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Bayerische Motoren Werke AG The german language for Bavarian Motor Functions, usually known under the abbreviation BMW, is a German high-class vehicles, motorcycle, and engine manufacturing organization founded in 1916. Headquartered in Munich, Bavaria, Germany. BMW owns Mini cars and is also the parent company of Rolls-Royce Motor Cars. BMW produces motorcycles below BMW Motorrad, and plug-in electric cars beneath the BMW i sub-brand and also the "iPerformance" model designation inside regular BMW lineup. It is one from the best-selling luxury automakers on earth. The company is an element of the Euro Stoxx 50 stock trading game index.BMW was established as a business entity following a restructuring on the Rapp Motorenwerke aircraft making firm in 1917. After the end associated with World War I inside 1918, BMW was forced in order to cease aircraft-engine production with the terms of the Versailles Armistice Treaty. The company consequently changed to motorcycle production for the reason that restrictions of the treaty began to be lifted in 1923, followed by automobiles within 1928-29.The first car which often BMW successfully produced and 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 within Birmingham, England.

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BMW's initial significant aircraft engine, and commercial product associated with any sort, was the BMW IIIa inline-six liquid-cooled motor of 1918, known for good energy resource economy and high-altitude efficiency. With German rearmament in the 1930s, the company again commenced producing aircraft engines for that Luftwaffe. The factory in Munich made ample utilization of forced labour: foreign civilians, prisoners of war and inmates in the concentration camp Dachau. Among its successful World War II engine designs were the BMW 132 as well as BMW 801 air-cooled radial search engines, 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 within the first prototype of this Messerschmitt Me 262, the Me 262 V1, but in 1942 assessments the BMW prototype machines failed on takeoff with only the standby Junkers Jumo 210 nose-mounted piston engine powering it to a safe landing. [11][12] The few Us 262 A-1b test examples built used the more developed version of your 003 jet, recording an official prime speed of 800 km/h (497 mph). The first-ever four-engine airliner aircraft ever flown ended up the sixth and eighth prototypes from the Arado Ar 234 plane reconnaissance-bomber, which used BMW 003 jets for power. Through 1944 the 003's dependability improved, making it a appropriate power plant for air frame designs competing for your Jägernotprogramm's light fighter generation contract. which was won from the Heinkel He 162 Spatz style. The BMW 003 aviation turbojet was also into account as the basic starting point for a pioneering turboshaft powerplant with regard to German armored fighting automobiles in 1944-45, as the GT tips. Towards the end on the Third Reich, BMW developed some military aircraft projects with the 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 large stake in California-based manufacturing design studio DesignworksUSA, which they fully bought in 1995. In 1994, BMW bought the British isles Rover Group[19] (which at that time consisted of the Rover, Land Rover and MG brands as well as the rights to defunct models including Austin and Morris), and owned it pertaining to six years. By 2000, Rover was incurring massive losses and BMW thought we would sell the combine. The MG and Rover brands were sold for the Phoenix Consortium to variety MG Rover, while Land Rover was bought out by Ford. BMW, meanwhile, retained the rights to make the new Mini, which was launched within 2001.

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Key designer Chris Bangle announced his departure from BMW within February 2009, after serving on the look team for nearly seventeen years. He was replaced simply by Adrian van Hooydonk, Bangle's former right-hand guy. Bangle was known with regard to his radical designs for example the 2002 7-Series and the particular 2002 Z4. In July 2007, the production rights pertaining to Husqvarna Motorcycles was purchased by BMW to get a reported 93 million pounds. BMW Motorrad plans to continue operating Husqvarna Motorcycles as being a separate enterprise. All development, sales and production routines, as well as the existing workforce, have remained in area at its present location at Varese.In June 2012, BMW was listed because #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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