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Bayerische Motoren Werke AG The german language for Bavarian Motor Functions, usually known under their 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 connected with 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 in the regular BMW lineup. It is one from the best-selling luxury automakers on earth. The company is a factor of the Euro Stoxx 50 stock trading game index.BMW was established as a business entity following a restructuring on the Rapp Motorenwerke aircraft creation firm in 1917. After the end connected with World War I inside 1918, BMW was forced to help cease aircraft-engine production because of the terms of the Versailles Armistice Treaty. The company consequently changed to motorcycle production since the restrictions of the treaty started to be lifted in 1923, followed by automobiles within 1928-29.The first car which BMW successfully produced along with the car which launched BMW with respect to automobile production was the actual Dixi, based on the Austin 7 and licensed on the Austin Motor Company in Birmingham, England.

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BMW's 1st significant aircraft engine, and commercial product involving any sort, was the BMW IIIa inline-six liquid-cooled serp of 1918, known for good fuel economy and high-altitude overall performance. With German rearmament from the 1930s, the company again begun producing aircraft engines for your Luftwaffe. The factory in Munich made ample usage of forced labour: foreign civilians, prisoners of war and inmates with the concentration camp Dachau. Among its successful Earth War II engine types were the BMW 132 in addition to BMW 801 air-cooled radial applications, 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 first tested as a prime power plant from the first prototype of this Messerschmitt Me 262, the Me 262 V1, but in 1942 assessments the BMW prototype applications failed on takeoff together with only the standby Junkers Jumo 210 nose-mounted piston engine powering it into a safe landing. [11][12] The few Me personally 262 A-1b test examples built used the greater developed version of the particular 003 jet, recording an official prime speed of 800 km/h (497 mph). The first-ever four-engine plane aircraft ever flown were the sixth and eighth prototypes from the Arado Ar 234 fly reconnaissance-bomber, which used BMW 003 jets for power. Through 1944 the 003's reliability improved, making it a ideal power plant for air frame designs competing with the Jägernotprogramm's light fighter output contract. which was won because of the Heinkel He 162 Spatz design. The BMW 003 aviation turbojet was also into consideration as the basic beginning for a pioneering turboshaft powerplant pertaining to German armored fighting automobiles in 1944-45, as the GT tips. Towards the end from the Third Reich, BMW developed some military aircraft projects with the Luftwaffe, the BMW Strahlbomber, the BMW Schnellbomber plus the BMW Strahljäger, but none of these were built.

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BMW 3-Series (F30)In 1992, BMW acquired a substantial stake in California-based commercial design studio DesignworksUSA, which they fully bought in 1995. In 1994, BMW bought the Uk Rover Group[19] (which at the time consisted of the Rover, Land Rover and MG brands plus the rights to defunct brands including Austin and Morris), and owned it intended for six years. By 2000, Rover was incurring enormous losses and BMW decided to sell the combine. The MG and Rover brands were sold towards Phoenix Consortium to style MG Rover, while Land Rover was bought out by Ford. BMW, meanwhile, retained the rights to construct the new Mini, which was launched within 2001.

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Key designer Chris Bangle introduced his departure from BMW in February 2009, after serving on the design team for nearly seventeen years. He was replaced by means of Adrian van Hooydonk, Bangle's former right-hand gentleman. Bangle was known intended for his radical designs like the 2002 7-Series and the particular 2002 Z4. In July 2007, the production rights intended for Husqvarna Motorcycles was purchased by BMW for the reported 93 million pounds. BMW Motorrad plans to remain operating Husqvarna Motorcycles as a separate enterprise. All development, sales and production actions, as well as the present workforce, have remained in position at its present location at Varese.In June 2012, BMW was listed because the #1 most reputable company on this planet 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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