Motor Company inside 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 serp of 1918, known for good energy economy and high-altitude efficiency. With German rearmament from the 1930s, the company again began producing aircraft engines to the Luftwaffe. The factory in Munich made ample using forced labour: foreign civilians, prisoners of war and inmates with the concentration camp Dachau. Among its successful Planet War II engine designs were the BMW 132 and BMW 801 air-cooled radial machines, and the pioneering BMW 003 axial-flow turbojet, which powered the very small, 1944-1945-era jet-powered "emergency fighter", the Heinkel He 162 Spatz. The BMW 003 jet engine was tested as a prime power plant in the first prototype of the Messerschmitt Me 262, the Me 262 V1, but in 1942 exams the BMW prototype search engines failed on takeoff together with only the standby Junkers Jumo 210 nose-mounted piston engine powering it to some safe landing. [11][12] The few Myself 262 A-1b test examples built used a lot more developed version of the actual 003 jet, recording an official best speed of 800 km/h (497 mph). The first-ever four-engine jet aircraft ever flown were being the sixth and eighth prototypes on the Arado Ar 234 fly reconnaissance-bomber, which used BMW 003 jets for power. Through 1944 the 003's reliability improved, making it a suited power plant for fresh air frame designs competing for your Jägernotprogramm's light fighter creation contract. which was won through the Heinkel He 162 Spatz design. The BMW 003 aviation turbojet was also into account as the basic kick off point for a pioneering turboshaft powerplant with regard to German armored fighting vehicles in 1944-45, as the GT information and facts. Towards the end of the Third Reich, BMW developed some military aircraft projects for the Luftwaffe, the BMW Strahlbomber, the BMW Schnellbomber plus 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 manufacturing design studio DesignworksUSA, which they fully bought in 1995. In 1994, BMW bought the British isles Rover Group[19] (which at that time consisted of the Rover, Land Rover and MG brands as well as the rights to defunct brand names including Austin and Morris), and owned it regarding six years. By 2000, Rover was incurring big losses and BMW chose to sell the combine. The MG and Rover brands were sold on the Phoenix Consortium to form MG Rover, while Land Rover was bought out by Ford. BMW, meanwhile, retained the rights to build the new Mini, which was launched throughout 2001.

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Fundamental designer Chris Bangle introduced his departure from BMW with February 2009, after serving on the structure team for nearly over seventeen years. He was replaced simply by Adrian van Hooydonk, Bangle's former right-hand guy. Bangle was known with regard to his radical designs for example the 2002 7-Series and the actual 2002 Z4. In July 2007, the production rights regarding Husqvarna Motorcycles was purchased by BMW for the reported 93 million euros. BMW Motorrad plans to carry on operating Husqvarna Motorcycles being a separate enterprise. All development, sales and production pursuits, as well as the existing workforce, have remained in spot at its present area at Varese.In June 2012, BMW was listed as 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.".

BMW M3 GTR ALMS 2009 92 Muller/Milner 1:43

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