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Bayerische Motoren Werke AG German born for Bavarian Motor Performs, usually known under their 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 involving Rolls-Royce Motor Cars. BMW produces motorcycles within BMW Motorrad, and plug-in electric cars under the BMW i sub-brand as well as the "iPerformance" model designation inside regular BMW lineup. It is one in the best-selling luxury automakers on earth. The company is an element of the Euro Stoxx 50 stock market index.BMW was established like a business entity following a restructuring from the Rapp Motorenwerke aircraft production firm in 1917. After the end associated with World War I in 1918, BMW was forced to help cease aircraft-engine production from the terms of the Versailles Armistice Treaty. The company consequently shifted to motorcycle production because the restrictions of the treaty began to be 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 actual Dixi, based on the Austin tx 7 and licensed on the Austin Motor Company in Birmingham, England.

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BMW's first significant aircraft engine, and commercial product of any sort, was the BMW IIIa inline-six liquid-cooled serps of 1918, known for good gas economy and high-altitude functionality. With German rearmament in the 1930s, the company again commenced producing aircraft engines for that Luftwaffe. The factory in Munich made ample using forced labour: foreign civilians, prisoners of war and inmates on the concentration camp Dachau. Among its successful Earth War II engine types were the BMW 132 and 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 in the first prototype of your Messerschmitt Me 262, the Me 262 V1, but in 1942 checks the BMW prototype applications failed on takeoff using only the standby Junkers Jumo 210 nose-mounted piston engine powering it with a safe landing. [11][12] The few Myself 262 A-1b test examples built used the greater developed version of the 003 jet, recording an official top speed of 800 km/h (497 mph). The first-ever four-engine aircraft aircraft ever flown were being the sixth and eighth prototypes on the Arado Ar 234 airliner reconnaissance-bomber, which used BMW 003 jets for power. Through 1944 the 003's consistency improved, making it a acceptable power plant for fresh air frame designs competing for the Jägernotprogramm's light fighter creation contract. which was won with the Heinkel He 162 Spatz design. The BMW 003 aviation turbojet was also into account as the basic beginning for a pioneering turboshaft powerplant for German armored fighting automobiles in 1944-45, as the GT information. Towards the end with the Third Reich, BMW developed some military aircraft projects for that Luftwaffe, the BMW Strahlbomber, the BMW Schnellbomber and the BMW Strahljäger, but none of all 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 acquired in 1995. In 1994, BMW bought the United kingdom Rover Group[19] (which at the time consisted of the Rover, Land Rover and MG brands and also the rights to defunct brands including Austin and Morris), and owned it regarding six years. By 2000, Rover was incurring enormous losses and BMW decided to sell the combine. The MG and Rover brands were sold towards the Phoenix Consortium to form MG Rover, while Land Rover was absorbed by Ford. BMW, meanwhile, retained the rights to build the new Mini, which was launched in 2001.

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Fundamental designer Chris Bangle declared his departure from BMW within February 2009, after serving on the planning team for nearly 17 years. He was replaced simply by Adrian van Hooydonk, Bangle's former right-hand person. Bangle was known with regard to his radical designs like the 2002 7-Series and the 2002 Z4. In July 2007, the production rights pertaining to Husqvarna Motorcycles was purchased by BMW to get a reported 93 million euros. BMW Motorrad plans to stay operating Husqvarna Motorcycles being a separate enterprise. All development, sales and production actions, as well as the latest workforce, have remained in position at its present position at Varese.In June 2012, BMW was listed since 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.".

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