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Bayerische Motoren Werke AG In german for Bavarian Motor Works, usually known under it is abbreviation BMW, is a German luxurious vehicles, motorcycle, and engine manufacturing corporation founded in 1916. Headquartered in Munich, Bavaria, Germany. BMW owns Mini cars which is the parent company connected with Rolls-Royce Motor Cars. BMW produces motorcycles under BMW Motorrad, and plug-in electric cars underneath the BMW i sub-brand along with the "iPerformance" model designation inside regular BMW lineup. It is one of 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 as being a business entity following a restructuring in the Rapp Motorenwerke aircraft producing firm in 1917. After the end regarding World War I inside 1918, BMW was forced to help cease aircraft-engine production through the terms of the Versailles Armistice Treaty. The company consequently moved to motorcycle production as the restrictions of the treaty grew to become lifted in 1923, followed by automobiles throughout 1928-29.The first car that BMW successfully produced and the car which launched BMW in relation to automobile production was your Dixi, based on the Austin tx 7 and licensed from the Austin Motor Company throughout Birmingham, England.

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BMW's very first significant aircraft engine, and commercial product of any sort, was the BMW IIIa inline-six liquid-cooled engine of 1918, known for good fuel economy and high-altitude overall performance. With German rearmament inside 1930s, the company again started out producing aircraft engines for that 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 Globe War II engine patterns were the BMW 132 as well as BMW 801 air-cooled radial machines, and the pioneering BMW 003 axial-flow turbojet, which powered the little, 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 particular Messerschmitt Me 262, the Me 262 V1, but in 1942 testing the BMW prototype search engines failed on takeoff having only the standby Junkers Jumo 210 nose-mounted piston engine powering it to a safe landing. [11][12] The few Everyone 262 A-1b test examples built used a lot more developed version of the actual 003 jet, recording an official top speed of 800 km/h (497 mph). The first-ever four-engine airliner aircraft ever flown had been the sixth and eighth prototypes on the Arado Ar 234 airliner reconnaissance-bomber, which used BMW 003 aircraft for power. Through 1944 the 003's trustworthiness improved, making it a appropriate power plant for air frame designs competing to the Jägernotprogramm's light fighter generation contract. which was won through the Heinkel He 162 Spatz layout. The BMW 003 aviation turbojet was also in mind as the basic kick off point for a pioneering turboshaft powerplant intended for German armored fighting automobiles in 1944-45, as the GT information and facts. Towards the end of the Third Reich, BMW developed some military aircraft projects for that Luftwaffe, the BMW Strahlbomber, the BMW Schnellbomber and also the BMW Strahljäger, but none of them were built.

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BMW 3-Series (F30)In 1992, BMW acquired a big stake in California-based manufacturing design studio DesignworksUSA, which they fully obtained in 1995. In 1994, BMW bought the British Rover Group[19] (which at that time consisted of the Rover, Land Rover and MG brands in addition to the rights to defunct models including Austin and Morris), and owned it with regard to six years. By 2000, Rover was incurring big losses and BMW chose to sell the combine. The MG and Rover brands were sold towards 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 announced his departure from BMW throughout February 2009, after serving on the planning team for nearly over seventeen years. He was replaced by simply Adrian van Hooydonk, Bangle's former right-hand guy. Bangle was known intended for his radical designs like the 2002 7-Series and the 2002 Z4. In July 2007, the production rights for Husqvarna Motorcycles was purchased by BMW for any reported 93 million euros. BMW Motorrad plans to remain operating Husqvarna Motorcycles to be a separate enterprise. All development, sales and production pursuits, as well as the present workforce, have remained in location at its present area 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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