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Bayerische Motoren Werke AG The german language for Bavarian Motor Is effective, usually known under it is 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 also the parent company associated with Rolls-Royce Motor Cars. BMW produces motorcycles under BMW Motorrad, and plug-in electric cars beneath the BMW i sub-brand and the "iPerformance" model designation inside regular BMW lineup. It is one from 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 from the Rapp Motorenwerke aircraft manufacturing firm in 1917. After the end of World War I throughout 1918, BMW was forced to help cease aircraft-engine production through the terms of the Versailles Armistice Treaty. The company consequently altered to motorcycle production because restrictions of the treaty started to be lifted in 1923, followed by automobiles throughout 1928-29.The first car which often BMW successfully produced along with the car which launched BMW on the road to automobile production was this Dixi, based on the Austin tx 7 and licensed in the Austin Motor Company with Birmingham, England.

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BMW's 1st significant aircraft engine, and commercial product regarding any sort, was the BMW IIIa inline-six liquid-cooled serp of 1918, known for good gas economy and high-altitude functionality. With German rearmament within the 1930s, the company again began producing aircraft engines for the Luftwaffe. The factory in Munich made ample by using forced labour: foreign civilians, prisoners of war and inmates with the concentration camp Dachau. Among its successful World War II engine types were the BMW 132 and also BMW 801 air-cooled radial search engines, and the pioneering BMW 003 axial-flow turbojet, which powered the tiny, 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 the particular Messerschmitt Me 262, the Me 262 V1, but in 1942 exams the BMW prototype applications failed on takeoff using 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 the greater developed version of the actual 003 jet, recording an official prime speed of 800 km/h (497 mph). The first-ever four-engine fly aircraft ever flown had been 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 acceptable power plant for air flow frame designs competing with the Jägernotprogramm's light fighter creation contract. which was won by the Heinkel He 162 Spatz pattern. The BMW 003 aviation turbojet was also involved as the basic starting place for a pioneering turboshaft powerplant intended for German armored fighting autos in 1944-45, as the GT 101. 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 them were built.

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BMW 3-Series (F30)In 1992, BMW acquired a huge stake in California-based commercial design studio DesignworksUSA, which they fully acquired in 1995. In 1994, BMW bought the British isles Rover Group[19] (which during the time consisted of the Rover, Land Rover and MG brands in addition to the rights to defunct makes including Austin and Morris), and owned it pertaining to six years. By 2000, Rover was incurring huge losses and BMW thought we would sell the combine. The MG and Rover brands were sold for the Phoenix Consortium to kind MG Rover, while Land Rover was taken over by Ford. BMW, meanwhile, retained the rights to make the new Mini, which was launched throughout 2001.

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Chief designer Chris Bangle declared his departure from BMW within February 2009, after serving on the planning team for nearly 19 years. He was replaced through Adrian van Hooydonk, Bangle's former right-hand gentleman. Bangle was known pertaining to his radical designs for example the 2002 7-Series and the actual 2002 Z4. In July 2007, the production rights with regard to Husqvarna Motorcycles was purchased by BMW to get a reported 93 million euros. BMW Motorrad plans to remain operating Husqvarna Motorcycles as being a separate enterprise. All development, sales and production activities, as well as the latest workforce, have remained in place at its present location at Varese.In June 2012, BMW was listed because #1 most reputable company on the 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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