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Bayerische Motoren Werke AG German born for Bavarian Motor Functions, usually known under it's abbreviation BMW, is a German high end vehicles, motorcycle, and engine manufacturing firm 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 underneath BMW Motorrad, and plug-in electric cars underneath the BMW i sub-brand along with the "iPerformance" model designation in the regular BMW lineup. It is one in the best-selling luxury automakers on earth. The company is a component of the Euro Stoxx 50 stock trading game index.BMW was established being a business entity following a restructuring from the Rapp Motorenwerke aircraft making firm in 1917. After the end associated with World War I within 1918, BMW was forced for you to cease aircraft-engine production through the terms of the Versailles Armistice Treaty. The company consequently shifted to motorcycle production as the restrictions of the treaty turned lifted in 1923, followed by automobiles inside 1928-29.The first car that BMW successfully produced along with the car which launched BMW in relation to automobile production was this Dixi, based on the Austin texas 7 and licensed in the Austin Motor Company inside Birmingham, England.

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BMW's 1st 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 effectiveness. With German rearmament inside the 1930s, the company again started producing aircraft engines to the Luftwaffe. The factory in Munich made ample utilization of forced labour: foreign civilians, prisoners of war and inmates with the concentration camp Dachau. Among its successful Earth War II engine models were the BMW 132 and BMW 801 air-cooled radial motors, 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 inside first prototype of your Messerschmitt Me 262, the Me 262 V1, but in 1942 testing the BMW prototype search engines failed on takeoff along with only the standby Junkers Jumo 210 nose-mounted piston engine powering it with a safe landing. [11][12] The few Me 262 A-1b test examples built used greater developed version of the particular 003 jet, recording an official major speed of 800 km/h (497 mph). The first-ever four-engine jet aircraft ever flown were the sixth and eighth prototypes of the Arado Ar 234 airliner reconnaissance-bomber, which used BMW 003 jets for power. Through 1944 the 003's consistency improved, making it a ideal power plant for air flow frame designs competing to the Jägernotprogramm's light fighter production contract. which was won with the Heinkel He 162 Spatz design. The BMW 003 aviation turbojet was also into consideration as the basic beginning for a pioneering turboshaft powerplant with regard to German armored fighting vehicles 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 these individuals were built.

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BMW 3-Series (F30)In 1992, BMW acquired a huge stake in California-based business design studio DesignworksUSA, which they fully purchased in 1995. In 1994, BMW bought the Uk Rover Group[19] (which at the time consisted of the Rover, Land Rover and MG brands along with the rights to defunct models including Austin and Morris), and owned it with regard to 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 variety MG Rover, while Land Rover was bought out by Ford. BMW, meanwhile, retained the rights to build the new Mini, which was launched throughout 2001.

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Chief designer Chris Bangle announced his departure from BMW inside February 2009, after serving on the design team for nearly 17 years. He was replaced simply by Adrian van Hooydonk, Bangle's former right-hand male. Bangle was known for his radical designs such as 2002 7-Series and the actual 2002 Z4. In July 2007, the production rights with regard to Husqvarna Motorcycles was purchased by BMW for a reported 93 million euros. BMW Motorrad plans to keep operating Husqvarna Motorcycles like a separate enterprise. All development, sales and production activities, as well as the current workforce, have remained in spot at its present position at Varese.In June 2012, BMW was listed since 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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