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Bayerische Motoren Werke AG A language like german for Bavarian Motor Operates, usually known under the abbreviation BMW, is a German high-class vehicles, motorcycle, and engine manufacturing firm 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 underneath BMW Motorrad, and plug-in electric cars beneath BMW i sub-brand plus the "iPerformance" model designation from the regular BMW lineup. It is one on the best-selling luxury automakers on earth. The company is a factor of the Euro Stoxx 50 stock market index.BMW was established being a business entity following a restructuring from the Rapp Motorenwerke aircraft manufacturing firm in 1917. After the end involving World War I within 1918, BMW was forced to be able to cease aircraft-engine production because of the terms of the Versailles Armistice Treaty. The company consequently changed to motorcycle production as the restrictions of the treaty turned lifted in 1923, followed by automobiles throughout 1928-29.The first car which usually BMW successfully produced and also the car which launched BMW with respect to automobile production was your Dixi, based on the Austin tx 7 and licensed from the Austin Motor Company with Birmingham, England.

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BMW's 1st significant aircraft engine, and commercial product associated with any sort, was the BMW IIIa inline-six liquid-cooled powerplant of 1918, known for good fuel economy and high-altitude performance. With German rearmament within the 1930s, the company again commenced producing aircraft engines to the Luftwaffe. The factory in Munich made ample use of forced labour: foreign civilians, prisoners of war and inmates with the concentration camp Dachau. Among its successful Globe War II engine styles were the BMW 132 along with BMW 801 air-cooled radial engines, and the pioneering BMW 003 axial-flow turbojet, which powered the 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 inside first prototype of this Messerschmitt Me 262, the Me 262 V1, but in 1942 testing the BMW prototype machines failed on takeoff with only the standby Junkers Jumo 210 nose-mounted piston engine powering it into a safe landing. [11][12] The few Myself 262 A-1b test examples built used a lot more developed version of the 003 jet, recording an official leading speed of 800 km/h (497 mph). The first-ever four-engine jet aircraft ever flown have 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 reliability improved, making it a acceptable power plant for oxygen frame designs competing with the Jägernotprogramm's light fighter manufacturing contract. which was won from the Heinkel He 162 Spatz style. The BMW 003 aviation turbojet was also under consideration as the basic starting place for a pioneering turboshaft powerplant intended for German armored fighting automobiles in 1944-45, as the GT information and facts. Towards the end on the Third Reich, BMW developed some military aircraft projects for the 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 huge stake in California-based industrial design studio DesignworksUSA, which they fully bought in 1995. In 1994, BMW bought the English Rover Group[19] (which right at that moment consisted of the Rover, Land Rover and MG brands along with the rights to defunct brands including Austin and Morris), and owned it regarding six years. By 2000, Rover was incurring huge losses and BMW decided to sell the combine. The MG and Rover brands were sold towards Phoenix Consortium to form MG Rover, while Land Rover was taken over by Ford. BMW, meanwhile, retained the rights to create the new Mini, which was launched throughout 2001.

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Key designer Chris Bangle reported his departure from BMW inside February 2009, after serving on the look team for nearly 18 years. He was replaced by Adrian van Hooydonk, Bangle's former right-hand guy. Bangle was known for his radical designs like the 2002 7-Series and the 2002 Z4. In July 2007, the production rights intended for Husqvarna Motorcycles was purchased by BMW for the reported 93 million euros. BMW Motorrad plans to remain operating Husqvarna Motorcycles as a separate enterprise. All development, sales and production routines, as well as the current workforce, have remained in location at its present location at Varese.In June 2012, BMW was listed because the #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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